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How Screwed Is the Trump Hotel D.C.?
The former president is stuck with a money-losing monument to his administration’s graft, and so is Washington.
The hotel and its moat.
Alex Wong/Getty Images
For three years, the lobby of the Trump International Hotel Washington, D.C., was the hedonistic center of the MAGA-verse. The room glittered with chandeliers and the flashes of sabers slicing open Champagne bottles (prefaced by the ringing of a bell to draw eyeballs to the spectacle). Trumpworld luminaries like Corey Lewandowski and Sebastian Gorka schmoozed bar-side with established D.C. power brokers. Republican politicians on their way to backroom fundraisers stopped for selfies with star-struck customers swigging $9 Bud Lights. Proud Boys chatted up top presidential advisers.
February 20, 2018 12:38 p.m.
I want to share with you some notes I’ve been keeping about Tom Barrack, the man who is supposedly one of the President’s closest friends and confidantes as well as a friend of Paul Manafort. He had a big speaking role for Trump at the convention. He organized the inauguration. He’s a big person in Trump World. But the first thing to know about Barrack (pronounced ‘bare-rick’) is that he is the guy Donald Trump pretends to be: he is a fabulously successful and fabulously wealthy investor, developer and manager of real estate properties on a global basis. He operates what is essentially a private equity firm called Colony Northstar (formerly Colony Capital). This is what supposedly makes Barrack such a valuable sounding board for Trump: he doesn’t need Trump or his money. Trump is surrounded by clowns, frauds and phonies. But Barrack is, when it comes to global real estate/investor titans, the real deal.