And this one could be a whopper: Considering Harry Truman’s to buy the island for $100 million, which would be worth $1.4 billion today, didn’t go through, that price seems unlikely. Looking back to another time the U.S. made a big land investment–when it bought Alaska from the Russian Empire for $7.2 million in 1867—we hardly arrive at a realistic number, either. Now that was a deal, since it values the state at $130 million in current dollars or $220 per square mile.
The private real estate market may offer a more realistic starting point, though the untapped value of oil and mineral reserves would carry a premium, if the sellers are shrewd enough to ask for them. And since the property’s current owner, Denmark, and the Greenlandic people it subsidizes, have already saidSo take a look at Pebble. One of the largest privately owned islands in the world isAsking price: $1.
currently on the market for $1.33 million. Just 41 square miles, the island is orders of magnitude smaller than Greenland’s 836,330. But as part of the Falkland Islands near the South Pole it’s a pretty good comp. Pebble’s $32,000-a-square-mile list price, would make Greenland worth about $27 billion.In 1995, Trump acquired a ground lease on 40 Wall Street, a Manhattan office tower across the street from the New York Stock Exchange.
Plagued by a connection to Philippines’ authoritarian dictator Ferdinand Marcos, the building had been vacant for years. The president has claimed to have paid just $1 million for the ground lease, which runs through 2059. The actual purchase price was likely a bit higher, but it makes little difference. The building threw off $21 million in net income last year, andHis short-lived ownership of the Plaza Hotel, however, is a very different story.
“I think most New Yorkers were horrified at the thought of Donald Trump owning the Plaza thinking that he would glitz it up in his style and ruin that iconic building,” O’Donnell told CNN. “The more he heard that, the more he wanted it, and ultimately because of that, it wound up paying twice as much as the property was valued, and it went into bankruptcy after he bought it.”
samsharf Following the issues of NATO and climate change . will the united states use green land as a correction of the world climate change or a testing ground for nuclear arms
samsharf Maybe Mr. Trump should show us he can take care of the island we already have, Puerto Rico, before we let him buy another.
samsharf Taxpayers did very well with the Louisiana Purchase and that of Alaska, much better than with the bottomless pit called Puerto Rico which we did not purchase.
samsharf He can move there and pave it with gold!!!’
samsharf You Whant €€€€
samsharf :Where did he get such money to buy green land?It must be one of the most expensive place on earth. Not for sell to Trump.
samsharf MikePompeo
samsharf Please just stop with this nonsense.
he should move there 🤣
samsharf Perfect location for Safety Valve!
samsharf Truman thought of buying Greenland too. But, TRUMP!!!!!
samsharf That doesnt mean he can have it.
samsharf Hahaha forbes ur a sucker
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooNews - 🏆 380. / 59 Read more »
Source: Newsweek - 🏆 468. / 52 Read more »
Source: DEADLINE - 🏆 109. / 63 Read more »
Source: CNN - 🏆 4. / 95 Read more »
Source: YahooNews - 🏆 380. / 59 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »