I'm willing to contribute to buying some property at dirt cheap prices if anyone wants to pool some cash with me. So long as you agree that we use it to humiliate the fucker forever.
I've been saying for years that I want to see Trump Tower renovated to accommodate a ton of low income housing. Heck setup a soup kitchen and homeless shelter on a couple lower floors.
Hell, I bet E. Jean Carroll would help with funding that plan as well.
It goes up to auction and the price is what the highest bidder pays. You basically can't do a fire sale. Unless he's selling to a buddy and giving them a discount cough cough. But I think he's playing the propaganda card "it was worth this, but look what they made me do".
It's a high interest environment, so not the best time to be selling expensive property, especially if they were overvalued to begin with. Either way, unless the Saudis or some other country bails him out, he'll struggle to find buyers at the prices he assumes his properties are worth.