According to a new report.
The Post reported last week that the Bidens, including disgraced first son Hunter, were spending their summer vacations at the beachfront property owned by top Democratic donor Maria Allwin – the widow of hedge fund founder James Allwin .
“They’ve stayed here before and they’re not paying,” a source close to Allwin said. “They never paid. They’re just friends.
The Daily Mail reported on Monday, citing court documents, that behind its seemingly immaculate facade, the nine-bedroom estate that has hosted the Bidens on and off since 2009 has become something of a money pit and is the subject of several rounds of litigation. .
A 2019 appeals court decision in Allwin’s lawsuit against the builders of his home outlined the many issues that have plagued the luxury property over the years, including mold, multiple cracks, wallpaper peeling and damaged drywall, leaks, warped flooring and termites.
According to the lawsuit, Allwin first became aware of the problems in 1999 – just five years after construction of his mansion was completed.
A contractor Allwin hired to assess the condition of the property told him in 2004 that the roof was “so poorly installed that the only way to fix the roof properly is to replace it” to the tune of more than $500,000 , according to the document.
Allwin balked at the high price tag, but invested hundreds of thousands of dollars in a series of home repairs over the next few years. She eventually sued the company that built her home, Russ Cooper Associates, in 2013, but lost at trial because she waited too long to file the lawsuit and the statute of limitations had run out. She appealed the decision, but the appeals court dismissed her claim on the same grounds.
Allwin’s home troubles didn’t scare away the Bidens, who stayed there in August 2009, April 2012, April 2014, June 2015 and August 2015, according to records obtained by the outlet’s infamous laptop. Hunter Biden as well as recordings from Biden’s time as president. Vice President of Barack Obama.
Allwin has known Joe and Jill Biden socially for more than a decade, the source told the Post last week, adding that they had no mutual business relationship.
Before the 2020 election, Allwin sent a check for $35,000 to the Biden Victory Fund and the Democratic National Committee, according to Federal Election Commission records.
She has donated generously to a variety of mostly Democratic political campaigns, but her most recent donations have been to Rep. Liz Cheney (R-Wyo.) and a PAC supporting her efforts to fend off a lead challenge by Harriet Hageman, endorsed by Donald Trump.
The Allwin family company, Aetos Capital, is currently run by Maria’s son, Chris, and manages $11.31 billion in assets.
New York Post