Subject: Re: Trump gets special treatment yet again
over decades and hundreds of cases, trump has a singular talent for delays. he has notched another victory, and is still not out a dime.
but unlike his decades of grinding down a desperate opponent unable to afford litigation, there will be eventually be a win or loss here.

ok, why the kindness here on the bail amount, +10 days ?

going through the recent forbes series, it seems obvious the state of NY simply does not want to be in the business of seizing and operating Real Estate for a sale. (more on this below)

the bail reduction makes it more likely trump has that much cash, or a Chubb-like situation where some party can provide the entire amount to any insurer willing to be the frontman but have no actual financial risk.


the real estate has 2 buckets, and it seems that many years would be required to wring out +$0.5B in a NORMAL non-distressed scenario.

A. his big money is in CRE, and this sector is suffering from vacancies, increased floating rate interest, increased operating expenses, and re-set ground leases.
trump's collection is no exception, other than to the high degree of some of these issues. not to mention a trump-branded discount now expected in NYC.

B. golf courses and residential : simply stated, these will not add up to enough. however, the saudis with LIV golf and a sports-washing goal, may be willing to grossly overpay, and in cash.
trump's ego will not allow him to put most of these up for sale until an irrevocable final decision, and by then they are distressed sales for an economic buyer.