Quote (NetflixAdaptationWidow @ Sep 28 2023 11:01pm)
A few is 2 or 3. Not 4 to 6.
The highest estimate I can find anybody giving it is 300M. That's the HIGHEST anybody is willing to say its worth. So even if we assume everything in Trump's favor he's still over-valuing it by at least 100-300 million dollars.
Like I said, the BEST you can do is get him to hundreds of millions of dollars of fraud. Not the win you think it is.
Forbes gave a conservative estimate of $350 million, and that's the figure that was widely cited in the liberal media seeking to downplay him. That's a pretty unreasonably low number if we go by the listings nearby, with two different ~2 acre lots with worse locations and no development, licensing or revenue stream being listed at $150-200 million- compared to a palace at the prime spot on the island with 6x the acreage. That's the
low estimate, and they even literally said it was a conservative estimate when they made it;
https://www.forbes.com/sites/danalexander/2022/08/09/how-much-has-trump-made-from-mar-a-lago-his-palm-beach-estate-under-siege/Quote
That $500 million figure, absurd at the time that the Trump Organization proposed it, suddenly became somewhat reasonable. 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. If Trump sold Mar-A-Lago for that amount, he’d reap a 35 times return on his original $10 million investment, making it one of the best deals of his career.
Trump estimated it being worth $427-612 million. Forbes gave a lowball estimate of $350 million, and "the most aggressive estimate" was $725 million.
You are trying to state that Trump is overvaluing his property by setting arbitrary goalposts of your own, removed from either the judge's criterion or the best estimated values, none of which align with what you're claiming. The judge cited the 0.18-0.26 hundred million figure as the only permissible valuation of the property, which is the only legally relevant number before us.