Trump Seeks Answers on Fate of Family’s New York Real Estate
Donald Trump’s legal team sought clarity Wednesday from a New York judge who issued a ruling that potentially removes the former president’s control over part of his real-estate empire.
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The ruling effectively means that Trump can’t transact business in New York, said Massimo D’Angelo, a real-estate attorney at firm Blank Rome. While canceling the certificates bars Trump from operating properties in the state, the fate of his out-of-state assets connected to New York-based corporate entities is unclear, D’Angelo said.
“It’s a big deal because it clips his wings in terms of being able to make money within this state,” he said.
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"Trump Seeks Answers on Fate of Family’s New York Real Estate," by James Fanelli, Peter Grant, and Corinne Ramey was published in The Wall Street Journal on September 27, 2023.