View the full letter from the town's attorney below: Trump purchased Mar-a-Lago for $10 million in 1985 from the estate of Marjorie Merriweather Post, the owner of General Foods. The 126-room mansion had deteriorated after her death in 1973, when she left it to the U.S. government as a possible presidential vacation home. The government gave it back in 1981. After Trump bought it, he spent millions upgrading the property while living there part-time. By the early 1990s, however, Trump was in financial distress. Real estate prices dropped and several of his businesses flopped, including a New ...