Trump Tower was valued at $371 million in 2017 but its current worth is unclear and New York's attorney general has said Trump has overvalued the building.
Former President Donald Trump may have to sell assets to pay for his enormous legal bills.Earlier this month, Judge Arthur Engoron ruled that Trump will have to pay roughly $355 million in penalties, holding that the former president and top executives at The Trump Organization committed fraud by inflating the value of his assets to obtain more favorable terms from lenders and insurers.
'There are some common misconceptions about exactly what Trump Tower is and what portion of it is Donald Trump's to sell,' he told Newsweek. 'If he's forced to liquidate assets, he won't get much value out of the commercial portion or triplex apartment owned, on a hefty mortgage, by the Trump Organization. The rest of the building's condos are owned by individual occupants.
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