Even before New York’s Attorney General suggested seizing 40 Wall Street to pay the ex-president’s $457 million in legal fines, the property was facing serious financial problems.
By Zach Everson, Forbes Staff
Donald Trump is facing a cash crunch. He admitted in a court filing on Monday that he does not have enough cash and cannot secure a bond to cover the more than $457 million he owes to New York state after being found liable in a civil fraud case. And his team has reportedly not ruled out declaring bankruptcy via certain entities.
If any of Trump’s companies were to declare bankruptcy, it seems most likely that it would be one tied to 40 Wall Street, his troubled skyscraper in downtown Manhattan. The building looks…
