As part of a broader probe into the Trump Organization, Manhattan prosecutors are taking a closer look at Seven Springs.
Former President Donald Trump spent years attempting to develop the bucolic Westchester site. In recent weeks, the Manhattan district attorney’s office has issued subpoenas and requested recordings of local government meetings related to those plans, according to the Wall Street Journal.
Trump bought the 213-acre property in 1995 for $7.5 million and later valued it at up to $291 million in financial statements given to various institutions.
Overstating assets’ value to help secure loans or other financial benefits can be a state criminal offense.
Read more
Commercial
New York
DA Vance subpoenas NYC tax agency in Trump Org criminal probe
Politics
New York
NY’s top prosecutors ramp up investigations into Trump’s business
Commercial
New York
These properties have Trump in hot water with attorney general
Prosecutors in recent weeks have sent subpoenas to land-use lawyer Charles Martabano and engineer Ralph Mastromonaco, who were involved in plans for the property. The district attorney’s office also requested recordings of planning-board meetings in Bedford, New York, one of three towns where the estate is located.
In December, Manhattan prosecutors sent a different batch of Seven Springs subpoenas to the three towns.
[WSJ] — Sasha Jones