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For instance, Engoron found that Trump inflated the value of properties at 40 Wall Street and the Seven Springs Estate in Westchester County, NY as well as a golf course in Aberdeen, Scotland. Notably, Engoron found Trump inflated the size of his triplex apartment at Trump Tower by three times, causing an overvaluation of between $114 million and $207 million. “A discrepancy of this order of magnitude, by a real estate developer sizing up his own living space of decades, can only be considered fraud,” Engoron wrote. Cintron, the Harrington Ocko & Monk partner, doesn’t think the Mar-a-Lago valuation controversy moves the needle on the question of whether Trump committed fraud. “There is enough of a pattern of this practice that he’s engaged with in respect to his properties to support Judge Engoron’s conclusions that there was an intent to defraud,” Cintron said.
Guy is a lawyer/judge not a real estate guy. To value Maralago at 35mm is simply ignorant.
Trump has 17.5 acres of ocean to intracoastal land in Palm Beach with 37,000 sq ft of buildings.
Just to put things in perspective:
Rush Limbaugh's estate was on 2.7 oceanfront acres/ 24K square feet and it SOLD for 155 million and the owner tore it down.
Jeff Epstein's pedophile mansion was not oceanfront/ had awful history, not oceanfront .77 acre lot sold for 28.5mm.
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