Backgrounder

More Details on Mr. Cohen

on April 26, 2018 in New York City.
NEW YORK, NY - APRIL 26: Michael Cohen, longtime personal lawyer and confidante for President Donald Trump, leaves the United States District Court Southern District of New York on April 26, 2018 in New York City. C... NEW YORK, NY - APRIL 26: Michael Cohen, longtime personal lawyer and confidante for President Donald Trump, leaves the United States District Court Southern District of New York on April 26, 2018 in New York City. Cohen and lawyers representing President Trump are asking the court to block Justice Department officials from reading documents and materials related to his Cohen's relationship with President Trump that they believe should be protected by attorney-client privilege. Officials with the FBI, armed with a search warrant, recently raided Cohen's office and two private residences. (Photo by Spencer Platt/Getty Images) MORE LESS
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April 27, 2018 11:08 am

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.

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