The executive vice president of the Trump Organization is in the lobby of the building.
A new report says that prosecutors in New York have issued new subpoenas for records on former President Donald Trump's properties as part of an ongoing criminal probe of his business.
The Trump Organization's chief operating officer, Matthew Calamari, was recently told by prosecutors in the Manhattan District Attorney's office that they do not plan to indict him, according to his lawyer.
The New York Times reported that investigators from the district attorney's office are looking at the accuracy of Trump's statements about the value of his company's real estate assets.
Trump was accused of inflating the value of his assets and overstating his personal wealth in financial documents for potential lenders by his former personal attorney, Michael Cohen. Experts said that testimony raised questions about possible fraud.
The Trump Organization and its CFO, Allen Weisselberg, were charged with crimes related to an alleged scheme to avoid paying taxes on executive compensation.
The Times reported that prosecutors had been considering charges against Calamari.
Nicholas Gravante told CNBC that there was no intention to bring charges against Mr. Calamari. We believe that is the right decision.
The future of the District Attorney's continuing investigation is anyone's guess. We are pleased that the considerations raised on Mr. Calamari's behalf have not been ignored.
Matthew Calamari Jr. was called to testify before a Manhattan grand jury, which is hearing evidence behind closed doors.
Gravante told NBC News that if the elder Calamari is subpoenaed to testify, he will.
The new developments come as Trump, the defacto leader of the Republican Party despite losing the 2020 election to President Joe Biden, openly signals he could run for president again in three years.
According to the Times, the new subpoenas from the prosecutors include requests for records about Trump's hotels, golf clubs and office buildings.
The Times reported that investigators interviewed aDeutsche Bank employee who lent hundreds of millions of dollars to Trump.
Danny Frost was unwilling to speak to CNBC.
The office of New York state Attorney General Letitia James was involved in the probe.
