Political Cartoons View All 1211 ImagesMcArdle said he was asked to figure out what the property would be worth if the Trump Organization built 71 high-end townhomes there, and he got substantial input from Eric Trump.
McArdle said Thursday that Eric Trump may have had a “more lofty value" in mind, but a higher number wouldn't have been credible.
Trump's financial statements went on to list the golf course at values sometimes topping $100 million, according to James' lawsuit.
Both Eric and Donald Trump have attended some parts of the trial but weren't there Thursday.
Earlier in the trial, retired Deutsche Bank official Nicholas Haigh testified that Trump’s financial statements were key to approvals for hundreds of millions of dollars in loans in 2011 and 2012.
Persons:
Donald Trump's, Eric, Letitia James, Trump, Eric Trump, David McArdle, McArdle, “ Eric, ” McArdle, wasn't, ”, didn't, James, Donald Trump, Jack Weisselberg, Allen Weisselberg, Trump's, Weisselberg, Nicholas Haigh, Haigh, Judge Arthur Engoron, Michael R
Organizations:
New York, Republican, Trump Organization, Trump National Golf, Trump, Deutsche Bank, Associated Press
Locations:
New York, New, Westchester County, Briarcliff Manor , New York, Wakefield, Sisak