Never-before-seen Trump NYC real estate tax docs show major inconsistencies between occupancy and rental income data reported to tax authorities vs reporting to lenders, including data for 2017 - great reporting by @hvogell
propublica.org/article/trump-…
propublica.org/article/trump-…
At 40 Wall Street bldg occupancy was reported at 95% to lenders and 81% to tax officials
At Trump Intl Hotel & Tower gross income reported to tax authorities was about 81% of reporting to lender
One expert calls the differing numbers “versions of fraud.”
propublica.org/article/trump-…
At Trump Intl Hotel & Tower gross income reported to tax authorities was about 81% of reporting to lender
One expert calls the differing numbers “versions of fraud.”
propublica.org/article/trump-…
Finally some reporting on Trump creditor Ladder Capital where Trump Org CFO Allen Weisselberg’s son Jack works
Trump & Jack Weisselberg had some history - Jack was at UBS in 2006 when UBS loaned Trump $7 million for his piece of Trump Intl Hotel & Tower
propublica.org/article/trump-…
Trump & Jack Weisselberg had some history - Jack was at UBS in 2006 when UBS loaned Trump $7 million for his piece of Trump Intl Hotel & Tower
propublica.org/article/trump-…
Here’s chart I published in 2017 of Trump’s two main creditors Deutsche & Ladder Capital Finance - including 40 Wall St and Trump Intl Tower & Hotel
I’ve been perplexed since at how little coverage has been done on Ladder given their leverage over Trump
medium.com/@wsiegelman/tr…
I’ve been perplexed since at how little coverage has been done on Ladder given their leverage over Trump
medium.com/@wsiegelman/tr…
And here’s @mrspanstreppon reporting on Ladder in 2017 including the find that Trump Org CFO Allen Weisselberg’s son Jack worked there
