This is the creepiest, dirtiest group of people I've ever seen. Kushner is a total crook and Ivanka imagined herself to succeed her father as president! She's about as qualified for a high position as Amy Coney Barrett. I want Judges Kaplan and Engoron to force Trump into a lien on Mar-a-Lago. Then watch this tawdry abuser and bully disintegrate. As a woman, I am incensed beyond anything I can describe.
Question for you, what part of Sexual Assault, Slander/ Defamation, Fraud,Payment of hush money, Insurrection, Document Theft,Vote Fraud and Vote Tampering, why do women in South Carolina,Why do they stand by him, Trump is their man.
Blind? Uninformed? Cannot distinguish between right and wrong, unable to find a moral compass?
If I write anything for Substack it will be an article trying to understand how can this possibly happen
They stand by him because he is there one Great White Hope of hanging on to their white privilege. I'm FROM South Carolina, and I think part of it is the male-female dynamic, too. But it's 99.44% pure racism.
Well, that's so, isn't it! He stiffs everybody. What we do know is that Judge Kaplan made him deposit the $5 from the assault conviction in escrow pending appeal. He may do this again, meaning, as Dean O. says, that he's not going to have enough money to run a campaign. This becomes even truer if Judge Engoron fines him the whole $370 AG Leticia James wants to get for on the corporate fraud--as well as having the judge throw in the ability for the court to essentially put a lien on Mar-a-Lago. At the point this happens, Donsy's ego starts to really unravel. So far, he's been able to hold onto his ego symbols--MAGA, wins in the primaries, etc. But (un)Truth Social is tanking, he's lost now $88.3 (in the two levies) to E. Jean. He will lost likely at least $300 in the NY fraud case. And he will likely lose Mar-a-Lago on account of that. How Mar-a-Lago goes, so Trump's ego goes, because Mar-a-Lago is old money status, not this crass nouveau riche white trash flash Trump Tower is. He's going to start crackling, but as he does, he'll get meaner and meaner and meaner. The whole Congress is scared to death of him now. Mitt Romney's book is excellent for showing this. A wounded palm crab is even worse than a healthy one.
Very good Analysis, but couldn't the Judge move on the verdict and the award, and demand? That collateral be put up pending his appeal ( of course)
As you can tell im not a lawyer, his history of stiffing everybody, hoping to get off , could a judge not use that to issue a placeholder. There is a judgement.?
I think he could. Trump may be able to come up with the other $83.33 million to put in escrow. But I do not think he can cash out another $370 million to escrow when Engoron rips his head off. He'll appeal, but Engoron really may do it for that much, and he can force Trump to put Mar-a-Lago in trust against escrow amounts. Ya know?
The process of collecting on the judgement will be challenging. Mar-A-Lago is not worth $88.33 million by any rational standard other than TFG’s made up valuation. Foreclosing on a lien for $88M will likely result in receiving a much lower amount. But, before a sale, eviction of TFG and the other “members” will likely be difficult. Other assets may be easier to liquidify. In any event, the collection process will be entertaining.
Forbes estimates that Mar-a-Lago is worth $350 million ... Palm Beach County assesses it for tax purposes at about $28 million. Uninvolved real estate agents value it at $200 million. Trump says it's worth $450 million to $1.5 billion. ... What's true? You can first throw out the Palm Beach county assessor's valuation. Tax assessments are extremely low in this area because they want to draw the super rich to maintain the mystique of the place--and will give outrageous tax breaks to get them. Next, Mar-a-Lago was owned by Marjorie Merriweather Post, heiress of the Post cereal fortune, and she was ultra royal American elite. Mar-a-Lago is one of those places, like the Biltmore Estates or Hearst Castle that has OLD MONEY prestige. Which is why Trump bought it. Trump's family is nouveau riche tacky white trash, and Trump wanted into the Big Game. He bought Mar-a-Lago almost at a fire sale in 1985 for $10 million ($28,500,000 now). Because it is now both famous and infamous, the Forbes estimate is probably in line with the truth at $350 million. Trump's claim was that Mar-a-Lago was worth $1 billion is at the heart of the NY fraud case. So, Mar-a-Lago WOULD cover the E. Jean levy for gross indency, lying, sexual assault and harassment, but he is SOL if NY decides to lien Mar-a-Lago for a $370 million fine by Engoron, if Leticia James gets what she wants.
The valuation challenge is it’s present Palm Beach allowed use restriction as a private club that was obtained by TFG. The City disallowed a boat dock for the club based on that restriction a few years ago and more than a few local owners are upset about the club use absolutely. If the use restriction is lifted and the property is returned to a single family residence (SFR) use the current valuation would likely be higher, but TFG would need to evict the “club members” and eliminate the “club” uses and features. How much higher would be based on the value of the existing improvements (which have been highly modified for use as a club), even in a historic sense, against the land as vacant for redevelopment as an SFR. I don’t know how Forbes approached their valuation and I read recently that one of the court cases allowed the value of the property to be considered as an SFR. Either way, in a contested foreclosure sale with a recalcitrant owner and potentially other adversarial “club members”, obtaining clear title free of occupants could be challenging. Also, less than a year ago, it was reported that TFG transferred title to his son, but it’s not clear in what capacity. Perhaps a court can claw back the ownership change if one did occur, but that would likely require a separate court fight in Florida.
So, which cup the pea is under and how much it’s worth is a bit of a mystery at the moment. For what it’s worth, my background includes 55 years of private and institutional real estate fiduciary, advisory, brokerage transactional and development of complex properties across the country. My goal in this instance is not to be contentious and argue absolute values. I’m commiserating with Ms. Carroll and her plight of collection. TFG is a slippery snake and the collection process will not be easy no matter what the facts in Palm Beach turn out to be.
I NEVER think you're being contentious, just brilliant, so no worries there! Meanwhile, this is GREAT information. He transferred title to his son???? Wow! ... And I completely agree that E. Jean could have a hard time getting paid, but I hope not. ... Andrew Weissman (MSNBC) said his mother called him up and had one question after the verdict: "When does she get the cash?" ... Well, after two appeals, and, as you say, maybe a long time, maybe never.
Wow. What a tangled web we weave....
Thanks for some expertise on this subject.
I wonder if anyone has even considered the daughter and son in law's TWO BILLION, windfall from the Saudi's? Would cover his costs easily.
This is the creepiest, dirtiest group of people I've ever seen. Kushner is a total crook and Ivanka imagined herself to succeed her father as president! She's about as qualified for a high position as Amy Coney Barrett. I want Judges Kaplan and Engoron to force Trump into a lien on Mar-a-Lago. Then watch this tawdry abuser and bully disintegrate. As a woman, I am incensed beyond anything I can describe.
I Agree Wholeheartedly.
Question for you, what part of Sexual Assault, Slander/ Defamation, Fraud,Payment of hush money, Insurrection, Document Theft,Vote Fraud and Vote Tampering, why do women in South Carolina,Why do they stand by him, Trump is their man.
Blind? Uninformed? Cannot distinguish between right and wrong, unable to find a moral compass?
If I write anything for Substack it will be an article trying to understand how can this possibly happen
They stand by him because he is there one Great White Hope of hanging on to their white privilege. I'm FROM South Carolina, and I think part of it is the male-female dynamic, too. But it's 99.44% pure racism.
Good Luck Collecting
That's another art that he has perfected.
Well, that's so, isn't it! He stiffs everybody. What we do know is that Judge Kaplan made him deposit the $5 from the assault conviction in escrow pending appeal. He may do this again, meaning, as Dean O. says, that he's not going to have enough money to run a campaign. This becomes even truer if Judge Engoron fines him the whole $370 AG Leticia James wants to get for on the corporate fraud--as well as having the judge throw in the ability for the court to essentially put a lien on Mar-a-Lago. At the point this happens, Donsy's ego starts to really unravel. So far, he's been able to hold onto his ego symbols--MAGA, wins in the primaries, etc. But (un)Truth Social is tanking, he's lost now $88.3 (in the two levies) to E. Jean. He will lost likely at least $300 in the NY fraud case. And he will likely lose Mar-a-Lago on account of that. How Mar-a-Lago goes, so Trump's ego goes, because Mar-a-Lago is old money status, not this crass nouveau riche white trash flash Trump Tower is. He's going to start crackling, but as he does, he'll get meaner and meaner and meaner. The whole Congress is scared to death of him now. Mitt Romney's book is excellent for showing this. A wounded palm crab is even worse than a healthy one.
Very good Analysis, but couldn't the Judge move on the verdict and the award, and demand? That collateral be put up pending his appeal ( of course)
As you can tell im not a lawyer, his history of stiffing everybody, hoping to get off , could a judge not use that to issue a placeholder. There is a judgement.?
I think he could. Trump may be able to come up with the other $83.33 million to put in escrow. But I do not think he can cash out another $370 million to escrow when Engoron rips his head off. He'll appeal, but Engoron really may do it for that much, and he can force Trump to put Mar-a-Lago in trust against escrow amounts. Ya know?
The process of collecting on the judgement will be challenging. Mar-A-Lago is not worth $88.33 million by any rational standard other than TFG’s made up valuation. Foreclosing on a lien for $88M will likely result in receiving a much lower amount. But, before a sale, eviction of TFG and the other “members” will likely be difficult. Other assets may be easier to liquidify. In any event, the collection process will be entertaining.
Forbes estimates that Mar-a-Lago is worth $350 million ... Palm Beach County assesses it for tax purposes at about $28 million. Uninvolved real estate agents value it at $200 million. Trump says it's worth $450 million to $1.5 billion. ... What's true? You can first throw out the Palm Beach county assessor's valuation. Tax assessments are extremely low in this area because they want to draw the super rich to maintain the mystique of the place--and will give outrageous tax breaks to get them. Next, Mar-a-Lago was owned by Marjorie Merriweather Post, heiress of the Post cereal fortune, and she was ultra royal American elite. Mar-a-Lago is one of those places, like the Biltmore Estates or Hearst Castle that has OLD MONEY prestige. Which is why Trump bought it. Trump's family is nouveau riche tacky white trash, and Trump wanted into the Big Game. He bought Mar-a-Lago almost at a fire sale in 1985 for $10 million ($28,500,000 now). Because it is now both famous and infamous, the Forbes estimate is probably in line with the truth at $350 million. Trump's claim was that Mar-a-Lago was worth $1 billion is at the heart of the NY fraud case. So, Mar-a-Lago WOULD cover the E. Jean levy for gross indency, lying, sexual assault and harassment, but he is SOL if NY decides to lien Mar-a-Lago for a $370 million fine by Engoron, if Leticia James gets what she wants.
The valuation challenge is it’s present Palm Beach allowed use restriction as a private club that was obtained by TFG. The City disallowed a boat dock for the club based on that restriction a few years ago and more than a few local owners are upset about the club use absolutely. If the use restriction is lifted and the property is returned to a single family residence (SFR) use the current valuation would likely be higher, but TFG would need to evict the “club members” and eliminate the “club” uses and features. How much higher would be based on the value of the existing improvements (which have been highly modified for use as a club), even in a historic sense, against the land as vacant for redevelopment as an SFR. I don’t know how Forbes approached their valuation and I read recently that one of the court cases allowed the value of the property to be considered as an SFR. Either way, in a contested foreclosure sale with a recalcitrant owner and potentially other adversarial “club members”, obtaining clear title free of occupants could be challenging. Also, less than a year ago, it was reported that TFG transferred title to his son, but it’s not clear in what capacity. Perhaps a court can claw back the ownership change if one did occur, but that would likely require a separate court fight in Florida.
So, which cup the pea is under and how much it’s worth is a bit of a mystery at the moment. For what it’s worth, my background includes 55 years of private and institutional real estate fiduciary, advisory, brokerage transactional and development of complex properties across the country. My goal in this instance is not to be contentious and argue absolute values. I’m commiserating with Ms. Carroll and her plight of collection. TFG is a slippery snake and the collection process will not be easy no matter what the facts in Palm Beach turn out to be.
I NEVER think you're being contentious, just brilliant, so no worries there! Meanwhile, this is GREAT information. He transferred title to his son???? Wow! ... And I completely agree that E. Jean could have a hard time getting paid, but I hope not. ... Andrew Weissman (MSNBC) said his mother called him up and had one question after the verdict: "When does she get the cash?" ... Well, after two appeals, and, as you say, maybe a long time, maybe never.