Trump’s high school is bankrupt, up for auction

[KamaAina]

http://www.washingtonpost.com/news/powerpost/wp/2015/09/16/trumps-high-school-is-bankrupt-up-for-auction/

The venerable New York Military Academy, whose most famous graduate — Donald Trump — could be president of the United States, will soon be no more.

The U.S. Bankruptcy Court in New York has ordered the “immediate sale” of the 126-year-old school, according to an ad in the New York Times on Wednesday spotted by our colleague Walter Pincus. The “minimum bid” is $9.5 million, the ad says, but we’re thinking it’s going to fetch a lot more.

After all, the prep school, which overlooks the Hudson River 60 miles north of the New York City and is just “minutes from West Point,” has a number of buildings on 77 acres, plus about 36 acres of vacant land next to it. (Seems like a perfect site for the Trump Presidential Library.)

The academy was at one time seen by New Yorkers as a place that straightened out rambunctious young boys and taught them how to take orders. (Hmmm. Apparently failed in Trump’s case.)

[Rosa Luxemburg]

1. He will be out of the race within the next few months and up for auction

I don't thing anyone will want him

[GP6971]

2. And my guess is

Trump did very little to financially assist the school

[KamaAina]

3. "Seems like a perfect site for the Trump Presidential Library."

Or tRump University.

[GP6971]

4. It's a very

beautiful campus....prime real estate. It will be interesting to see if Trump is an auction bidder. He bids high, gets the prime real estate and then develops it.

NYMA wasn't always known as a school to straighten out kids......I would say that came about starting in the 60's. Prior to that they proudly considered themselves the "unofficial prep school" for West Point.