Letitia James has a tiger by the tail. She obviously found out a lot about Trump's finances during the inquisition and came to a penalty that she knew was not accessible in liquid funds.
She insists on extreme conditions and short terms for him to pay his fine that make it "impossible" to pay so she can now seize his assets.
Big problem 1: Should she seize Trump Tower [assuming it is owned, not brand franchised] she should not take possession and sit on it. If the money was not urgently needed she could have given Trump time to pay, in which case it must be put up for immediate sale. No way could she sell it without going to open tender so that should take 3 months at least. By then Trump will have a few $bill unencumbered truth social shares he can borrow against to buy his own property and then be funded to sue her ass off.
Big problem 2: If indeed the property is sold in a fire sale, EVERY property owner in NY will hate her guts. The city is going through a rough patch with high vacancy rates. No city property owner wants a valuable property sold at a discount in such a high profile case. Might even upset a few more truckers.
NY is becoming a pariah state. She should be careful.
