Donald Trump’s Westchester Properties Could Be First Seized

Former president Donald Trump’s first properties to fall in New York Attorney General Letitia James’ case may be his holdings in Westchester County.

The New York AG registered the $454 million judgment against Trump in the county, Bloomberg reported. The filing allows James to secure liens against his properties in the county, namely the massive Seven Springs estate and the Trump National Golf Club.

The undeveloped 212-acre Seven Springs estate is a particularly noteworthy property, as it played into the state’s fraud case against the former president. Judge Arthur Engoron ruled the property was overvalued by Trump, who valued the property as high as $291 million at one point, five times beyond the appraised value.

Trump has until Monday, March 25, to post a bond for 120 percent of the judgment. It seems unlikely the former president will meet the deadline, though he claimed on Truth Social this week he has nearly $500 million in cash.

Trump’s legal team this week notified an appellate court of his inability to obtain the required bond. An appeals court judge previously rejected his request to prevent enforcement of the full judgment, though a full panel of the New York appeals court has yet to decide on the matter.

Trump has also requested to post a smaller bond of $100 million, an offer James’ office has opposed.

Trump’s legal team said a fire sale of the former president’s real estate holdings to post the bond would cause “textbook irreparable injury,” but he may be in danger of losing those without the full bond regardless.

Once next Monday’s deadline passes, James can begin pursuing Trump’s assets as a means to collect the judgment against him. James previously said she would be willing to go after his properties as a means to collect damages after the Trump Organization was found liable for fraud.

— Holden Walter-Warner