martybegan
Diamond Member
- Apr 5, 2010
- 83,046
- 34,364
No, it doesn't. It comes from a lot of things, specific to each property. You should read the ruling.
For example, at Trump Park Avenue, they ignored that a dozen apartments were rent stabilized, which means that they overvalued them by 700%. In another example, Trump had an appraisal done that came back at about $15 million. Trump used $161 million, which somehow included the value of a half dozen mansions which did not exist and could not legally be built anyway.
Read the decision, because it's pretty clear you only know what you've been told about it.
No links of course for this from you.