After halting all business in New York, investor Grant Cardone warned further legal action against Donald Trump will 'wreak financial havoc' on the city and real estate industry.
As former President Donald Trump’s legal battles continue Monday, one prominent real estate investor is doubling down on the troubling precedent the case sets for the overarching industry. "This could take decades to fix. This will cost New York City hundreds of billions of dollars and literally wreak financial havoc on the city," private equity fund manager and Cardone Capital CEO Grant Cardone said on "Fox & Friends." "The tax base is going to go down.
The former president finds himself in a New York City courtroom again Monday morning, just a few weeks after the fraud case, for a hearing related to Manhattan District Attorney Alvin Bragg’s hush money payments case allegedly made during the 2016 presidential campaign.
Fox News’ Brooke Singman contributed to this report.
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