Wednesday 6 July 2022 08:57 PM New York real estate firm that appraises Trump properties is held in CONTEMPT trends now

Wednesday 6 July 2022 08:57 PM New York real estate firm that appraises Trump properties is held in CONTEMPT trends now
Wednesday 6 July 2022 08:57 PM New York real estate firm that appraises Trump properties is held in CONTEMPT trends now

Wednesday 6 July 2022 08:57 PM New York real estate firm that appraises Trump properties is held in CONTEMPT trends now

New York real estate firm that appraises Trump properties is held in CONTEMPT and will be fined $10,000 a day until it turns over documents in investigation into 'inflated' prices Judge Arthur Ergoron announced the fine in a blistering order of contempt Said the firm Cushman & Wakefield engaged in 'willful' noncompliance and had 'only itself to blame' NY State AG Letitia James subpoenaed trove of documents to try to uncover how Trump properties were valued as compared to others 

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A New York judge has ordered the real estate firm of Cushman & Wakefield to pay $10,000 a day until it turns over documents related to a probe of whether the Trump organization inflated real estate valuations for financial purposes.

Judge Arthur Engoron slapped the company with the contempt finding that says the court was 'incredulous' the firm didn't seek an extension until after a court-imposed deadline had passed. 

The fines take effect July 7th and accrue daily, after Judge Engoron found the company had engaged in 'willful 'non-compliance' and has 'only itself to blame if it chose to treat the looming [document] deadlines cavalierly' after it blew through a June 29 deadline. 

A New York judge has ordered Cushman & Wakefield to hand over information on property valuations or face fines. The firm provided assessments for Trump Organization properties that state AG Letitia James says were inflated. Pictured is Trump's Seven Springs estate in Bedrod, New York

A New York judge has ordered Cushman & Wakefield to hand over information on property valuations or face fines. The firm provided assessments for Trump

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