Breaking! New York AG Letitia James Caught On Video Saying Judge Engoron Found Donald Trump Guilty “Before This Trial Even Began” (VIDEO)

[mudwhistle]

No it's not, don't know what case you are referring to.

This is the case where the Judge mentioned that MAL has an assessed tax value of $18M in 2011 (true) and an assessed tax value of $27.6M in 2021 (also true). He did not claim those values were the "worth" of MAL.

WW

Horse Dung.

The property was worth more than $18 million in the 70s. Trump bought it for $10 million but it was in disrepair. So he did improvements on the property, plus he turned it into a golf club where members pay $500k/yr to generate cash flow as much as $250 million/yr.
A much smaller property in Palm Beach once owned by the Kennedy dynasty went for $70 million 3 years ago.

The tax value is $30 million only because golf clubs are rarely sold or built making it impossible for them to tax at current rates because there are no properties similar in the area. The pedo judge wants to treat Trump's estate like it's a home, not a golf club. The fact that it's a golf/social club raises the value of the property.

 

[WorldWatcher]

Horse Dung.

The property was worth more than $18 million in the 70s. Trump bought it for $10 million but it was in disrepair. So he did improvements on the property, plus he turned it into a golf club where members pay $500k/yr to generate cash flow as much as $250 million/yr.
A much smaller property in Palm Beach once owned by the Kennedy dynasty went for $70 million 3 years ago.

You seem to be confusing "worth" or "market value" with what the poster said. He said the Judge said MAL was "worth" $18M, that is not the case.

The Judge didn't say that MAL was "worth" $18M, the Judge noted that the tax assessment was $18M in 2011 (not present day) and $27.6M in 2021.

It's in the court document.

The tax value is $30 million only because golf clubs are rarely sold or built making it impossible for them to tax at current rates because there are no properties similar in the area. The pedo judge wants to treat Trump's estate like it's a home, not a golf club. The fact that it's a golf/social club raises the value of the property.

Actually the deed limitations on MAL would reduce the market value because it is a

• commercial property, (residential in that area has a higher value),
• Deed limited and can't be broken into smaller properties,
• Deed limited and can't have major changes,
• Deed limited as a state and national historic site so changes have to be approved.

(And before you ask, those are also in the court document previously linked if you want to check.)

WW

 

[mudwhistle]

You seem to be confusing "worth" or "market value" with what the poster said. He said the Judge said MAL was "worth" $18M, that is not the case.

The Judge didn't say that MAL was "worth" $18M, the Judge noted that the tax assessment was $18M in 2011 (not present day) and $27.6M in 2021.

It's in the court document.



Actually the deed limitations on MAL would reduce the market value because it is a

• commercial property, (residential in that area has a higher value),
• Deed limited and can't be broken into smaller properties,
• Deed limited and can't have major changes,
• Deed limited as a state and national historic site so changes have to be approved.

(And before you ask, those are also in the court document previously linked if you want to check.)

WW

The court document is clearly the pedo judges opinion......and isn't law. It's just what the judge is basing his decisions off of. The whole thing can be rendered nothing more than a pile of rubbish and struck down or overturned by a higher court if they find most of his findings to be unethical, erroneous, prejudicial, or shows misconduct unfitting a officer of the law.
And anyone who's sold real estate knows that commercial property is usually much more valuable or expensive than residential property.

And I'm not confusing anything.

 

[IM2]

Trump is a thug. And now he's caught up.

 

[WorldWatcher]

The court document is clearly the pedo judges opinion......

Opinion, ruling, that what decision of all judges are called.

and isn't law.

Correct, it is a legal determination of the law.

It's just what the judge is basing his decisions off of. The whole thing can be rendered nothing more than a pile of rubbish and struck down or overturned by a higher court if they find most of his findings to be unethical, erroneous, prejudicial, or shows misconduct unfitting a officer of the law.

While technically correct, Trump doesn't have a very good track record with appeals.

The other side of the coin is that if the appellate courts finds the ruling to be ethical, accurate, non-prejudicial, or shows a high degree of competence, patience and understanding of the law they will likely complement is legal acumen.

And anyone who's sold real estate knows that commercial property is usually much more valuable or expensive than residential property.

We aren't talking about "anyone".

We are talking a very specific piece of property in one of the most expensive areas for residential property acquisition. Something that MAL is deed limited never to be.

WW

 

[Arlette]

So says you. Even the judge says that the statute of limitations has expired.....and he says he's allowing it anyway.

To establish a pattern of behavior. Perfectly legal

 

[mudwhistle]

Opinion, ruling, that what decision of all judges are called.



Correct, it is a legal determination of the law.


While technically correct, Trump doesn't have a very good track record with appeals.

The other side of the coin is that if the appellate courts finds the ruling to be ethical, accurate, non-prejudicial, or shows a high degree of competence, patience and understanding of the law they will likely complement is legal acumen.



We aren't talking about "anyone".

We are talking a very specific piece of property in one of the most expensive areas for residential property acquisition. Something that MAL is deed limited never to be.

WW

• A legal determination of the law that can be overturned
• Trump hasn't been attacked by lawfare before either, so the tactics we're seeing is according to legal experts extremely novel tactics being used and may not fly upon appeal
• Unfortunately the judge himself is a problem for the case because not only has his conduct during the trial been unethical and prejudicial, but in some experts opinions, shows misconduct
• Anyone meaning someone who has studied real estate and practiced real estate after passing a state exam, or someone who has been involved in real estate financing particularly loan-origination, loan processing or property appraisal
• The very specific piece of property that actually raises the value of the properties around it because it is a National Historical Landmark

According to financial disclosure forms filed by Trump, the Mar-a-Lago Club had $29.7 million in gross revenues in the period June 2015 through May 2016.[38] The club had revenues of $25.1 million for calendar year 2017, $22 million in 2018, and $21.4 million in 2019.[39][40]

In 2022, Forbes estimated the value of the estate at around $350 million.[27] Forbes said that 'Real estate experts outside of Palm Beach guessed that the place was worth more than $200 million. Brokers on the island thought it could be worth far more, with the most aggressive estimate coming in at $725 million. When Forbes last valued the property in March, we went with a conservative $350 million.' In a 2022 lawsuit filed by New York Attorney General Letitia James, it was alleged that Trump inflated the value of Mar-a-Lago to $739 million, when the property should actually be valued at $75 million

Mar-a-Lago - Wikipedia

en.wikipedia.org

 

[mudwhistle]

Opinion, ruling, that what decision of all judges are called.



Correct, it is a legal determination of the law.


While technically correct, Trump doesn't have a very good track record with appeals.

The other side of the coin is that if the appellate courts finds the ruling to be ethical, accurate, non-prejudicial, or shows a high degree of competence, patience and understanding of the law they will likely complement is legal acumen.



We aren't talking about "anyone".

We are talking a very specific piece of property in one of the most expensive areas for residential property acquisition. Something that MAL is deed limited never to be.

WW

PALM BEACH — Not far from Donald Trump’s Mar-a-Lago compound in Palm Beach, cosmetics heir William Lauder bought the estate of the late conservative talk show host Rush Limbaugh for $155 million.


Elsewhere around the island this year, luxury auto sales mogul Michael Cantanucci bought a mansion on North County Road for $170 million. And fashion designer Tommy Hilfiger sold a 6,500-square-foot home built in 1927 on South Ocean Boulevard for $41.4 million.


So why did a New York State judge last Tuesday place Mar-a-Lago’s value in a range of $18 million to $27.6 million?


Those figures, based on an assessment by the Palm Beach County Property Appraiser, arose after New York State Attorney General Letitia James sued former President Trump, his Trump Organization and three family members alleging they overvalued assets and exaggerated his net worth while securing loans and insurance while building his real estate empire.


The use of those numbers by New York State Supreme Court Justice Arthur Engoron stunned real estate professionals who either deal in or help manage some of the priciest estates and mansions that occupy the island haven for the rich and famous. The judge last Tuesday concluded Trump had committed business fraud against banks and insurers and ordered various business licenses in the state of New York rescinded.


“The value of $18 million to me is way off the mark,” said Billy Nash, founder of Nash Luxury at Illustrated Properties, a division of The Keyes Co.


“At the end of the day the market dictates value,” he said. “If you had that property on the market for $18 million, there would be 100 people lined up to buy it. And it’s an historical landmark. I would put it in the category of a Henry Flagler estate.”

Flagler, the railroad baron and development pioneer, extended his Florida East Coast Railway line to South Florida in the early 1900s. Socialite Marjorie Merriweather Post built Mar-a-Lago between 1924 and 1927. The estate, whose name means “Sea to Lake” in Spanish for its location between the Atlantic Ocean and Lake Worth, cost $7 million to construct or roughly $90 million in modern-day dollars, according to Smithsonian Magazine.


The valuation dispute is the latest controversy involving the estate, which was the scene of an FBI raid in connection with the U.S. Government’s criminal case against Trump over his alleged illegal retention of classified documents.

“The market is screaming over this because it’s obviously incorrect,” Nash said of the judge’s ruling. “People in real estate are scratching their heads: How do you come up with this number? There is a lack of supply that continues on the island. It is a sought-after destination by people from all over the world.”


Mendy Katz, founder of Monarch Estate Services of Greenwich, Conn., which helps owners manage their luxury properties in the Northeast, Florida and elsewhere, said the market dictates value. The demand for homes in Palm Beach, he said, remains high.


“Clearly supply and demand is what drives up the price,” he said. ”The assessor will determine what the taxes cost. That has nothing to do with the actual value of the property.”


Ken Johnson, a real estate economist at the Florida Atlantic University College of Business, said it’s a difficult task assigning values to the behemoth trophy properties of Palm Beach.


“If you take the name out of it and this was someone else in Palm Beach, it’s very hard to assess value there because these are very unique properties,” he said. “They don’t trade very often.”

What’s the real value of Trump’s historic Mar-a-Lago estate?

A judge cited Palm Beach County property appraiser assessments of $18 million to $27.6 million between 2011 and 2021, rejecting the conclusion of a local real estate broker who put it at $1.2 billi…

www.ocregister.com

 

[Nostra]

Which is against the law and in the court case.

What law?

 

[Nostra]

Keep crying. It's very touching.

You are touched, I will give you that.

 

[Nostra]

You seem to be confusing "worth" or "market value" with what the poster said. He said the Judge said MAL was "worth" $18M, that is not the case.

The Judge didn't say that MAL was "worth" $18M, the Judge noted that the tax assessment was $18M in 2011 (not present day) and $27.6M in 2021.

It's in the court document.



Actually the deed limitations on MAL would reduce the market value because it is a

• commercial property, (residential in that area has a higher value),
• Deed limited and can't be broken into smaller properties,
• Deed limited and can't have major changes,
• Deed limited as a state and national historic site so changes have to be approved.

(And before you ask, those are also in the court document previously linked if you want to check.)

WW

So the tax assessor didn’t take the value Trump said it was worth?

Kinda blows the entire case out of the water, huh?

 

[Jarlaxle]

Horse Dung.

The property was worth more than $18 million in the 70s. Trump bought it for $10 million but it was in disrepair. So he did improvements on the property, plus he turned it into a golf club where members pay $500k/yr to generate cash flow as much as $250 million/yr.
A much smaller property in Palm Beach once owned by the Kennedy dynasty went for $70 million 3 years ago.

The tax value is $30 million only because golf clubs are rarely sold or built making it impossible for them to tax at current rates because there are no properties similar in the area. The pedo judge wants to treat Trump's estate like it's a home, not a golf club. The fact that it's a golf/social club raises the value of the property.

Directly from an attorney specializing in Florida real estate, Mar-A-Lago "might be a ten-figure property."

 

[Arlette]

PALM BEACH — Not far from Donald Trump’s Mar-a-Lago compound in Palm Beach, cosmetics heir William Lauder bought the estate of the late conservative talk show host Rush Limbaugh for $155 million.


Elsewhere around the island this year, luxury auto sales mogul Michael Cantanucci bought a mansion on North County Road for $170 million. And fashion designer Tommy Hilfiger sold a 6,500-square-foot home built in 1927 on South Ocean Boulevard for $41.4 million.


So why did a New York State judge last Tuesday place Mar-a-Lago’s value in a range of $18 million to $27.6 million?


Those figures, based on an assessment by the Palm Beach County Property Appraiser, arose after New York State Attorney General Letitia James sued former President Trump, his Trump Organization and three family members alleging they overvalued assets and exaggerated his net worth while securing loans and insurance while building his real estate empire.


The use of those numbers by New York State Supreme Court Justice Arthur Engoron stunned real estate professionals who either deal in or help manage some of the priciest estates and mansions that occupy the island haven for the rich and famous. The judge last Tuesday concluded Trump had committed business fraud against banks and insurers and ordered various business licenses in the state of New York rescinded.


“The value of $18 million to me is way off the mark,” said Billy Nash, founder of Nash Luxury at Illustrated Properties, a division of The Keyes Co.


“At the end of the day the market dictates value,” he said. “If you had that property on the market for $18 million, there would be 100 people lined up to buy it. And it’s an historical landmark. I would put it in the category of a Henry Flagler estate.”

Flagler, the railroad baron and development pioneer, extended his Florida East Coast Railway line to South Florida in the early 1900s. Socialite Marjorie Merriweather Post built Mar-a-Lago between 1924 and 1927. The estate, whose name means “Sea to Lake” in Spanish for its location between the Atlantic Ocean and Lake Worth, cost $7 million to construct or roughly $90 million in modern-day dollars, according to Smithsonian Magazine.


The valuation dispute is the latest controversy involving the estate, which was the scene of an FBI raid in connection with the U.S. Government’s criminal case against Trump over his alleged illegal retention of classified documents.

“The market is screaming over this because it’s obviously incorrect,” Nash said of the judge’s ruling. “People in real estate are scratching their heads: How do you come up with this number? There is a lack of supply that continues on the island. It is a sought-after destination by people from all over the world.”


Mendy Katz, founder of Monarch Estate Services of Greenwich, Conn., which helps owners manage their luxury properties in the Northeast, Florida and elsewhere, said the market dictates value. The demand for homes in Palm Beach, he said, remains high.


“Clearly supply and demand is what drives up the price,” he said. ”The assessor will determine what the taxes cost. That has nothing to do with the actual value of the property.”


Ken Johnson, a real estate economist at the Florida Atlantic University College of Business, said it’s a difficult task assigning values to the behemoth trophy properties of Palm Beach.


“If you take the name out of it and this was someone else in Palm Beach, it’s very hard to assess value there because these are very unique properties,” he said. “They don’t trade very often.”

What’s the real value of Trump’s historic Mar-a-Lago estate?

A judge cited Palm Beach County property appraiser assessments of $18 million to $27.6 million between 2011 and 2021, rejecting the conclusion of a local real estate broker who put it at $1.2 billi…

www.ocregister.com

Is Trump still collecting membership fees? Yes he is. That makes Mar A Lago restricted property.

 

[mudwhistle]

Directly from an attorney specializing in Florida real estate, Mar-A-Lago "might be a ten-figure property."

 

[bigrebnc1775]

This thread is classic. It sums up the cult nicely.

Yes and you are in the democrat cult.

 

[Father O'Blivion]

Yes and you are in the democrat cult.

Sure.

Some misinformed poster starts this "breaking news" thread clutching his/her pearls about something that has happened weeks ago. They don't even understand how this trial works, but still find a way to ignorantly whine about wrongdoing that doesn't even exist, and the cultists bark like trained seals in agreement without even bothering to check the story.

 

[Independentthinker]

Pay attention

Trump WAS found guilty before the trial even began.
This is the penalty phase to assess damages

LOL. Do you even know how ridiculous that sounds? A trial is supposed to find someone guilty or innocent. Finding someone guilty before the trial shows an obvious bias and abuse of justice for political purposes.

 

[Harpy Eagle]

LOL. Do you even know how ridiculous that sounds? A trial is supposed to find someone guilty or innocent. Finding someone guilty before the trial shows an obvious bias and abuse of justice for political purposes.

It is called a Summary judgment, they are rather common in the US and in this case both sides agreed to the Summary Judgment being issued, prior to it being done so.

​

 

[Father O'Blivion]

LOL. Do you even know how ridiculous that sounds? A trial is supposed to find someone guilty or innocent. Finding someone guilty before the trial shows an obvious bias and abuse of justice for political purposes.

You don't have a clue what a summery judgement is and how it came to pass in this case.

 

[Harpy Eagle]

You don't have clue what a summery judgement is and how it came to pass in this case.

IT knows what his party overlords told him to know, nothing more.

There is no bigger Trump sycophant on the board than him.