Subject: Re: Trump's "fraud" in NY
Question for you: Do you think Mar-A-Lago is worth $27.6 million?

It's certainly worth closer to $27.6 million than $400-600 million.

Are there any comps to support the Trump claim? There are coastal properties comps in California and Hawaii that are comparable in acreage and desirability for the top 1% of the market. No way they are selling for $400 to $600.

Just up the beach from the Ritz Carlton Baccara is this 237 ocean front property with year round Mediterranean climate for $25 million. Reagan's Camino Cielo ranch is up the hill from it.

https://montecito-realestate.c...