Trump acknowledges value of Trump Tower apartment was high
From CNN's Lauren del Valle, Kara Scannell and Jeremy Herb in New York
Donald Trump was asked about the values of his assets on the financial statements, and notably answered that he thought his apartment — the size and worth of which has been a centerpiece at trial — was valued “high.”
"I thought the apartment was high,” Trump testified, adding "we changed it.”
Attorney General Letitia James alleges that Trump represented his apartment to be over 30,000 square feet to be valued at over $300 million, when in reality it had an area of less than 11,000 square feet.
Earlier. he said he thought the values were off on his financial statements, at times “both high and low,” and ultimately that Mar-A-Lago was underestimated — a comment he has made repeatedly outside of court.
Trump said, "I thought Mar-A-Lago was very underestimated but I didn’t do anything about it."
"I thought 40 Wall Street was very underestimated for its tremendous value,” he added.
Attorney General lawyer Kevin Wallace appeared visible surprised when Trump said he perceived both “high and low” valued assets on financial statements, pausing to review a transcript before asking Trump to elaborate.
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