Donald Trump's century-old mansion of Seven Springs, north of Manhattan, could be among the first assets seized.
Donald Trump's Seven Springs property in Bedford might be among the first assets New York Attorney General Letitia James seizes and liquidates as she starts collecting the $464 million owed by Donald Trump following her lawsuit against him.James, who brought the civil fraud case against the former president, his two eldest sons and his organization, will be able to sell off Trump's assets in the state as of Tuesday, should he fail to raise the massive sum required as bond by Monday.
Trump purchased the century-old Georgian-style mansion in 1995 and uses it as a retreat for his family, according to the Trump International Realty website. While he paid $7.5 million for it at the time—$2.5 million under the list price—the former president valued the property at $291 million in 2012. In his financial disclosure forms while president, he said the property was worth between $25 million and $50 million.
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