This is a HUGE win for NYC and President Trump. This case involved the state going after him for valuing his properties that the state disagreed with. However, not only did banks agree and lend him the money but HE PAID OFF THE LOANS so everyone was whole and made money.

When this was appealed the State Judges were very very confused how the lower courts had reached this because you can value whatever you own at whatever amount you want. Huge win for builders in NYC as there was a significant slow down when this happened as the state was trying to force its way into private deals.