#sevensprings — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #sevensprings, aggregated by home.social.
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The Seven Springs fire on Mescalero Apache land in Otero county is a handful to control.
How often do you see this sort of announcement? (see screenshot)
https://app.watchduty.org/i/51926
[Edit/Add] NOTE: The Mescalero Apache Tribe is the official source of news on this fire:
https://mescaleroapachetribe.com/news/This is a follow up to:
https://universeodon.com/@KrajciTom/114700901888825067#NewMexico #WatchDuty #Fire #ForestFire @ai6yr #SevenSpringsFire #SevenSprings @camless
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FOREST FIRE EMERGENCY! New forest fire start (approx 3:30PM Mountain Daylight time) vicinity of High Rolls, New Mexico
Seven Springs Fire:
https://app.watchduty.org/i/51926First photo at 3:30PM
2nd photo at 4PM ... very rapid growth. Breezy, dry, hot, terrain and vegetation conducive to aggressive fire growth.
These photos are from a distance of approx. 13 miles.
#NewMexico #WatchDuty #Fire #ForestFire @ai6yr #SevenSpringsFire #SevenSprings
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#NYAG asserted #Trump's ~2016 #valuation of #SevenSprings for $291M was inflated. A #CushmanWakefield Dec 1, 2015 #valuation of the whole property (not just the easement) was $56.5M.
NYAG directly asked Eric to concede that the part of his video deposition when he stated, “I really haven't been involved in appraisal work on the property” was inaccurate:
"Will you concede that your #testimony was incorrect, yes or no?"
#EricTrump: "I don't focus on appraisals between a law firm & Cushman”
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#NYAG showed #EricTrump’s email exchange w/ #CushmanWakefield appraiser David McArdle, who testified earlier (attached).
(This is also indirectly addressed in Eric’s video deposition where he claimed he didn’t know McArdle 🙄)
NYAG asked Eric if he now agreed that the Cushman 2014 #valuation of #SevenSprings was disregarded for the purpose of (to bolster) #Trump's #SFC.
Eric: "No, the exercises are apples & oranges, one has nothing to do w/the other.”
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#NYAG showed a 2013 email from #JeffMcConney to #EricTrump in which McConney tell Eric he needs the value for the #SevenSprings estate in Westchester County, NY.
NYAG questioned Eric about speaking to someone from Cushman & Wakefield in 2014 about the appraisal process.
Eric testified he remembered speaking to someone from the firm about it.
(Eric repeatedly has avoided yes or no answers to questioning.)
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The #NYAG moved on to #SevenSprings & the processes to acquire its conservation #easement.
#TrumpOrganization engaged real estate firm #Cushman&Wakefield to do its appraisal.
We heard previous testimony from Cushman & Wakefield re #EricTrump’s involvement.
"Eric Trump was deeply involved in this process, taking the lead on the Seven Springs property w/in his family & the #Trump Org. At various times from 2011 to 2016, Eric Trump spent time living at the property & repeatedly met w/town ofcls”
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The #NYAG moved on to #SevenSprings & the processes to acquire its conservation #easement.
#TrumpOrganization engaged real estate firm #Cushman&Wakefield to do its appraisal.
We heard previous testimony from Cushman & Wakefield re #EricTrump’s involvement.
"Eric Trump was deeply involved in this process, taking the lead on the Seven Springs property w/in his family & the #Trump Org. At various times from 2011 to 2016, Eric Trump spent time living at the property & repeatedly met w/town ofcls”
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The #NYAG moved on to #SevenSprings & the processes to acquire its conservation #easement.
#TrumpOrganization engaged real estate firm #Cushman&Wakefield to do its appraisal.
We heard previous testimony from Cushman & Wakefield re #EricTrump’s involvement.
"Eric Trump was deeply involved in this process, taking the lead on the Seven Springs property w/in his family & the #Trump Org. At various times from 2011 to 2016, Eric Trump spent time living at the property & repeatedly met w/town ofcls”
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The #NYAG moved on to #SevenSprings & the processes to acquire its conservation #easement.
#TrumpOrganization engaged real estate firm #Cushman&Wakefield to do its appraisal.
We heard previous testimony from Cushman & Wakefield re #EricTrump’s involvement.
"Eric Trump was deeply involved in this process, taking the lead on the Seven Springs property w/in his family & the #Trump Org. At various times from 2011 to 2016, Eric Trump spent time living at the property & repeatedly met w/town ofcls”
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The #NYAG moved on to #SevenSprings & the processes to acquire its conservation #easement.
#TrumpOrganization engaged real estate firm #Cushman&Wakefield to do its appraisal.
We heard previous testimony from Cushman & Wakefield re #EricTrump’s involvement.
"Eric Trump was deeply involved in this process, taking the lead on the Seven Springs property w/in his family & the #Trump Org. At various times from 2011 to 2016, Eric Trump spent time living at the property & repeatedly met w/town ofcls”
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#NYAG shows an Aug 20 2012 email in which #JeffMcConney tells Eric he's working on #Trump #SFCs & needs #valuation info on #SevenSprings.
NYAG: "He's asking for your assistance in 2013”
#EricTrump: "Yes.” Eric adds he gave info on project statuses to McConney.
NYAG: "Mr. Trump it is an undeniable fact, is it not, that as of Dec 4, 2012... you did know that your father had an annual financial statement (which) was used to show your father's financial wherewithal?"
Eric: "it's just incorrect."
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🚨🚨 Instead, #McConney treated the profit of $23M per home as if it were immediately realizable in 2012.
In 2013 & 2014, the #valuation for the 7 homes was done exactly the same way. He also wrote in his spreadsheets that the valuations were based on telephone calls in each of 2013 & 2014 w/ #EricTrump, who confirmed he should continue to #value the planned homes at #SevenSprings in the same way.
(Yikes)
The homes were NEVER BUILT.
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🚨🚨#McConney testifies that he understood the concept of #TimeValue (the value of a dollar today is worth more than the value of a dollar in the future) & that discounts should be applied to arrive at a present #value if money is going to be paid in the future.
The $161M for the 7 planned homes, which was baked into the #SevenSprings #valuation, was never discounted for the yrs it would take to build them, the cost of marketing/building/etc.
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Back to #McConney #witness / #defendant #testimony:
#NYAG #Amer delves into a flagrant instance of #fraudulent #valuations.
#Trump’s #SevenSprings estate planned to build 7 mansions on the property valued at $23M each.
McConney confirmed that in 2012, #EricTrump was involved w/the development of the #Westchester, NY, property & that he (McConney) assumed all necessary approvals were obtained prior to build.