HOUSE_OVERSIGHT_029522.jpg
2 MB
Extraction Summary
4
People
5
Organizations
10
Locations
4
Events
2
Relationships
3
Quotes
Document Information
Type:
News article printout / congressional record
File Size:
2 MB
Summary
This document is a printout of a 2019 real estate news article detailing the history of developer Robert Matthews. It outlines his controversial business practices, including failed projects in Nantucket and claimed projects in New York and Bora Bora, as well as his purchase of the Palm House in Florida in 2006. Significant attention is given to his relationship with former Connecticut Governor John Rowland, involving a corruption investigation related to a 1997 condo purchase in Washington, D.C.
People (4)
| Name | Role | Context |
|---|---|---|
| Robert Matthews | Developer |
Subject of the article; accused of misleading investors and corruption; 61 years old.
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| John Rowland | Former Governor of Connecticut |
Political connection to Matthews; involved in a corruption investigation regarding a condo sale.
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| Jay Gatsby | Fictional Character |
Used as a comparison for Matthews' lifestyle.
|
| Union soldier | Historical Figure |
Allegedly stole North Carolina's Bill of Rights in 1865.
|
Organizations (5)
| Name | Type | Context |
|---|---|---|
| South Florida Real Estate News |
Publication source (The Real Deal).
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| Hartford Courant |
Newspaper cited regarding Matthews' reputation in Connecticut.
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| New York Times |
Newspaper cited regarding Matthews' political connections.
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| FBI |
Recovered stolen Bill of Rights.
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| House Oversight Committee |
Implied by Bates stamp 'HOUSE_OVERSIGHT'.
|
Timeline (4 events)
1997
Alleged straw buyer purchase of John Rowland's DC condo.
Washington, D.C.
Mid-1980s
Locations (10)
| Location | Context |
|---|---|
|
Historic property in South Florida bought by Matthews in 2006.
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Claimed location of completed projects.
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Claimed location of completed projects.
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Claimed location of completed projects.
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Location of failed 'Point Breeze' project.
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Location where Matthews bought properties in the mid-80s.
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Location of the condo involved in the corruption allegation.
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Location of the Palm House.
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Place where Matthews was raised.
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Place where Matthews moved in the mid-80s.
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Relationships (2)
Matthews became close with Governor Rowland in the 90s; engaged in property transactions involving a straw buyer.
Matthews began soliciting EB-5 investors for what he called Palm Beach’s last opportunity to build a 'five-star hotel.'
Key Quotes (3)
"There is no evidence of him completing these projects."Source
HOUSE_OVERSIGHT_029522.jpg
Quote #1
"Locals there began drawing comparisons between Matthews and the fictional Jay Gatsby due to his ritzy parties and expensive tastes"Source
HOUSE_OVERSIGHT_029522.jpg
Quote #2
"Matthews allegedly bought a condo in Washington, D.C., from Rowland through a straw buyer in 1997 for nearly 20 percent more than what the governor had originally paid."Source
HOUSE_OVERSIGHT_029522.jpg
Quote #3
Full Extracted Text
Complete text extracted from the document (2,277 characters)
Palm House Robert Matthews EB-5 Clintons Trump Tony Bennett https://therealdeal.com/miami/issues_articles/lost-paradise-at-th...
SOUTH FLORIDA REAL ESTATE NEWS
SUBSCRIBE MY ACCOUNT
Matthews, 61, gave investors the impression that he was a well-known luxury hotel
developer with a global track record, including completed projects in New York, Bora
Bora and Mexico. There is no evidence of him completing these projects.
developer with a global track record, including completed projects in New York, Bora
Bora and Mexico. There is no evidence of him completing these projects.
Instead, his past dealings were mired in controversy and litigation, including another
failed condo-hotel project in Nantucket called the Point Breeze that was forced into
bankruptcy in 2010.
failed condo-hotel project in Nantucket called the Point Breeze that was forced into
bankruptcy in 2010.
Matthews, who was raised in Massachusetts, moved to Connecticut in the mid-80s
after dropping out of college and started buying up apartments and commercial
properties in Waterbury. Locals there began drawing comparisons between Matthews
and the fictional Jay Gatsby due to his ritzy parties and expensive tastes, according to
the Hartford Courant.
after dropping out of college and started buying up apartments and commercial
properties in Waterbury. Locals there began drawing comparisons between Matthews
and the fictional Jay Gatsby due to his ritzy parties and expensive tastes, according to
the Hartford Courant.
He owned a 108-foot yacht named the Bon Vivant and claimed to possess North
Carolina’s original Bill of Rights, which had been stolen by a Union soldier in 1865
and was recovered by the FBI just over 10 years ago. Adding to the Gatsby
comparisons, Matthews became close with Connecticut’s then-governor, John
Rowland, in the 90s.
Carolina’s original Bill of Rights, which had been stolen by a Union soldier in 1865
and was recovered by the FBI just over 10 years ago. Adding to the Gatsby
comparisons, Matthews became close with Connecticut’s then-governor, John
Rowland, in the 90s.
The developer used his political connections to secure favorable contracts with the
state government, allowing him to purchase government-owned property, among
other things, according to the New York Times. To return the favor, Matthews
allegedly bought a condo in Washington, D.C., from Rowland through a straw buyer
in 1997 for nearly 20 percent more than what the governor had originally paid.
state government, allowing him to purchase government-owned property, among
other things, according to the New York Times. To return the favor, Matthews
allegedly bought a condo in Washington, D.C., from Rowland through a straw buyer
in 1997 for nearly 20 percent more than what the governor had originally paid.
The condo sale and other business dealings eventually led to a corruption
investigation into Rowland. But Matthews was never charged. So, he headed to South
Florida where he first bought the historic Palm House — which needed substantial
repairs — in 2006. Then six years later, Matthews began soliciting EB-5 investors for
what he called Palm Beach’s last opportunity to build a “five-star hotel.”
investigation into Rowland. But Matthews was never charged. So, he headed to South
Florida where he first bought the historic Palm House — which needed substantial
repairs — in 2006. Then six years later, Matthews began soliciting EB-5 investors for
what he called Palm Beach’s last opportunity to build a “five-star hotel.”
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HOUSE_OVERSIGHT_029522
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