![]() ![]() Weisselberg then set up a phone call, which was followed by an email exchange, titled “Mr. The reporter opted to leave the valuation at $90 million in her calculation and sent a summary of her estimates to Weisselberg and his deputy, Jeff McConney. “He is sending us sales records for One57”-a luxury apartment building nearby, which Trump’s financial statements also referenced-“and then applying a per-square-foot rate, based on 30k sf.” “Now Allen says it’s $163m with 0 debt,” a reporter wrote in her notes. The next year, a reporter explained, “Now Allen says it’s worth $200M, and there’s no debt.” Believing the penthouse was nearly 30,000 square feet, the figure that the Trump Organization would eventually claim on its internal documents, the reporter decided to bump up the estimate to $90 million.Ī year later, in 2014, Weisselberg once again weighed in on the value. The reporter added it to the calculation with an estimated $64 million valuation. The penthouse wasn’t worth $88 million, but it was worth something. He thinks it’s worth more $88m.” Weisselberg had a point. He said we should be including his NY penthouse. Three years later, in 2012, a different reporter wrote, “Allen asked why we count large private estates for other billionaires and not Trump. “They understand if we don’t want to include the penthouse at Trump Tower,” the reporter noted. The reporter was hesitant to add Trump’s personal home to the valuation, something Trump and his underlings seemed to be okay with at the time. Weisselberg and Trump summoned a Forbes reporter to a meeting, according to the reporter’s notes. Forbes had been valuing Trump’s fortune for decades at that point, though some of his smaller assets remained absent from the overall calculation. The saga started in 2009, on a relatively friendly note. Given the fact that these discussions continued for years, and that Weisselberg took a very detailed approach in reviewing Trump’s assets with Forbes, it defies all logic to think he truly believes what he is now saying in court. ![]() A review of old emails and notes, some of which the attorney general’s office does not possess, show that Weisselberg absolutely thought about Trump’s apartment-and played a key role in trying to convince Forbes over the course of several years that it was worth more than it really was. ![]()
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