Yael T. Abouhalkah

March 17, 2014

Claire McCaskill plunks down $2.7 million for D.C. condo

Missouri Sen. Claire McCaskill is the 24th richest member of Congress according to a recent Roll Call list. Now look at what property records show the Democrat — and her husband Joseph Shepard — recently bought in Washington, D.C.: a $2.7 million condo. That’s a lot of money, even for the pricey nation’s capital.
Missouri Sen. Claire McCaskill is one of the richest members of Congress, No. 24 according to a recent Roll Call list

, with a net worth of $15 million.

Now look at what property records show the Democrat — and her husband Joseph Shepard — recently bought in a mixed use development in Washington, D.C.: a $2.7 million condo.

Now that’s expensive, even for the pricey nation’s capital, where median home sales prices hover close to the $500,000 range.

From a breaking story Monday by

Daniel J. Sernovitz, a reporter at the Washington Business Journal

:

“The sale, recorded Feb. 2, appears to be the most expensive condo unit to sell so far at CityCenterDC, where units have ranged from $417,000 to $1.7 million....

“McCaskill and Shepard, a low-income housing developer in St. Louis who has come under fire for receiving federal subsidies during her tenure, also own a condominium on Massachusetts Avenue NW, not far from the Government Accountability Office's headquarters, which they bought for nearly $700,000 back in 2007, according to D.C. property records.”

McCaskill’s wealth, mostly connected to her husband’s businesses, isn’t that surprising.

It’s been part of attack ads against the senator for years — ads that haven’t worked, by the way, given her successes in winning her first Senate seat in 2006 and re-election in 2012.

Still, the news about McCaskill’s new D.C. home understandably will give some more credence to the people who think top elected officials have lost touch with “real” residents back in the Midwest.

And what is it with local senators and news about their homes?

In Kansas, Sen. Pat Roberts

recently was the subject of news stories pointing out he didn’t live in the home he owns in Dodge City.

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