Auction For Donald Trump's Childhood Home Postponed

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Oct 19, 2016, 04:39 ET

NEW YORK, Oct. 19, 2016 /PRNewswire/ -- Paramount Realty USA, an auction house specializing in real estate, announced today that its auction for Donald Trump's childhood home in Queens, which is scheduled for this evening, has been postponed.

The media coverage of the auction for the property, located at 85-15 Wareham Place in Jamaica Estates, has been significant, particularly leading up to tonight's planned auction. The sellers elected to postpone the auction in order to provide prospective bidders with more time to evaluate the property.

Officials from Paramount Realty USA said the auction will likely be held later this year after the election and would provide details regarding the new date and location on the company's website, www.prusa.com. The auction will be closed to the media, but bidders who wish to participate must bring a $90,000 bank check to the auction and purchase access to certain Due Diligence Information (also available at www.prusa.com) in advance of the auction.

SOURCE Paramount Realty USA