Zoning. No it’s not.
Comment on Trump unable to pay $464m bond in New York fraud case, his lawyers say
Wiggle_Hard@hilariouschaos.com 6 months ago
Can we talk about how they rated mar lago only with 20 million when it’s worth much more?
Kayel@aussie.zone 6 months ago
Wiggle_Hard@hilariouschaos.com 6 months ago
I only read the headlines but i def need to look more into it, but south beach is expensive AF
mars296@fedia.io 6 months ago
It's not in South Beach. It's 70 miles north of South Beach. It's in an expensive areas but not South Beach.
BrikoX@lemmy.zip 6 months ago
Palm Beach County assessor had appraised Mar-a-Lago’s market value to be between $18 million and $27.6 million
Source newsweek.com/how-much-mar-lago-worth-donald-trump…
And it has a permanent deed restriction to remain a club, it can’t be developed or turned into a single-family estate.
Wiggle_Hard@hilariouschaos.com 6 months ago
The real question i have is fraud charges penalty of +400 million dollars if no one is owed money and none of the banks filed complaints, I’m not saying this as a gotcha, i genuinely don’t follow liberal media or the case
BrikoX@lemmy.zip 6 months ago
Have you read the actual case? The judge explains the reasoning and applicable law. And judgment is more complicated than 400+ millions, refer to the order. The order is on page 91 to 92. See documentcloud.org/…/24432595-trump-civil-trial-de…
Wiggle_Hard@hilariouschaos.com 6 months ago
I haven’t, legal language isn’t my stopping suit
OneStepAhead@lemmynsfw.com 6 months ago
It’s not. The stable genius placed a deed restriction on it, essentially locking anyone who would buy it out of a lot of options. You can’t live there (legally) you can’t treat it down and rebuild, and it has to be maintained essentially as is. That cuts the value by a massive amount.