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To: phothus
Yeah, that's why he and his Atlantic City cronies offered her 25% of what a previous offer was when they resorted to using eminent domain to get rid of her.

Would you clarify the 25% offer. Was that offer made by Trump? I would appreciate a published source on that. Thanks.

41 posted on 02/06/2016 9:55:44 PM PST by map
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To: map

The original 1 million was offered by Bob Guccione in the 70’s. Later Trump bought the land around her during or around 1993.

He made offers. I haven’t seen official numbers, but one of his sons claimed he offered 1.9 million. He later claimed he would have gone “up to” 5 million, but there is no evidence he offered that amount.

Evidently he saw a better way to make the deal by going through the Atlantic City Casino Reinvestment Development Authority. They offered 251K for the property (clearly not a market assessed amount) in order to acquire the property for Trump.

Articles are around with the number:

https://www.bostonglobe.com/opinion/2015/08/25/donald-trump-champion-little-guy/LtBcqhAdGWg6qY3gcrrHkM/story.html

https://en.wikipedia.org/wiki/Vera_Coking

the firm that represented her has a long article somewhere that I think I posted earlier.

The 25% is my calculation based on the eminent domain assessment being 25% of the earlier, documented offer amount.


51 posted on 02/06/2016 10:08:19 PM PST by phothus (http://buanadha.wordpress.com/)
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