The building has stunning Manhattan skyline views, its spa offers deep-tissue massages, and the fancy restaurant off the lobby serves prime steaks. Best of all, many apartments.
Still, Trump’s red-meat rhetoric and policies haven’t helped. Within a year into his presidency, hotels and condo buildings in Panama, Toronto and Manhattan that paid millions to use his name started stripping it off their facades.
After Trump was accused of whipping up the mob that stormed the Capitol on Jan. 6, things got really bad. Banks vowed not to lend to him, the PGA canceled a tournament at his New Jersey golf course, and New York City fired him as manager of a public course in the Bronx. Several brokers say many potential buyers won’t even look at Trump buildings now.
NEW YORK (AP) The building has stunning Manhattan skyline views, its spa offers deep-tissue massages, and the fancy restaurant off the lobby serves up prime steaks. Best of all, many apartments at the Trump World Tower are selling at a deep discount assuming the buyer doesn’t mind the name over the door.
Bargain hunters pounce as Trump condo prices hit decade lows
BERNARD CONDON, Associated Press
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1of8FILE - This Thursday, March 10, 2016 file photo shows the Trump International Hotel and Tower in Chicago. During the four years of Donald Trump s presidency, prices for condos in the building have dropped, down 34%, according to Gail Lissner, a managing director of consultancy Integra Realty Resources. That compares to a 6% drop in the same period for 65 other condo buildings downtown.Charles Rex Arbogast/APShow MoreShow Less
2of8Lane Blue sits for a portrait in a condo he bought in the Trump International Hotel Las Vegas, Saturday, May 22, 2021, in Las Vegas. They re giving them away, says Blue who paid $160,500 in March for a studio in Trump s Las Vegas tower, $350,000 less than the seller had paid in 2008. It was his second purchase in the building this year and may not be his last. I m thinking of picking up another one. John Locher/APShow