A failed deal to redevelop the former Charleston Naval Hospital pitched by Donald Trump Jr. lands in bankruptcy court this week and the settlement could cost county taxpayers $33 million to buy the building and 24 acres of land, the Associated Press reported on Friday. A U.S. bankruptcy judge in Charleston could decide today whether to let Charleston County officials buy the property rather than honor a long-term lease. The county had signed a 25-year lease to become anchor tenant in the project in which Trump Jr. was a minority investor. The lease carried an annual cost starting at $1.2 million. The county ended up pulling out of the deal in 2016, saying that the building wasn’t ready. The property was foreclosed upon last year.
