Birney said Trump executives considered tacking 25% onto the Trump Tower apartment's listed value as a “premium for presidential personal residence" in 2017, his first year in office. That fix was made in Trump’s 2017 financial statement, after Forbes magazine published an article revealing the true size of the Trump Tower apartment. “Was applying a presidential premium to a series of assets something you would have done on your own?” state lawyer Eric Haren asked. He said one of the discussions he had with Weisselberg about valuing Trump’s properties happened in a Trump Tower bathroom. Weisselberg testified Tuesday that, in some years, he instructed McConney to add a 30% premium to the values listed for Trump’s golf courses on his financial statements.

Source: Forbes October 13, 2023 19:19 UTC