Napolitano to Newsmax: Trump Ruling Could Alter NYC Real Estate

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Napolitano to Newsmax: Trump Ruling Could Alter NYC Real Estate
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Former New Jersey Superior Court Judge Andrew Napolitano told Newsmax on Wednesday that Tuesday's ruling in former President Donald Trump's New York fraud case could have a 'dramatic effect' on the New York City real estate community, not just the Trump Organization.

Former New Jersey Superior Court Judge Andrew Napolitano told Newsmax on Wednesday that Tuesday's ruling in former President Donald Trump's New York fraud case could have a "dramatic effect" on the New York City real estate community, not just the Trump Organization.

"Even though … the banks were paid back, the insurance companies didn't have any major losses, as Donald Trump has said nobody lost a nickel, nevertheless, this statute allows the [New York] attorney general to sue people who have engaged in repeated acts of fraud, whether anyone lost money or not." "She's also looking for the court to take away the Trump Organization's license to do business, and the court did that yesterday in a limited respect. This could have a dramatic effect on New York City real estate, on the New York City real estate development community, and on the hundreds and hundreds of people employed by the Trump Organization."

Napolitano also commented on the decision in the Georgia election interference case against Trump to conceal the identity of jurors.

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