I am sure Trump will appeal, and we’ll see. It seems like a major stretch of a case. The value of a property is whatever the market says it is worth, not what a judge or various appraisers thinks it is worth. You could have two identical buildings right next to each other, one could be worth considerably more because of various intangible factors such as, for example, maybe a famous mafioso was murdered in the doorway or was shot to death in a barber chair; or one has the Trump name on it while the other doesn’t.
People still go to Sparks to eat an expensive steak because Paul Castellano was killed there. You can get a better steak down the block for less money. Does that mean Sparks should face civil fines? Should the owner of Sparks’ building pay fines for charging more in rent to the restaurant operator than the landlord of an identical space across the street?
That valuation can change rapidly as well as over time.