CityRealty recently took a closer look at if and how Donald Trump’s divisive rhetoric is affecting his real estate empire. They found that, despite how polarizing he is a presidential candidate, it’s unlikely that anything will change thanks to an established trust in his brand and the city’s current supply and demand status. But there’s at least one New Yorker who disagrees, and he’s taken a bold step to prove it.
The Wall Street Journal reports that liberal commentator Keith Olbermann has listed his Upper East Side condo in the Trump Palace for $3.9 million in opposition to the presidential candidate. Though he’s taking a loss on the listing price (he bought the 40th floor pad for $4.2 million in 2007, near the height of the market), he said “I feel 20 pounds lighter since I left… If they had changed the name of it to something more positive like Ebola Palace I would have happily stayed.”
Though photos of Olbermann’s two-bedroom spread haven’t been published yet, the listings says the apartment is approximately 1,750 square feet and features three outdoor spaces, a 60-square-foot terrace off the massive living room, a terrace off the dining room, and a balcony off the master bedroom. There’s a chef’s kitchen and tranquil master suite, and the dining room can be converted to a third bedroom.
As for Trump, he said in an email that Olbermann “is just trying to use ‘Trump’ to get publicity and stay relevant. The prices of Trump apartments are today, the highest they’ve been. When people find out he is leaving Trump Palace, prices will probably go up.” This is a sentiment echoed in the CityRealty story by Victoria Shtainer, a real-estate broker at Compass. She agrees that “There’s no bad publicity. If you put on CNN, Fox, NBC, all they talk about is Trump, Trump, Trump.” Regardless, Olbermann said that he feels “less morally icky” now that he’s left the apartment.
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Neighborhoods : Upper East Side