Have you offered your advice to Trump? Or just the monthly donations?
Trump can t post bond
- Thread starter sadiehawkins
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Have you offered your advice to Trump? Or just the monthly donations?
No; it's really not.
What "cash flow" data do you have that would imply such a high valuation?
How many times have you hit the donate tab to STAND WITH TRUMP!
Sure, sure he is. He's worth billions but can't get a loan. The bond amount was set by law, and there have been comparable amounts set in other cases.
Don't do the crime if you can't do the time as they say.
Trump struggling (and failing) to raise his bail is just another example of God and His sense of humor.
What was the "cash flow" for that "simple restaurant"?
Upkeep costs compared to MAL?
Do you have any basic business understanding as to how a business or property is actually "valued"?
When it cannot be "re-zoned" into smaller parcels, whereby it could be split into dozens of businesses that might generate more revenue.
Most of the land MAL sits on isn't "cash generating".
It's a restricted property. He cannot cobble it up and develop it. I don't know if it has landmark status, but basically it's a supper club, and that's all it's going to be.
A "supper club" that sits on a very large parcel of land to maintain that all generates no additional income.
Dumb. The dude was president of the United States. I'm sure he could very easily
US News, f-face. https://www.usnews.com/news/politic...id the rock-bottom,said at least $600 million.
I didn’t realize stanzithemanzi was that far off the deep end, but holy shit.
It isn't simply tax value versus appraisal value, or a perceived value. Trump made up a value, and others ran with the lie for him.
He can't develop Mar A Lago. Its value is limited. It is prime real estate, but it's a supper club. He cannot increase its value. Nobody can.
He's broke.This article suggests otherwise. House of cards.
https://www.curbed.com/article/trump-lawsuit-real-estate-nyc-letitia-james.html
What Real Estate Does Trump Own in NYC Anyway?
Letitia James says she will seize Trump’s properties if he doesn’t pay his civil fraud penalty. The problem is, he doesn’t own that many.www.curbed.com
$40,000 a month in rent by a MAGA PAC gets paid to Trump for two spots in Trump Tower, even though the building has a high vacancy rate... I wonder how fast those leases are broken when the money no longer is offered up to Trump, but instead goes to NY?
What this article makes clear is that Trump embellishes about what he owns, and NY is going to have to look to other states to find things Trump actually owns in order to cover the judgement. And, given that several of those properties are poorly run golf courses it's doubtful NY and E. Jean Carroll will ever get paid.
It still blows my mind how some rubes on here feel the need to defend Trump at every turn. Ol stanzimanzi really took this to heart.
Can the seize them come Monday or do they begin the court process of seizing them?
They'll have to get court orders first. But the government is really good at seizing assets. I'm sure Trump will get one of his crony Judges to delay it. But they will be seized.
Can’t believe people think a limited club that probably only makes enough money to pay the bills and can’t be used for anything else is worth so much. It’s alright but it’s not special.
Then he better start selling it and find another place to shit.
It's a deed limited property. It's literally written in the deed that it has to be sold as a social club. Nobody can buy it to live in. They can't buy it to parcel it out. They can't buy it to develop it. It can only be bought as a social club. It also comes with the burden of being a historical property and all the regulations that come with that. So it's appraised value of $17-35 million is probably pretty accurate. The number of potential buyers would be pretty low.
County Assessor said between 18 to 28 million. Based it on clientele and cash generation. And compared it to other Clubs in area. But I guess it worth whatever someone is willing to pay for it. Think getting hundreds of millions out of a sale would be nuts. The next owner would take a bath.
"very easily" what?
He cannot re-zone a property that is legally prohibited from rezoning per local laws, no matter where in government he previously served.
I remember reading Trump claiming it was worth over a billion. Which is absurd because that puts it almost at the range of the Burg Dubai.
Hysterical that your Google Search Term was "Pulitzer said the rock-bottom at least $600M"
He’s done that about several different properties or golf courses he’s owned. Added some waterfall or amenity to something he bought a few years ago. Then claim it’s now worth hundreds of millions.
Hell he claimed the same crap with that $400 million cash on hand. Not only did he say he had it, but it was rising substantially every month. It goes beyond a lie. It's pretty much criminal.
That must be one nice valet stand he owns at trump tower. Best valet stand ever, many people are saying!
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