The New York TimesThe New York Times

Will a judge's fraud ruling dismantle Trump's New York empire?

By Ben Protess, Jonah E. Bromwich and William K. Rashbaum

28 Sep 2023 · 5 min read

informed Summary

  1. A state judge has ruled that Donald Trump committed fraud by inflating the value of his assets. As a result, the former president's licenses to operate his flagship New York properties have been effectively revoked, leaving his operation there in the balance.

NEW YORK — Trump Tower on Fifth Avenue. The 72-story office building in the heart of the financial district. The Trump International Hotel overlooking Central Park.

These are Donald Trump’s flagship New York properties, embodiments of the rise of a developer who parlayed real estate riches into reality television fame, and ultimately, the White House.

Sign in to informed

  • Curated articles from premium publishers, ad-free
  • Concise Daily Briefs with quick-read summaries
  • Read, listen, save for later, or enjoy offline
  • Enjoy personalized content