Doral won’t ask county’s property appraiser to reassess Trump resort for taxes

Miami /
Aug.August 24, 2016 12:00 PM

The Doral City Council Tuesday night rejected a resolution to ask the Miami-Dade County Property Appraiser to inspect and assess the Trump National Doral Resort and Spa in Doral and ensure its appraisal for property tax purposes is proper.

Councilwoman Sandra Ruiz made a motion to vote on the resolution, but no other council member seconded the motion, effectively killing it.

“No second, the motion dies,” Doral Mayor Luigi Boria said, ending a short public hearing on the matter Tuesday evening.

“Property taxes must be determined by technical criteria … and not subject to petty politics,” Ed Russo, a representative of Donald Trump and The Trump Organization, told the city council.

Russo said he isn’t part of Donald Trump’s campaign as the Republican nominee for president, but he suggested that support of Democratic nominee Hillary Clinton may have motivated the proposed resolution to request a new county appraisal of Trump National Doral.

“We are not part of the Trump campaign organization. We are here regarding our responsibilities to Trump Doral,” Russo said during the city council hearing.

“We think it’s proper to request that any member of the city commission who intends to … vote on this issue have at least disclosed if they are officially part of any national presidential campaign, especially if you serve as a Florida delegate of the DNC [Democratic National Committee],” he said.

Trump bought the 800-acre Doral resort property four years ago, and his lawyers have challenged the assessments for tax purposes every year since then.

The market value of Trump National Doral is about $96 million, and its assessed value is about $72 million, according to the Miami-Dade County Property Appraiser.

David Feder, vice president and managing director of the Trump National Doral Resort and Spa, told the city council that Trump saved the Doral resort, which has about 1,100 employees and an annual payroll of $25 million

“Up until the ‘90s, it was a strong competitor in the marketplace,” he said. “Then sometime in the mid ‘90s it declined, and if it had continued to go in that direction, it would have turned into mothballs.

Trump bought the Doral resort in 2012 for $150 million and spent another $250 million to renovate it.

“It has turned out to be one of the finest new resorts in the country,” Feder said. “Without the Trump family, I really doubt it would be that way today.”

The Washington Post reported that, in his May filing with the Federal Election Commission, Trump claimed higher values on eight of his 10 golf courses while his attorneys petitioned for lower values and reduced property tax bills.

For example, the Republican presidential nominee valued Trump National Golf Club in Jupiter at more than $50 million when months earlier, his attorney argued it was worth “no more than $5 million.” Trump’s FEC filing also claimed that Trump National Doral is worth “at least $50 million.”


Related Articles

arrow_forward_ios
Eric and Lara Trump with 502 Bald Eagle Drive in Jupiter (Getty, Google Maps)
Trump town: Eric and Lara buy home near Don Jr. in Jupiter
Trump town: Eric and Lara buy home near Don Jr. in Jupiter
Fontainebleau Miami Beach, Jeffrey Soffer and former President Donald Trump (Ebyabe/Wikipedia, Getty, iStock)
Gambling portability a no-go in Florida this year for Jeffrey Soffer, Trump
Gambling portability a no-go in Florida this year for Jeffrey Soffer, Trump
Gil Dezer (Photos by Sonya Revell)
The Closing: Gil Dezer
The Closing: Gil Dezer
Brad Parscale and 2319 Desota Drive (Getty, Google Maps)
Brad Parscale, ex-Trump campaign manager, sells Fort Lauderdale home
Brad Parscale, ex-Trump campaign manager, sells Fort Lauderdale home
Donald Trump with sons Eric and Don Jr. and 1125 South Ocean Boulevard (Getty, Google Maps/Illustration by Alexis Manrodt for The Real Deal)
Trump lists beachfront mansion next to Mar-a-Lago for $49M
Trump lists beachfront mansion next to Mar-a-Lago for $49M
Photo illustration of Donald Trump at Mar-a-Lago (iStock, Getty/Illustration by Kevin Rebong for TRD)
Trump argues to live in Mar-a-Lago — as an employee
Trump argues to live in Mar-a-Lago — as an employee
535 North County Road and Mark Pulte with former President Donald Trump (Google Maps; Pulte Family Foundation; Getty)
Spec home built on Trump’s former Palm Beach property under contract for $140M
Spec home built on Trump’s former Palm Beach property under contract for $140M
Trump Plaza’s condo board votes to remove ex-president’s name from West Palm towers
Trump Plaza’s condo board votes to remove ex-president’s name from West Palm towers
Trump Plaza’s condo board votes to remove ex-president’s name from West Palm towers
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...