How Donald Trump Killed Mar-a-Lago's Market Value

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How Donald Trump Killed Mar-a-Lago's Market Value
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Mar-a-Lago historian Mary Shanklin says it could have been worth 'much more' than $100 million if Trump hadn't taken this step.

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The civil fraud trial against former President Donald Trump has sparked debate over the property value of Mar-a-Lago, with Trump claiming his Palm Beach estate to be worth '100 times' the price that prosecutors determined.

Instead, Trump decided to turn it into a club by giving locals the protected easement, which states that 'the Club and Trump intend to forever extinguish their right to develop or use the Property for any purpose other than club use.'When asked about the language on Monday, the former president said, ''Intend' doesn't mean we will do it,' calling it 'bravado' and not 'legal intent.

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Newsweek /  🏆 468. in EG
 

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