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Yeah, all of which are vastly undermarket.Greenberg explained Trump would need to sell 1290 Ave of the Americas in New York City for $172 million, Trump Park Ave. for $80 million, 6 East 57th St. for $80 million, 40 Wall Street for $48 million, Trump Tower for $34 million, the Trump Tower penthouse for $33 million, and TrumpParc for $22 million. That would bring $469MIL.
All of those prices are well below what previous estimates of their worth.
Yeah, all of which are vastly undermarket.
www.newsweek.com
www.newsweek.com
President Trump defends the true value of Mar-A-Lago in this tweet:
"I've been defrauded with the judge that ruled that a property is worth $18 million when in fact it's worth over a billion, probably a billion and a half."
Now you anti-trumpers, ignorant of market value believe Trump is lying.
FACTS folks:
A nearby vacant lot (2.3 acres) is for sale on Zillow for $200 million," John LeFevre, a former investment banker who created the Goldman Sachs Elevator social media account, wrote alongside a screengrab of the listing. "Mar-a-Lago sits on 17 acres, with waterfront on both sides."
He added: "The primary point is this: The lending bank is required to get a valuation from a third party to cover its LTV calculation. No one had an issue with any of this. Everyone made money...Until an activist [District Attorney] came along decades later," a reference to Letitia James, who brought the case.
Multiply 17 acres X $100,000,000 equals $1,700,000,000.
How much is Mar-a-Lago worth? Valuation of Trump property raises questions
The disparity between the former president's valuation of his Florida estate and that of a local assessor has prompted speculation as to its true worth.
FACTS folks..Even the judge is saying...
“Please, press, stop saying that I valued it at $18 million,” Engoron pleaded, as the trial kicked off in Manhattan Supreme Court in New York Attorney General Letitia James’ $250 million lawsuit against the former president, the Trump Organization and sons Eric Trump and Donald Trump Jr.
So why does the biased MSM still insist that the Judge valued at $18 million??
Judge at Trump civil fraud trial implores media to stop saying he valued Mar-a-Lago at $18M
A judge deciding Donald Trump’s fate in a $250 million civil fraud case implored the media to stop saying he valued Mar-a-Lago at $18 million.nypost.com
BIASED MSM at play. Again as I wrote yesterday ABC NEVER ONCE mentioned anything of the above regarding the value of Mar-A-Largo! If 2 acres goes for $200 million????
/---/ Trump Haters don;t care. They are a dog with a bone. This simple concept of real estate assessment vs market value is so simple, even they can understand. They just choose to push the narrative because they think it helps them.
View attachment 920792
Its clear that the democrats are using a kangroo court to stop trump
Its their only hope
You cant defeat trump on the issues so the only way you can stop him is to strip his assetsHis properties are mortgaged for $200 million..and he still owes 14 cities since 2019 for rallies.
You cant defeat trump on the issues so the only way you can stop him is to strip his assets
At some point the Deep State will offer Trump a plea deal - drop out of the race for president and we will not take your businesses away
OK... tell me something... are you a real estate appraiser because here are what market appraisers considerations are:/---/ Trump Haters don;t care. They are a dog with a bone. This simple concept of real estate assessment vs market value is so simple, even they can understand. They just choose to push the narrative because they think it helps them.
View attachment 920792
www.investors.com
OK... tell me something... are you a real estate appraiser because here are what market appraisers considerations are:
Deutsche bank required Trump put up this property the Miami-area resort and Wabash Ave skyscraper as collateral.
Let's look at the Miami-area property known as Mar-a-Largo.
Valued by a New York judge ruled last week that former President Donald Trump inflated the value of his Mar-a-Lago estate by an eye-popping 2,300%.
From 2011-2021, the Palm Beach County Assessor appraised the market value of Mar-a-Lago at between $18 million and $27.6 million,” Engoron wrote in his ruling.
The judge noted Trump valued Mar-a-Lago at between $426.5 million and $612 million, “an overvaluation of at least 2,300%, compared to the assessor’s appraisal.”
To those of you that understand this distinction that Engoron is totally as a well known Democrat very very ignorant of and he is a JUDGE!
But it’s widely known that the tax assessor valuation is typically, though not always, less than what a property would command on the open market.
In other words, it’s not an apples-to-apples comparison.
These experts point this out folks... NOT me I'm not an expert... I just find the truth!
“Appraisal values and market values are just not the same thing. It’s a well-known fact,” said Eli Beracha, chair of the school of real estate at Florida International University.
“That’s especially true for properties that are unique. And it’s very easy to argue this is a unique property."
Dina Goldentayer, executive director of sales at Douglas Elliman in South Florida, said in her experience in the ultra-luxury marketplace the tax assessor’s valuation isn’t considered when trying to value a property.
He wouldn’t make a very good realtor,” Goldentayer said of the judge.
“It’s so widely known that it’s not an accurate determination of market value.”
Now here is the proof via an example:
" A nearby vacant lot (2.3 acres) is for sale on Zillow for $200 million," John LeFevre, a former investment banker who created the Goldman Sachs Elevator social media account, wrote alongside a screengrab of the listing. "Mar-a-Lago sits on 17 acres, with waterfront on both sides."
NOW here is a comparable property:
Cosmetics heir William Lauder has listed two adjacent, empty Palm Beach parcels for an eye watering $200 million, The Wall Street Journal reported.
The parcels, which can be subdivided, total a little more than 2.3 acres and have about 360 feet of beachfront, the listing says.
This is the asking price per acre of the 2.3 acres or $86,956,521 per acre.Estee Lauder Heir Lists Palm Beach Lots for Record $200M
Cosmetics heir William Lauder has listed beachfront properties at 1063 and 1071 North Ocean Boulevard in Palm Beach for a record $200 milliontherealdeal.com
Mar-a-Largo that Trump valued at Mar-a-Lago's worth in a $364 million verdict.
So multiplying 17 acres of Mar-a-Lago times $86,956,521 per acre means $1,478,260,869 for dummies like Cellblock2429... that is $1.478 BILLION!
So again... truly dumb people like Engoron wrote in his ruling.
The judge noted Trump valued Mar-a-Lago at between $426.5 million and $612 million,
which is 3 times less than what the market value of 17 acres as the above example shows.
How dumb!
Mara Lago is encumbered by a historic trust that severely limits it's usefulness and resale value.OK... tell me something... are you a real estate appraiser because here are what market appraisers considerations are:
Deutsche bank required Trump put up this property the Miami-area resort and Wabash Ave skyscraper as collateral.
Let's look at the Miami-area property known as Mar-a-Largo.
Valued by a New York judge ruled last week that former President Donald Trump inflated the value of his Mar-a-Lago estate by an eye-popping 2,300%.
From 2011-2021, the Palm Beach County Assessor appraised the market value of Mar-a-Lago at between $18 million and $27.6 million,” Engoron wrote in his ruling.
The judge noted Trump valued Mar-a-Lago at between $426.5 million and $612 million, “an overvaluation of at least 2,300%, compared to the assessor’s appraisal.”
To those of you that understand this distinction that Engoron is totally as a well known Democrat very very ignorant of and he is a JUDGE!
But it’s widely known that the tax assessor valuation is typically, though not always, less than what a property would command on the open market.
In other words, it’s not an apples-to-apples comparison.
These experts point this out folks... NOT me I'm not an expert... I just find the truth!
“Appraisal values and market values are just not the same thing. It’s a well-known fact,” said Eli Beracha, chair of the school of real estate at Florida International University.
“That’s especially true for properties that are unique. And it’s very easy to argue this is a unique property."
Dina Goldentayer, executive director of sales at Douglas Elliman in South Florida, said in her experience in the ultra-luxury marketplace the tax assessor’s valuation isn’t considered when trying to value a property.
He wouldn’t make a very good realtor,” Goldentayer said of the judge.
“It’s so widely known that it’s not an accurate determination of market value.”
Now here is the proof via an example:
" A nearby vacant lot (2.3 acres) is for sale on Zillow for $200 million," John LeFevre, a former investment banker who created the Goldman Sachs Elevator social media account, wrote alongside a screengrab of the listing. "Mar-a-Lago sits on 17 acres, with waterfront on both sides."
NOW here is a comparable property:
Cosmetics heir William Lauder has listed two adjacent, empty Palm Beach parcels for an eye watering $200 million, The Wall Street Journal reported.
The parcels, which can be subdivided, total a little more than 2.3 acres and have about 360 feet of beachfront, the listing says.
This is the asking price per acre of the 2.3 acres or $86,956,521 per acre.Estee Lauder Heir Lists Palm Beach Lots for Record $200M
Cosmetics heir William Lauder has listed beachfront properties at 1063 and 1071 North Ocean Boulevard in Palm Beach for a record $200 milliontherealdeal.com
Mar-a-Largo that Trump valued at Mar-a-Lago's worth in a $364 million verdict.
So multiplying 17 acres of Mar-a-Lago times $86,956,521 per acre means $1,478,260,869 for dummies like Cellblock2429... that is $1.478 BILLION!
So again... truly dumb people like Engoron wrote in his ruling.
The judge noted Trump valued Mar-a-Lago at between $426.5 million and $612 million,
which is 3 times less than what the market value of 17 acres as the above example shows.
How dumb!
It's a white elephant.
If El Paso needs money its because of illegal aliens overloading the systemDoesn't matter if he's running for office or not.
He's still cheated 14 cities where he held rallies since 2019.
EL Paso is owed over $500,000. That's why they have a budget shortfall
/——/ That’s a beautiful home, hope nothing happens to it once NY steals it. Gas explosions happen. Just sayin’OK... tell me something... are you a real estate appraiser because here are what market appraisers considerations are:
Deutsche bank required Trump put up this property the Miami-area resort and Wabash Ave skyscraper as collateral.
Let's look at the Miami-area property known as Mar-a-Largo.
Valued by a New York judge ruled last week that former President Donald Trump inflated the value of his Mar-a-Lago estate by an eye-popping 2,300%.
From 2011-2021, the Palm Beach County Assessor appraised the market value of Mar-a-Lago at between $18 million and $27.6 million,” Engoron wrote in his ruling.
The judge noted Trump valued Mar-a-Lago at between $426.5 million and $612 million, “an overvaluation of at least 2,300%, compared to the assessor’s appraisal.”
To those of you that understand this distinction that Engoron is totally as a well known Democrat very very ignorant of and he is a JUDGE!
But it’s widely known that the tax assessor valuation is typically, though not always, less than what a property would command on the open market.
In other words, it’s not an apples-to-apples comparison.
These experts point this out folks... NOT me I'm not an expert... I just find the truth!
“Appraisal values and market values are just not the same thing. It’s a well-known fact,” said Eli Beracha, chair of the school of real estate at Florida International University.
“That’s especially true for properties that are unique. And it’s very easy to argue this is a unique property."
Dina Goldentayer, executive director of sales at Douglas Elliman in South Florida, said in her experience in the ultra-luxury marketplace the tax assessor’s valuation isn’t considered when trying to value a property.
He wouldn’t make a very good realtor,” Goldentayer said of the judge.
“It’s so widely known that it’s not an accurate determination of market value.”
Now here is the proof via an example:
" A nearby vacant lot (2.3 acres) is for sale on Zillow for $200 million," John LeFevre, a former investment banker who created the Goldman Sachs Elevator social media account, wrote alongside a screengrab of the listing. "Mar-a-Lago sits on 17 acres, with waterfront on both sides."
NOW here is a comparable property:
Cosmetics heir William Lauder has listed two adjacent, empty Palm Beach parcels for an eye watering $200 million, The Wall Street Journal reported.
The parcels, which can be subdivided, total a little more than 2.3 acres and have about 360 feet of beachfront, the listing says.
This is the asking price per acre of the 2.3 acres or $86,956,521 per acre.Estee Lauder Heir Lists Palm Beach Lots for Record $200M
Cosmetics heir William Lauder has listed beachfront properties at 1063 and 1071 North Ocean Boulevard in Palm Beach for a record $200 milliontherealdeal.com
Mar-a-Largo that Trump valued at Mar-a-Lago's worth in a $364 million verdict.
So multiplying 17 acres of Mar-a-Lago times $86,956,521 per acre means $1,478,260,869 for dummies like Cellblock2429... that is $1.478 BILLION!
So again... truly dumb people like Engoron wrote in his ruling.
The judge noted Trump valued Mar-a-Lago at between $426.5 million and $612 million,
which is 3 times less than what the market value of 17 acres as the above example shows.
How dumb!
If El Paso needs money its because of illegal aliens overloading the system
