Bargain-hungry bidders snatched up 35 luxury condominiums at Donald Trump's Trump Plaza of the Palm Beaches, bringing in more than $8 million at an auction ordered by the beleaguered tycoon's lenders.
The top draw in Sunday's auction was a 32nd floor penthouse that went for $720,000 - down from the original asking price of $1.8 million. The lowest successful bid was $180,000 paid for a condo originally priced at $300,960.The auction, conducted at the swank oceanfront Breakers resort, brought in more than $8 million in a little more than two hours.
Trump attended but kept a relatively low profile.
Minimum bids started at $150,000, about 50 percent below the original asking price.
Successful bidders were reimbursed for the round-trip domestic airfare to Palm Beach.