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Judi Lynn

(160,618 posts)
Sun Feb 14, 2021, 02:25 PM Feb 2021

Trump property dealings being investigated by New York prosecutors, report says

Ladder Capital has lent Mr Trump more than $280million for the four properties since 2012, according to The Wall Street Journal

Danielle Zoellner
New York
@dani__zoellner
1 hour ago

The Manhattan District Attorney's Office has opened an investigation into Donald Trump's New York properties, according to The Wall Street Journal.

Prosecutors are reportedly looking into loans given to Mr Trump by subsidiaries of Ladder Capital, a real-estate investment trust, people with knowledge of the matter told the newspaper.

These loans were for some of the former president’s glitziest New York properties including his flagship Trump Tower on Fifth Avenue; an art deco skyscraper in the Financial District; Trump International Hotel and Tower, a hotel and condominium building at Columbus Circle; and Trump Plaza, an apartment building on Manhattan's East Side.

. . .

The former president has called the probes a partisan "witch hunt" led by Manhattan DA Cyrus Vance, a Democrat.

More:
https://www.independent.co.uk/news/world/americas/us-politics/trump-property-investigation-new-york-manhattan-b1802127.html

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