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In reply to the discussion: When Trump Has to Sell off Properties, Under Duress, Surprises Will Come [View all]Ocelot II
(115,927 posts)4. It will be very interesting. We know that the properties have been grossly overvalued,
and it's also known that at least some of them have been maintained/remodeled/decorated as cheaply as possible. A 2016 article, https://www.esquire.com/news-politics/a49868/trump-tower-what-a-dump/ describes what a dump Trump Tower really was, at least at that time. I can't imagine it's in any better shape now. If there ever was a modern Potemkin village it's the Trump real estate "empire."
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When Trump Has to Sell off Properties, Under Duress, Surprises Will Come [View all]
MineralMan
Mar 19
OP
I don't know, trump probably has 2 million in equity in trump tower, since the last time he mortgaged it.
Omnipresent
Mar 20
#102
It will be very interesting. We know that the properties have been grossly overvalued,
Ocelot II
Mar 19
#4
Just a reminder: Trump Plaza Hotel and Casino was ruled a hazard, and demolished.
eppur_se_muova
Mar 19
#8
takes longer than 5 years for a casino building to deteriorate. Started under his watch.
ZonkerHarris
Mar 19
#27
Sure would be nice if that high-rise on the beautiful Chicago riverfront were stripped of his name
Blue Owl
Mar 19
#9
Shout out for the architectural river cruise in Chicago. I've done it twice. You will learn a lot.
OMGWTF
Mar 20
#99
I'm waiting for all the Chinese and Saudi nationals to leave like rats on a sinking ship.
flying_wahini
Mar 19
#17
He said Saudis would pay anything...for MAL I believe. Maintenance aside, another potential problem
wiggs
Mar 19
#22
I agree. The value of the building Ivana was given in their divorce was far less than stated...
Hekate
Mar 19
#32
One of the reasons he's on the whine trail right now. Complaining about having to "fire sale" some property.
bluesbassman
Mar 19
#40
i remember when landlords were forced to live in 1 of their buildings that are deathtraps . does that still go on?
AllaN01Bear
Mar 19
#47
He doesn't even own some of them. He licenses the use of the name, Trump - which is now worth 'Shit'.
Joinfortmill
Mar 19
#55
Like: who really owns all that stuff, that TFG is a cover for Russian gangsters?
marble falls
Mar 19
#76