The U.S. commercial property market is set to collapse within the next 12-18 months, but authorities have their eye on Donald Trump, according to Chris Kise. Reacting to the $355 million fine imposed on Trump on February 16 for the overinflating the value of his assets, Kise claimed the authorities are trying to drive Trump out of New York.
Kise, who was the chief attorney in that case, highlighted that despite Trump’s legal scrutiny, he is one of the few commercial property developers who is debt-free.
When asked about an appeal, Kise said it will depend on a number of factors, but will likely “fall within the 30-day clock” allowed by the court.
Real Estate Market Will Collapse—Donald Trump Attorney
February 19, 2024
Article from Newsweek by Sean O’Driscoll
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