Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A


Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (58) |
Author: albaby1 🐝 HONORARY
SHREWD
  😊 😞

Number: of 15062 
Subject: Re: Trump's "fraud" in NY
Date: 03/13/2024 6:13 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 13
See my next post.
The judge should be sanctioned.


Yeah, no.

Mar-a-Lago is a problem property - a White Elephant, valued to the person who lives there now but not in the open market. It's 17 acres zoned single-family residential in a residential neighborhood subject to deed restrictions that prohibit it from ever being subdivided and from being used for anything other than a club and is subject to a historic designation restriction.

If you scraped Mar-a-Lago and put it on the market, but it was subject to that no-subdivision requirement, it wouldn't get $100 million (no single family home in the State had ever sold for that much when Trump valued it). Add in the historic designation and the club requirement, and you're not going to get anywhere close to that. If Trump said it was worth $400-600 million, he was lying through his teeth.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (58) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds