I’ve been reading a ton of articles about this today and I don’t think the magnitude of this court order is getting enough attention right now.
This order essentially means the end of the Trump Organization. Donald Trump is effectively out of business in the state of New York. No more Trump Tower. No more 40 Wall Street. No more Seven Springs. All NY Trump assets are going into receivership and will be liquidated and his business licenses are revoked.
This. Is. HUGE!!
Barring a miracle appeal or intervention from another court, Trump’s days of New York real estate mogul are finished. It’s really hard to overstate the significance of this ruling. Sure, it’ll take years to fully settle out but I don’t see how he manages to weasel his way around this.
