New York Attorney General Letitia James is chasing more Trump documents – this time from the former president’s real estate appraisers.
On Thursday, James had asked a Manhattan judge to impose a $ 10,000-a-day fine on Donald Trump for what he called his non-compliance with her legal summons for documents.
On Friday, he asked the same judge to force Chicago-based rating agency Cushman & Wakefield to hand over documents he also accused of illegal hiding.
“Cushman & Wakefield’s work for the Trump Organization is crucial to our ongoing investigation into Donald J. “Trump and the financial practices of the Trump Organization,” she said in a statement Friday night.
The company conducted assessments of three Trump-owned properties that James’s office is investigating, according to court documents detailing James’s request to Manhattan Supreme Court Justice Arthur Engoron to enforce compliance.
One is Seven Springs, a 212-acre property in Westchester County, north of New York.
Court documents show Trump received a $ 21.1 million tax deduction in 2015 by donating a 158-acre bondage to a trusted conservation institution, the Washington Post reported in 2020. James’s office is investigating whether Cushman & Wakefield inflated the value of slavery.
A second property is the Trump National Golf Club in Los Angeles, where the former president received a new deletion by donating a slave to the ocean that was evaluated by Cushman & Wakefield. James accused Trump of earning a federal tax benefit totaling more than $ 5 million using “misleading” valuations of the bond, which she said did not fully take into account the property being prone to landslides.
The third property is 40 Wall Street, a 70-storey skyscraper. New York AG is investigating whether Cushman & Wakefield inflated the value of the property in connection with a 2015 mortgage refinancing on the building and other business deals.
James’s summons also requires the company to provide information about the company’s largest business relationship with the Trump organization.
An earlier order from Engoron had required the rating agency to submit all documents requested by James by October 2020 at the latest.
A Cushman & Wakefield representative could not be reached for comment. The company’s lawyers have previously said that the calls are too extensive and that it has already delivered all the relevant documents.
Engoron has not yet ruled on James’s request for a $ 10,000-a-day fine. Donald Trump, Ivanka Trump and Donald Trump Jr. are appealing against a judge’s February order that they comply with James’s request for their deposits.
