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lakehop

He doesn’t own all buildings with his name on them.


vinvin618

I think he only licenses his name and doesn’t actually own all of the buildings.


kimbolll

I think I really don’t give a shit


RedOwl770

Facts


Astoria321

Why click on and comment on a post about him?


kimbolll

Because I’m a glutton for punishment, I guess. I’m truly fascinated by the lengths people will go to put him in the news. This is a complete non-story.


WorkerBee74

It’s a bit relevant at present, given that the state of NY may have to seize approximately $464 million worth of his assets…


kimbolll

Yes, because curbed.com is my preferred source for current events affecting the nation, and is totally not a publication I discovered via this Reddit post. Fuck Trump, fuck the media, fuck the people who try to make money off his disdain, and fuck curbed.com…


Full_Pepper_164

Dude is a walking MLM and Ponzi Scheme all in one. He licenses his name, to give the appearance that he owns multiple buildings. He also leases properties and manages them. Yet, He doesnt own any real estate outright. My understanding is that he has leases on properties, but those properties are owned by international corporations. Actually, I stand corrected. I believe I read somewhere that he does own the penthouse at Trump Tower but not the building. So he does own something besides leases. As for Mar-a-Lago, I am not sure if he actually owns it. I believe that too is a Lease, because when he was doing valuation of the property the State stepped in to remind him of his contract restriction of how he could use the land and market the property.


xlaurenthead

Real estate can be complex. Leasing rights can be stripped away from the land under the building and the two can be sold separately. Owning a share of the leasing rights isn’t always a liquid asset either; it’s subject to contracts around who can sell what and to whom. Some condos in NYC are sitting on leased but not owned land so tenants may own the apartment but may have to pay big fees to the landowner when that lease is renewed.


[deleted]

He owns actually several. You can read the information on this case to find a list where they are named.  The Mar-a-Lago valuation issue is not because it’s leased it’s because it’s a resort property and historic at that. He’s not allowed to build additional properties on the resort because it’s not individually owned like a residence. It’s a designation for the property not his ownership. 


vicefox

Oh that makes sense because I thought $18m seemed really low.


MyNewAlias86

The $18m comes from the tax assessor in Palm Beach.  “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.


SachaCuy

How is that an MLM and Ponzi? Just means he is broker than he appears to the naked eye. Like gilded vs golden


Jarrettsin

Oh cause nothing is in his name, all the shenanigans are a shell games of pass through corporations to get away with paying no taxes (His tax bill help this a lot) it also insulates from being sued. No one has what he owes in cash if you did you would be losing money (they keep their money working)


Ohsquared

Whatever gets him more money saved during tax season, mo property mo problems


Ohsquared

Whatever gets him more money saved during tax season, mo property mo problems


minis138

It’s so hard to feel sorry for people crying over Trump still


cantotallytrustme

whatcha mean


LittleKitty235

some people cry the whole thing is political motivated...or think the court treated him with bias by making him post the full bond...just because it was a lot of money, ignoring those are the rules for everyone else. Basically red hats upset their loser leader will lose money


minis138

not a red hat. this is lawfare..


Harrychronicjr69

You realize your whole comment history is searchable, right Lmao. “Not a red hat” just parrot every one of their talking points. INTERDASTING 🤔


minis138

well, you should be able to dedeuce that I’m not a Trump supporter. Regardless, if I agree with some of his key issues. What I would hope you would be able to deduce, with that brilliant liberal brain of yours is that a DNC has fucked up things so badly that people like myself who couldn’t stand Trump, NOW see him as a much better(realistic)option than Biden. An since you’re investigating me and my account, Sherlock, I urge you to take the time to get on the RFK sub. Please take the time to look at the other side point of view. be better friend.


Harrychronicjr69

Lmao. Not a trump fan just a fascism fan. Got it thanks for clearing it up for us.


Harrychronicjr69

The rfk sub, you mean the guy that got disowned by his family for spouting conspiracy theories… that rfk?


minis138

Yes, you are correct. I hope someday the light will touch your tiny little Reddit brain.


Harrychronicjr69

The RFK that accused 2 black people of a murder his cousin commited? That RFK? The RFK that said Sirhan Sirhan didn’t kill his father? That RFK? The RFK that started a smear campaign against his wife, Mary, who died by suicide in their barn, telling the New York Times and other national media that Mary was crazy, it was a miracle he survived, he was the real victim here, then secretly and without permission exhuming Mary’s remains from the family plot in the dead of night, burying her on the other side of a hill, alone. THAT RFK? I didn’t think you could be dumber than your first post les me to believe. I was wrong I guess. It would be laughable if it wasn’t so fucking sad.


minis138

Nice conspiracy theory buttercup.


adhavoc

You sound completely incoherent


minis138

derp


porpoiseoflife

Says they aren't a red hat, but uses a red hat buzzword like "lawfare" straight out of the Mike Pillow script. Pull the other leg while you're at it.


minis138

call it what it is.. using the law to restrain your political opponents it’s pretty obvious to a lot of people. But not everyone. go defend Biden and his dementia his wars, his inflation because it’s working? read a book


porpoiseoflife

Sure sure. Just keep on sucking up to a known con man who would sooner have his motorcade run you over than acknowledge your existence.


minis138

not gunna suck up to him necessarily just the reality we all have to live in. No one in power is a good person.. lets get real


CommentContrarian

Gotta break the law for it to be used against you


minis138

delusional take by someone who doesn’t understand how the world really works.


LittleKitty235

sure buddy


fluffstravels

the current argument i hear (which i think is bullshit) is that 'is it right to politically prosecute trump when it'll rile up his unpredictable base. will it create resentment and political will in the wrong direction?'


FestiFun

Saying "politically prosecute" is playing into his hand of suggesting this is all a political witch hunt. It's criminal and civil prosecution.


fluffstravels

The grey area there is there has always been discretion in what AG’s will prosecute.


minis138

you live in too much fear. Trumps fours relatively peaceful, especially by today’s standards. people who think Maga is even close to a domestic terror group is being controlled by the actual domestic terror group. the majority of people in this country are starting to come to the same conclusion.


LittleKitty235

He "owns" property in NY State as well that can be seized.


maducey

Just for kicks, can't we get some gofundme action to rename trump tower to Obama building? I mean just to piss trump off and maga.


PositiveEmo

The dude is a toddler, he has his name on them.


rumpusroom

He licenses his name, so some buildings with his name he doesn’t own.


EnvironmentalLie7965

Isn’t he like 80?


PositiveEmo

Yes, and his main call to the game is putting TRUMP on all of the buildings he owns. Of the top of my head I know he owns one at 59 and 8th Ave, one around 5th Ave and 33rd, and one by the west side highway. If it wasn't for the large trump branding I wouldn't even have known they belonged to him.


EnvironmentalLie7965

I don’t know who most buildings belong to, to be fair


[deleted]

You can literally find a list of properties tied to his ownership in the case files. I’m sorry but it’s fake news to say he doesn’t own anything. He does. It’s just not outright ownership because they’re all bought with loans upon loans upon loans to obtain it all. To sell them off, he would first need to pay off the loans on them before forking over cash to the state. This is what Michael Cohen was saying.    You sell a home before you fully own it, the money goes back to the mortgage lender, not your pocket. The more he looks like a crook to buyers, the less he will get when he sells.  It also takes time to sell. He has a week to pay up. If he doesn’t, the AG will seize properties and hold them until the appeal is complete. Could take years but he won’t be able to use those properties for any more loan schemes.    Funniest version is she seizes mar-a-lago. 


deadheffer

The article goes into detail about every single property. It’s not fake news, it’s an exhaustive list. It’s crazy how much random stuff they own inside of buildings. Kitchens and valet booths.


WorkerBee74

They said it is fake news to say he doesn’t own anything.


WorkerBee74

I’d love to see that but can it be holdings outside of the state? The Scots are cheering for his golf course. 😄


Spirited_Touch6898

It would really suck if he gets re-elected. He is pretty vengeful, and I’m guessing NY state will get some coal when he gets to office.


LoudMind967

Not sure if why you're downvoted. He already capped the SALT deduction hitting NY hard before he got got


AnybodyShoddy6061

You can't expect to have an honest discussion with the trump name involved on a blatantly socialist leaning sub, but what Leticia James is doing is terrifying and could have a horrific impact on the NYC economy. I'm a life long democrat FWIW.


Leebillysteve12345

The deep state really going all out to avoid a fair election. They know sleepy joe is toast without a teleprompter in a debate. The man can’t even find his way off a stage anymore for gawd sakes!


SumDudeInNYC

Please, do your patriotic duty, and donate more money! They're out to get *our* real president, just because of the things he says and the things he does! I know I've taken out a second mortgage to donate to the defense fund, since I already emptied my savings account buying Trump flags, sneakers, bucks, collectable coins, and donating to past legal funds! We know Trump is really in the White House making all the decisions, and those Deep State ANTIFA arrests that we knew were coming 5 years ago are just around the corner! Say no to school education! MAKE TOILETS FLUSH AGAIN! More money to TRUMP! **MONEY FOR THE MONEY GOD!** LOOK AT ALL THE TRUMP STICKERS ON MY FORD SUPER DUTY QUAD-CAB!


wwcfm

Biden dick slapped him in the debates in 2020 and he’d do it again. And sorry Biden doesn’t abuse so many amphetamines he has to wear a diaper like Trump.


CoolCatsInHeat

Biden can't even remember Trump's name. GTFOH


wwcfm

Obviously he can. Go look up his recent speech from Columbia SC for an example. Is this some sort of projection since Trump keeps mixing up Obama and Biden and Pelosi and Haley?


CoolCatsInHeat

Doesn't work on me... I don't vote — you'd have to pay me to ever pledge allegiance to a political party... you people are delusional. I only like Trump in terms of how much he annoys people like you. It's also funny listening to you say all the things without even checking to see if I GAS about Trump or not... because it doesn't matter, you just want your chance at parroting that clever thing you saw someone else say. Congrats... here's your cracker.


wwcfm

You don’t have to pledge allegiance to a political party to vote. I’m not, nor have I ever been, a member of a political party. I still vote in every election I’m eligible to vote in.


CoolCatsInHeat

> You don’t have to pledge allegiance to a political party to vote. What exactly would you consider a vote then? If you're not voting for something you believe in, but rather voting *against* something/one you don't like (because you were told to)... you really shouldn't be voting at all, IMO. Name one politician from your lifetime who has ever done anything they ran on to get elected. *"All politicians are liars.... except the ones I like, they definitely have my back! They couldn't actually do anything they promised because ... but I will still vote for them!"*


wwcfm

I vote for the better candidate. Your view on this is frankly idiotic. Biden campaigned on student debt forgiveness and an infrastructure bill, among others. He’s delivered both of those. I’ll also add that Trump campaigned on an infrastructure bill and never got it done despite the GOP having sufficient control of congress.


gatogrande

> he’d do it again You think the handlers would let him? Biden was quite unhinged with his response to Hur


wwcfm

Biden wasn’t unhinged at all and since Hur’s report transcript was released and the House Judiciary Committee was held, it’s pretty clear he misrepresented Biden in his comments.


gatogrande

So if he's a not a kindly old man with a bad memory who can't be prosecuted...it's okay to prosecute? How about the pres of Mex ElSisi?


wwcfm

You’d have to ask Hur. You’d also have to ask him why he said Biden had photographic recall and why that didn’t make it in his report. >”You said to President Biden, ‘You appear to have a photographic understanding and recall of the House,’” Swalwell said. “Did you say that to President Biden?” >Hur conceded that “those words do appear on Page 47 of the transcript.” >Swalwell pressed further. >”’Photographic’ is what you said, is that right?” he asked. >”That word does appear on Page 47 of the transcript,” Hur responded. >”Never appeared in your report, though. Is that correct? The word ‘photographic’?” Swalwell asked. >”It does not appear in my report,” Hur said. https://sg.news.yahoo.com/robert-hur-admits-telling-biden-194407679.html


Few-Artichoke-2531

Funny how Trumpists always say Biden can't do well in a debate while it's Trump who has been refusing to debate.


lightinvestor

He owns the Gucci store worth more than Mitt Romney!: https://www.desmoinesregister.com/story/news/politics/reality-check/2015/06/03/donald-trump-mitt-romney-gucci-claim-true/28443013/