Trump Averts Tax Sale of Meadowlands Site ; N. Arlington Gets $262,000, Says More Is Owed

The Record, Bergen County, NJ › April 03, 2008

Linked as:

Summary

Manhattan real estate mogul Donald Trump plunked down $262,692 Wednesday morning for back taxes on the troubled EnCap golf project.

The check, hand-delivered by Trump's executive vice president, Michael Cohen, staved off a tax sale that had been scheduled for noon in North Arlington. Borough officials said EnCap owes them a total of $450,000 on back taxes for 70 acres of land where the developer once planned to build a luxury housing community.

See the full content of this document

Extract

Trump Averts Tax Sale of Meadowlands Site ; N. Arlington Gets $262,000, Says More Is Owed

"Mr. Trump feels it was the right thing to do," said Cohen, who has been project manager for the evolving EnCap project si...

See the full content of this document