USSA watch: Mar a Lago worth $300 million plus; judge lies & calls it $18 million as threat to Biden's opposition leader
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@raphjd We can tell arithmetic isn't hubrys strong suit.
Let's do some now.
To put it in perspective, a 2-acre wooded lot at 1980 S. Ocean Blvd., just 5 minutes from Mar-a-Lago, is currently listed for $150 million. Mar-a-Lago, situated at 1100 S. Ocean Blvd., dwarfs this lot tenfold and operates as a commercial business with around 500 members as part of the golf club
Also nearby: a 2.3-acre plot of land at 1063/1071 N. Ocean Blvd., on the market for a sky-high $200 million.
That makes a going rate of $75 million per acre... for dead land, nothing on it.
Mar-a-Lago 20 acres = $1.5 billion.
Given value of historic mansion with security upgrades & high end profitable social club - could maybe call it $2 billion.
Especially if Bidens bought it - Bidens would inflate prices to launder money - as Bidens & their victim-cronies do with Hunters "art".
But wait!!!!!!!!!!!!!!!!!!!!!
Restrictions would stop Disney to re-develop it. Oh noes! Disney could not knock down existing development & put up Fantasyland Ped(iatric) Gender Change Annex!!! (Where @hubrys want to live?)
OK so let's apply huge, HUGE 85% discount to $2 billion - result:
One prominent Palm Beach real estate broker [said] “If that property were on the market today, I would list it at around $300 million, minimum..."
$300 million takes the per-acre from area's normal $75 million, to something under $15 million. Again: no problem. Restrictions accepted. Huge discount applied.
But hubrys & his new favorite corrupt "judge" decree, huge 85% discount, validated by local brokers / market, is not enough discount, decree it MUST be 99% discount for per-acre going from $75 million to something under $900,000.
Because Trump.
Its obviously fake & corrupt.
One prominent Palm Beach real estate broker, speaking on the condition of anonymity, told The Post, “It’s utterly delusional to think that property is only worth $18 million.”
And obviously done for Biden Regime to rig election - jail opponent.
USA legitimacy gone.
Rest of world sees.
Every time USA bombs another country "for democracy" - War crime.
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Didn't Hunter claim to pay $50k per month in rent for his dad's house?
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@raphjd I'd have to look it up but rings a bell.
@hubrys "ignoring the difference between those unrestricted parcels and Mar-a-Lago" - Nope.
I literally accounted for the restrictions before your eyes............ still showing YOU. ARE. PATHETIC & WRONG.
That you'd even want to defend Biden Regime, at this point, astounds. Guess ur in that 18% support I read about.
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Forbes consulted local market experts - $200m to $750m, most likely $350m or more.
But still what @hubrys has decreed, rules.
Since it's impossible that me, or Forbes Magazine staff, or local market experts & buyers, ever considered restrictions which were well-known & yet discovered alone, ALONE, ALONE, by @hubrys & new favorite corrupt "judge".
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Update: New York appeals court halts the process of breaking up Trump’s businesses
The dissolution of the entities would cause irreparable harm to the businesses and upwards of 1,000 employees, Trump attorney Christopher Kise argued in court...
https://news.yahoo.com/trump-asks-appellate-court-stay-171924344.html
Clearly, @hubrys and other libs are given a new target: Annihilate NY Appeals Court, at all costs.
Because that's what authoritarians (commie or fascist, makes little difference) do.
That is how Biden Regime works.
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On the same website, I found the $60 mil condo, I just saw a $195 mil condo.
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@raphjd LOL - but remember - only @hubrys ever heard of property restrictions before.
Forbes staff, West Palm Beach real estate agents who already discount Mar a Lago by 85% from $2 billion to $350 million, you, me................ None of us knew. Only him. He discovered property restrictions, first, uniquely.
For generations, before him, people done real estate appraisals wrong.
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@blablarg18 said in USSA watch: Mar a Lago worth $300 million plus; judge lies & calls it $18 million as threat to Biden's opposition leader:
For generations, before him, people done real estate appraisals wrong.
I'm not sure why the Trump defense team didn't call you two brain-trusts as witnesses for the trial. As it was, they didn't produce any credible appraisal witnesses during the trial to corroborate your theories on the property's values.
Why? Why didn't all of Trump's lawyers just find one of these trustworthy appraisers you guys are relying on? How could they have been so negligent in his defense?
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Why aren't you ranting about a $195 mil condo in NYC?
We all know why, because it has nothing to do with Trump, so it doesn't trigger your extreme TDS.
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@raphjd Why? Why didn't all of Trump's lawyers just find one of these trustworthy appraisers you guys are relying on? How could they have been so negligent in his defense?
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Lawyers are quite often shit.
I'm not defending the appraisals, just pointing out that $300 mil isn't that much.
The judge in the case has a history of ruling against developers, per the link I posted earlier in the thread.
You have extreme TDS. If we switched Biden for Trump, you would be raging.
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Update: New York court throws out penalty.
https://www.bbc.com/news/articles/c5y09q1zgg8o
on USA 8A grounds: Even if there was fraud (but there wasn't) or harm (none was shown), $500m penalty was so far out, it violates USA ban on "cruel and unusual punishment."
Case suffers from many more flaws. Appeals rightly will continue until case is obliterated.
While several [NY-lib] judges said she was "within her lawful power in bringing this action", one believed the case should have been dismissed and two said that there should be a new trial of a more limited scope.
Those two, though, joined the decision to throw out the fine "for the sole purpose of ensuring finality", wrote Judge Moulton.
American voters had "obviously rendered a verdict" on Trump's political career, Judge Moulton also wrote, and "this bench today unanimously derails the effort to destroy his business".
The ruling amounted to a "judicial version of kicking the can down the road", said Will Thomas, an assistant professor of business law at the University of Michigan.
"By its own admission, the Appellate Courts is punting the real legal decision up to the New York Court of Appeals, noting that its unusual decision was made 'for the sole purpose of ensuring finality,'" he said.
"Would you have a 300-page opinion if this were Joe Smith the businessman, and not Donald Trump?"
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