This decision, which came down without a jury, has sent shockwaves through political — and real estate — circles, especially that $18 million base value for the property.
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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.”
The insider added, “If that property were on the market today, I would list it at around $300 million, minimum … at least. He also has the separate golf course minutes away.”
[This is completely absurd, and it might end up resulting not just in a reversal on that point but a very close look at how Judge Arthur Engoron is conducting the trial on the other issues. — Ed]
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