P.M. BRIEFING : Trump Faces Midnight Deadline to Pay $13.6 Million City Tax Bill
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NEW YORK — Real estate developer Donald Trump owes the city at least $13.6 million in real estate taxes, payable by midnight tonight, a little more than a week after a “Band-Aid” bridge loan saved him from default on bonds and bank loans.
rA spokesman for the Department of Finance said the cash-strapped Trump was among 400 of the city’s biggest landowners to be billed for early payment of taxes on their properties in order to get money into the city’s nearly empty coffers for payment of municipal employees on Friday.
Kip Bobroff, a spokesman for the department, said Trump has been billed $7.3 million for the Plaza Hotel, $4.3 million for the former Pennsylvania Railroad yards on Manhattan’s West Side, and a little more than $2 million for the commercial floors of Trump Tower, which also has condominium apartments.
Asked if Trump would be able to pay by the midnight deadline, Milton Goldfein, executive vice president of the Trump Organization, said there would be “no comment.” Dan Klores, his press spokesman, claimed ignorance of Trump’s tax bill.
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