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It’s easy to check the actual value by comparing it to other properties in the neighbourhood. It’s not an oceanfront property. It’s also rumoured to be poorly maintained, as Trump is notoriously cheap.
Maybe worth more than 18M but not much more.
davidual-
I don’t think valuing it really is that easy - isn’t this a large part of what the case against him is? There is a tax valuation of it that is “low” at $18m and some estate agent said in court it was worth $1bn. I would expect it is much nearer the tax valuation than the estate agent valuation, but both of those types of valuations are for specific, different purposes.
I am sure he has lied and inflated it, massively, but I was surprised it was “only” worth $18m.
t.o.
Agree. But it’s worth more than $18m surely.