The Soros clan is at it again. This time, it's more than just political machinations; they are engaging in a real-estate buying spree on New York's Shelter Island, an upscale, expensive island community that can only be reached by a ferry. The Soroses are now the largest landowners on the island.
George Soros and his family have been on a property buying spree, scooping up homes and prime parcels of land in an idyllic Hamptons enclave, angering local residents who worry the billionaire land grab is already upending the tight-knit community, The Post has learned.
The family now control nearly 120 acres of property on Shelter Island, which is only accessible by ferry, making the Soroses — billionaire Hungarian-American investor George, 95, his sons Alex, 40, and Gregory, 38 — the largest private landowner in the community.
The 18 properties they have bought were purchased through myriad shell companies, according to public records reviewed by The Post.
This raises a number of questions. Why these properties? Why on this island, of all places? Why so many? And why do what looks to be trying to conceal the purchases through shell companies?
What are the Soroses up to now?
“We never really figured out what their purpose in buying so much land could be,” said a former resident who sold their property to the family a few years ago. “But because you can only get here by ferry, we thought they might be building a bunker, away from everyone.”
Six years ago, when Gregory scooped up a 22-acre property on Daniel Lord Road, the quiet street suddenly saw a steady flow of construction workers and water tankers arriving a few times a week to fill his pool, rumored to be the largest on the 6.5-mile island, the former resident said.
Cameras have been installed on the street, and local plumbers, carpenters and housekeepers were required to sign nondisclosure agreements in order to work at the property, according to the former resident, who asked not to be identified.
Curiouser and curiouser.
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There could be any number of innocuous reasons for a family as wealthy (thanks to old George's currency manipulation) as the Soros family to buy up expensive real estate. As an investment, perhaps, or perhaps just to move the family to a secure location, away from anything bad happening. That last possibility is a tad concerning; what bad thing may they be preparing to keep away from?
Whatever they have in mind, the locals, the people who already live in Shelter Island, aren't happy about the Soroses strong-arming their way in.
The family bought up all the properties on the road, and petitioned the Shelter Island Town Board to install a security fence on the road to keep locals out. The town blocked those plans because there is a town-owned landing at the end of the road, but residents told The Post they believe it is just a matter of time before the Soros family will get its way.
“We can’t keep up with the lawyers that these millionaires have and they seem to build whatever they want,” said Steve Lenox, a longtime local resident who voiced his concerns at a Shelter Island Town Board meeting on June 29. “That’s what’s ruining the island.”
This is how the Soros clan operates, it seems.
It's worth noting that this could be a valuable getaway in the event of any major social unrest - such as, say, the left's likely reaction to a great midterm election victory for Republicans. The only thing that would enrage rabid lefties more than that would be another Trump presidency, which is precluded by the Constitution. And we've all seen how the left reacts to major disappointments - remember the summer of 2020?
Stay tuned. The nefarious machinations of the Soros family are far from complete.
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