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Explaining the $18 Million Mar-a-Lago Valuation by New York Trump Case Judge
from Zero Hedge
Authored by Petr Svab via The Epoch Times (emphasis ours),
Former President Donald Trump and two of his sons have criticized a New York judge for suggesting his Mar-a-Lago Palm Beach resort is worth between $18–28 million.
“If Mar-a-Lago is worth $18 million … I’ll take 10 please!!!” Donald Trump Jr., an executive vice president of Trump Organization, wrote on X, formerly known as Twitter.
Judge Arthur Engoron implied the market value of the property in a Sept. 26 summary ruling that found President Trump’s business empire liable for fraudulently inflating property values in loan paperwork. He revoked the Trump Organization’s business licenses in the state and ordered it dissolved.