A private real estate firm, C.R.I., owned by Richard Blum, husband of Senator Dianne Feinstein, is contracted to sell 56 former post office buildings and pocket 6% commission on each sale. These buildings were built using US taxpayer dollars. Sell these building on bid not earning a commission for a real estate firm.
Why is this important?
The US government has entered into contract with a real estate firm owned by Senator Feinstein's husband to sell 56 former post offices. His firm will earn 6% commission on each sale. Why weren't these buildings being put up for bid as it always has in the past?
