Probably put a reserve, that's pretty common, maybe just sell it outright without a bid for fire sale price. There will be an official appraisal like any other piece of property, but it won't be close to anything trump states. Like I said, don't really know how it will play out with the lien holders involved. Might even behoove NY to keep it for the income, but I doubt it. NY will own it and confiscate any income during time of possession though.
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