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> Politics

Kasselakis: Perplexity regarding his unknown business entity, a critique towards Proto Thema concerning the geographic positioning of his residence in New York

He subtly suggests the potential pursuit of legal action, not regarding his undisclosed US-based business entity, but rather due to the geographic distance separating his villa from the Hamptons

Newsroom June 6 08:49

Observing the contents laid forth by Proto Thema based on the discourse by journalist Thanos Dimadis, An unexpected surge of inquiries arises, encapsulating the unfolding scenario subsequent to the SYRIZA President, Stefanos Kasselakis, opting to disclose his assets until 31st December 2023. This unveiling has given rise to nuanced questioning during journalistic exploration.

As per the presented Excel data by Mr. Kasselakis, he emerges as the acquirer of a residence in New York within the affluent Hamptons precinct in 2022. The abode spans 358 square meters, with a stipulated value of $2,025,000. Initially, the narrative aligns as Mr. Kasselakis, then a private individual, procured the dwelling through a financial loan from Cross Country Mortgage, facilitating a down payment from personal resources.

Per information furnished by journalist Thanos Dimadis, the sum of the loan extended to Mr. Kasselakis stands at €1,620,000. In his recent discourse with ANT1 and Nikos Hatzinikolaou, Mr. Kasselakis iterates that with his absence from the aforementioned dwelling, it is leased out, and the mortgage repayments are covered by the rental income. Mr. Kasselakis, in his declaration, affirms having received $71,367 in rental proceeds in 2023. The Establishment of Whimsy Woods LLC, Peculiar circumstances come to light at this juncture. According to Propertyshark.com, a revered real estate platform in the United States, Mr. Kasselakis purportedly engages in the sale of his residence to a venture termed Whimsy Woods LLC. Per documents disclosed by Mr. Dimadis, this transaction purportedly transpired on 24th March 2023 between Kasselakis and the aforementioned entity.

See documents HERE

The sale price as reported is less than $10. Subsequently, this entity purportedly holds possession of the property as per the same platform for a span of approximately two months, with Mr. Kasselakis reverting as the proprietor of the estate on 1st July 2023 with the address 461 Woodstock Rd, Millbrook, NY 12345. Notably, the deed of transfer from the company to Mr. Kasselakis remains unregistered in Delaware’s public archives. Noteworthy is the revelation surrounding Whimsy Woods LLC, sharing an identical address with OSIOS LLC, a company of investment belonging to Mr. Kasselakis cited in his document through which he extended a loan of €230,000 to SYRIZA the previous December for festive expenses and other obligations. The address, as evidenced, is 88 SW, 7 St, 3806, Miami, FL 33130 in both instances, which coincides with Mr. Kasselakis’ stated location in Miami.

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Exploring Delaware’s Second Enterprise, Up to this juncture, no significant concerns surface concerning Mr. Kasselakis. Even if he holds ties to Whimsy Woods, any actions taken were during a period detached from his incumbency as the President of SYRIZA or his prior electoral pursuits. Yet, based on the public documents unveiled by Mr. Dimadis, compelling details emerge. Specifically, Whimsy Woods LLC is registered in Delaware, is renowned for its advantageous fiscal frameworks for American enterprises and streamlined incorporation protocols.

A recent search indicates the persistent existence of the company in the official records of Delaware. Thus, if Mr. Kasselakis maintains an affiliation with Whimsy Woods LLC, concerning the information undisclosed in his documented records, crucial queries remain unanswered. Envisaging a scenario where Mr. Kasselakis is not involved, the perplexing poser arises about the ultimate custodian of the property generating rental income. Delving into the operational mechanics, while Mr. Kasselakis ostensibly asserts property ownership, the company plays a prominent role as the lessor of the opulent abode in New York across prominent rental platforms. Conclusively, Whimsy Woods features as the owner of the property via the Red Cottage platform. Notably, during summer intervals, the residence exhibits full occupancy, with availabilities resuming from September 1st onwards. For instance, a stay between September 1st and 17th entails a monetary outlay of $18,981.

Correspondingly, the property features on the widely-acknowledged platform Booking credited to Whimsy Woods LLC, offering rental opportunities from September. Additionally, Whimsy Woods sustains an active Instagram profile, attracting the interest of Stefanos Kasselakis and his partner Tyler McBeth, showcasing the property’s amenities and linking to the RedCottage platform. Integrating Tyler McBeth’s Scope, Complementing the aforementioned dynamics is the involvement of Mr. Kasselakis’ companion, Tyler McBeth, who, alongside three associates, formalized the business entity Barry’s Greece LLC on 25th March 2024. This development adds an additional layer of complexity to the unfolding narrative.

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