Economy

One of Donald Trump's Biggest Failed Investments May Be Back on the Market Again (VIDEO)

A tree farm is offering to pay the state of New York $10 million for Donald J. Trump State Park.

Photo Credit: Christopher Halloran/Shutterstock.com

The Donald J. Trump State Park is a 436-acre undeveloped state park located in Westchester County and Putnam County, New York. Trump donated the land in 2006 as a state park after his plans to develop the connected properties into a golf resort couldn't get the necessary permits. The property was never listed on the official State Parks website, and maintenance on it discontinued in 2010. 
 
Trump wrote the park off on his income taxes, since his name was displayed on the land. Due to his controversial presidential campaign and offensive remarks about minorities, 20 Democratic lawmakers have signed on to a bill requiring the state to strip the property of Trump's name.
 
Trump is fighting the “Anything But Trump Act” for the New York park, saying, "If they want, they can give me the land back."
 
Members of the team have called the park "a $100 million gift to the state." Talk about a failed investment!
 
The park remains largely undeveloped as of February 2016. Highland Hill Farm of Fountainville, PA has announced it will offer the state of New York $10 million for the land in order to develop it into a tree farm and nursery. 
 
Watch to see more of the Donald J. Trump State Park: 

Alexandra Rosenmann is an AlterNet associate editor. Follow her @alexpreditor.

Stay Ahead of the Rest
Sign Up for AlterNet's Daily Newsletter
+ sign up for additional lists
[x]
Select additional lists by selecting the checkboxes below before clicking Subscribe:
Rights & Liberties
Education
Drugs
Economy
Environment
Labor
Food
World
Politics
Investigation
Personal Health
Water
Media