AS AN EXAMPLE, HE VALUES THE MOST SPECTACULAR PROPERTY IN PALM BEACH, FLORIDA, MAR-A-LAGO, AT $18,000,000, WHEN IT IS WORTH POSSIBLY 100 TIMES THAT AMOUNT
He also broke down Donald Trump’s efforts to classify Mar-a-Lago as a social club in the 90s, which saw the former president signing a 1995 deed relinquishing his right to use the property as anything other than a club and a 2002 “Deed of Development” forever extinguishing his right to develop Mar-a-Lago and limiting changes to it, including division or subdivision for any purpose like use as single-family homes.
“Exacerbating defendants’ obstreperous conduct is their continued reliance on bogus arguments in papers and oral argument,” Engoron wrote in the filing. “In defendants’ world: rent regulated apartments are worth the same as unregulated apartments; restricted land is worth the same as unrestricted land; restrictions can evaporate into thin air; a disclaimer by one party casting responsibility on another party exonerates the other party’s lies; the Attorney General of the State of New York does not have capacity to sue or standing to sue (never mind all those cases where the Attorney General has sued successfully) under a statue expressly designed to provide that right; all illegal acts are untimely if they stem from one untimely act; and square footage subjective.”
“That is a fantasy world, not the real world,” he added.
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