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stopbush

(24,395 posts)
Fri Nov 30, 2018, 08:53 PM Nov 2018

Who says that tRump Moscow penthouse was worth $50-million?

Why, tRump...or his sycophants.

It’s a made-up value, and like every tRump property, overpriced and overrated.

More like tRump was offering a penthouse worth maybe $700,000, tops.


10 replies = new reply since forum marked as read
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TreasonousBastard

(43,049 posts)
5. Whoa! You're talking Trump dollars, as variable as Bitcoins and based on...
Fri Nov 30, 2018, 09:02 PM
Nov 2018

Russian cashwashing value.

Brag about the 50 million penthouse (maybe half million real value) and the oligarchs feel better about paying 10 million for the other apartments to launder their cash.

That's the way it works in Trump Tower, and should work even better in Moscow.

Xolodno

(6,390 posts)
6. I'm of the opinion it was undervalued or sub par.
Fri Nov 30, 2018, 09:17 PM
Nov 2018

Moscow real estate is fairly expensive if I recollect correctly. And given Putin's "wealth", he probably thought, "only 50 million from a third rate stupid realty developer?....It's going to be a dump! Fuck that! I have the Kremlin!"

torius

(1,652 posts)
7. And Sater said he wanted to charge $250 million
Fri Nov 30, 2018, 09:30 PM
Nov 2018

to Russian oligarchs for the other units and that they'd gladly pay that to live in the same building as Vlad.

Just a way of laundering money.

GusBob

(7,286 posts)
9. I have the same question. It wasn't even built
Fri Nov 30, 2018, 09:33 PM
Nov 2018

What are the going rates?

I think they just pulled that figure out of their ass, as you indicate as a brag

That Felix guy said they were gonna get 4 other suckers in there and overcharge them to make up the difference

JI7

(89,244 posts)
10. it was based on assumption Putin would be living there so people would pay 250
Fri Nov 30, 2018, 09:41 PM
Nov 2018

million to live there with him.

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