Members-Only Article
As we continue to try to sleuth out just what Michael Cohen did for Donald Trump and whether he will choose to cooperate with the government, his finances remain key to answering both questions. With that in mind, this new Bloomberg article adds some new details to the picture we’ve painted so far.
The new information confirms the general picture but adds new details. How much is Michael Cohen worth? In the past, we’ve noted that Cohen has extensive real estate holdings. This new article from Bloomberg provides more detail about three key New York City holdings – an apartment building on the Upper East Side purchased in 2015, another Lower East Side building and Cohen’s Park Avenue home. From my own reporting, I’m pretty sure these are not Cohen’s only real estate holdings. But they’re key ones. According to the Bloomberg article, Cohen has at least $20 million in equity in the two major real estate holdings on the East Side. The apartment is likely worth around $8 million.
The taxi business is a very different matter.