kemmer wrote:
Trump’s said his Mar a Lago is worth $1-2 billion: the Palm Beach county assessor said it is worth $600-700million.
The assessors office in Palm Beach County always undervalues.
I lived in Palm Beach on Sunrise Avenue 3.2 miles from Mar a Lago. for over ten years.
Donald Trump’s “breathtaking” Mar-a-Lago abode was worth over $1 billion the year he left the White House, a luxury Palm Beach real estate broker with decades-old ties to the former president told a Manhattan judge Tuesday.
Lawrence Moens — who said anyone from Elon Musk to Bill Gates to “kings, emperors, heads of state” would drop a billion dollars to buy Trump’s beloved Florida resort in his summer deposition — took the stand as one of the final witnesses for the defense at Trump’s civil fraud trial over strenuous objections from lawyers for the state.
“I work very hard to sell rich people property in Palm Beach,” testified Moens, a Mar-a-Lago member.
“I’m on the front lines every day of selling properties, and I have a pretty good handle on what’s happening in the market.”
Trump, under a limited gag order for his online eruptions about the trial, has been particularly incensed over the depiction of his Florida home/private members club and scene of his alleged crimes in the classified documents case, saying he has, in fact, undervalued it, contrary to the judge and the AG’s findings.
It’s one of several properties central to the lawsuit, with most in New York.
When he took the stand, he lambasted Judge Arthur Engoron’s pretrial ruling determining he and his sons and top executives deceived banks and lenders about his net worth to profit illegally in business deals.
The ruling accepted AG Tish James’ findings that Mar-a-Lago couldn’t be valued as a private home.
https://www.nydailynews.com/2023/12/05/palm-beach-real-estate-broker-testifies-trumps-mar-a-lago-worth-1b-at-fraud-trial/