Interesting.

Soaring Eagle 74

Freshman
Jan 4, 2008
22,888
69
0
“Since Donald Trump was elected president, occupancy rates at his namesake luxury property in Manhattan have plummeted, as the building has become one of the least desirable in New York City.

Trump Tower has experienced an occupancy rate drop from 99 percent to 83 percent since 2012, according to a report published by Bloomberg on Tuesday. The building's vacancy rate is about twice the average for buildings in Manhattan.

Property records obtained by the news outlet show that more than a dozen condos have been sold since the 2016 election. According to transaction records from nine of the condos, eight of the units were sold at an inflation-adjusted loss.

"No one wants in that building."”
 

WVUBRU

Freshman
Aug 7, 2001
24,731
62
0
Regardless of one's opinion of Trump, who would want to be in that building? The security presence has to be overly intrusive. There is nothing that can be done about it.
 

Airport

All-American
Dec 12, 2001
86,295
6,999
113
Regardless of one's opinion of Trump, who would want to be in that building? The security presence has to be overly intrusive. There is nothing that can be done about it.
Maybe he can give free phones to all renters.[cheers]
 

Pospecteer

All-Conference
Dec 8, 2006
36,502
3,161
113
“Since Donald Trump was elected president, occupancy rates at his namesake luxury property in Manhattan have plummeted, as the building has become one of the least desirable in New York City.

Trump Tower has experienced an occupancy rate drop from 99 percent to 83 percent since 2012, according to a report published by Bloomberg on Tuesday. The building's vacancy rate is about twice the average for buildings in Manhattan.

Property records obtained by the news outlet show that more than a dozen condos have been sold since the 2016 election. According to transaction records from nine of the condos, eight of the units were sold at an inflation-adjusted loss.

"No one wants in that building."”

My son has clients in Trump Tower, when he is in town, the place is a mess. Reality is, the Hudson Bay project is going to shift the "city center" away from the Broadway area. That is where all of the money to going too. Even in NYC building's devalue when a more upscale area gets built.