Donald Trump

December 14, 2016

Ivanka Trump puts her stodgy Park Avenue pad up for sale, asks $4.1M

It looks like America's next first daughter—and quasi-first lady—is looking to slim down her real estate holdings. As Luxury Listings NYC first reports, Ivanka Trump has just listed her apartment at 502 Park Avenue for $4.1 million. The somewhat bland spread hosts two bedrooms and two baths and is outfitted in a palette of cream and powdery blue hues. Although one might think the sale has something to do with her father's recent presidential victory—as not even two weeks ago, CNN reported that she and husband Jared Kusher were house hunting in Washington D.C.—Ivanka, in fact, also owns one the building's penthouses, which she bought for $16 million nearly six years ago. It's also been no secret that the Trump/Kushner brood has been mulling a move into the Puck Penthouses, one of Jared's beautiful ultra-luxe developments.
have a closer look inside
December 7, 2016

Congress will only cover $7M of NYC’s $35M Trump security bill

Just two days after Mayor de Blasio formally requested $35 million in federal funding to cover security at Trump Tower for the 73 days from the November 8th election to inauguration day on January 20th, republicans in Congress decided to earmark a mere $7 million towards protecting the President Elect while he's in the Big Apple. Of the pending decision, the Mayor said, "NYC taxpayers shouldn’t be on the hook for 80 percent of the national bill to protect Trump Tower. DC must step up to pay us back what we’re owed," reports the Post.
The full scoop
December 2, 2016

Officials launch petition to have federal government pay for Trump Tower security, not New Yorkers

City Council Speaker Melissa Mark-Viverito and Council Member Dan Garodnick won't have New York City shafted with the bill for “White House North.” The pair have launched a petition demanding that the federal government pony up whatever cash is needed to keep Trump Tower secure during the president-elect's term of office. As 6sqft previously reported, Trump hopes to spend weekends and even some weeknights at the Midtown tower over the next four years, particularly as wife Melania will stay put until son Barron finishes school—and more simply because Trump likes waking up in his own bed. It has been estimated that turning Trump Tower into a 24/7 armed fortress will cost New York City taxpayers $1 million a day, and the total bill over the president-elect's four-year term could swell beyond $1 billion.
more details here
November 28, 2016

Taxpayers could be footing $3M annual bill to move Secret Service into Trump Tower

Plans are underway to turn what the New York Times calls “White House North” into an armed bunker as the president-elect’s family defers D.C.. As 6sqft reported last week, Donald Trump has said he'd like his family to remain in Trump Tower, though the gilded Fifth Avenue fortress that Trump, wife Melania and son Barron call home is particularly difficult to secure. The round-the-clock protection the family has been receiving from the NYPD has come at a cost to the city of over $1 million a day. Now, the New York Post reports that the Secret Service is in talks with the Trump Organization over plans to occupy two floors of the 68-story tower. It's standard policy for the federal agency to provide full protection for every president at their various homes–it cost around $2 million a year for the U.S. Coast Guard to protect George H. W. Bush’s estate in Kennebunkport, Maine during his presidency, for example. But in this instance taxpayers would be paying the incoming president's own company for the space in a lease deal which could cost more than $3 million a year.
Wait, what??
November 28, 2016

Spotlight on Jared Kushner, real estate wunderkind and unexpected presidential advisor

Our newest president’s right hand man got his start—much like Donald Trump—as a New York real estate developer. Kushner Companies is a private family real estate company now run by Jared Kushner, husband of Ivanka Trump and son of Charles Kushner, who founded the firm in 1985. Kushner, as Donald Trump’s son-in-law, was an early […]

November 22, 2016

It costs NYC more than $1M a day to protect Donald Trump

Though part of Fifth Avenue will remain open in front of Trump Tower, the overall logistics of securing the area surrounding the building are still a bit of a nightmare for the NYPD and Secret Service, who must deal with traffic snarls, protests, security checkpoints, and angry pedestrians. If this wasn't enough of a cause for concern, CNN Money reports that the cost of protecting Donald Trump is more than $1 million a day, a figure that won't decrease any time soon since the president elect claims he'll spend weekends in his penthouse and Melania and Barron will continue to live there until the end of the school year. Plus, all of Trump's adult children and grandchildren live in the city and are therefore entitled to Secret Service protection.
More details
November 21, 2016

Fifth Avenue shutdown won’t happen even though Trump’s family will stay put

Between swarms of protestors outside the building and Donald Trump's claims that he'll spend weekends at his penthouse, the NYPD has spent the last week mulling a shutdown of Fifth Avenue in and around Trump Tower. And even though Melania and ten-year-old Barron will remain in the 24-karat gold-covered triplex instead of moving to the White House, Mayor de Blasio announced that the stretch of the Avenue in front of the building will remain open to vehicular traffic, adding that, "We have never had a situation where the president of the United States would be here on such a regular basis. But the N.Y.P.D. is up to the challenge, and the City of New York is up to the challenge."
And it's quite the challenge
November 16, 2016

Starchitect Frank Gehry may self-exile to France now that Trump’s been elected

Outspoken starchitect Frank Gehry is taking the whole "I'm moving if Trump wins" thing quite literally. The Canadian-born, LA-based architect told French paper La Croix just before the election that President Francois Hollande assured him he could go into exile in France if Trump became president. But as ArtNet points out, a possible relocation may have more to do with a personal beef than political leanings. In 2010, Gehry's 8 Spruce Street surpassed Trump World Tower as the city's tallest residential building, and we know how feisty the Donald gets when it comes to size...
The rest of the story
November 16, 2016

VIDEO: Go inside Donald Trump’s personal office in Trump Tower

Donald Trump has already made it clear that he hopes to ditch convention and spend weekends in his Trump Tower penthouse during his presidency (despite the unprecedented traffic snarls and security issues it'll cause). In addition to sleeping in his own bed, this will allow him to work out of his personal office. The 26th floor space is covered in awards, sports memorabilia, family photos, and an unsurprisingly narcissistic collection of magazines with yours truly on the cover. Business Insider uncovered two videos from last year--one from the Washington Post, one from the Wall Street Journal--where Trump provided tours of the office, and it looks like our next president may be working on international politics with one of Shaquille O'Neal's sneakers sitting next to him.
Watch both videos here
November 15, 2016

Upper West Side buildings to dump Trump name following petition

“The building is beautiful, the service is impeccable,” Marjorie Jacobs, a resident of the Upper West Side complex currently known as Trump Place told Bloomberg in October, “But the name is very embarrassing." An outcry by similarly-minded residents and a petition have culminated in the decision to remove the president-elect's name from the buildings and instead name them according to their street addresses at 140, 160 and 180 Riverside Boulevard, reports Crains.
Find out more
November 15, 2016

Officials contemplate 5th Avenue shutdown whenever Donald Trump is in town

If you thought it was inconvenient whenever President Obama came to town, under a Trump presidency, things are going to get much worse. The Daily News reports that law enforcement officials are mulling a shutdown of 5th Avenue whenever the president-elect decides to stay in his penthouse in Trump Tower. As many know, the area is one of the busiest commercial hubs in the Manhattan, a mix of mid- and high-end retailers, paying top rents and pulling in millions of tourists annually. Moreover, it is also home to thousands of New Yorkers, a handful of which who live in Trump Tower and are already fed up with the disturbances that have emerged as of late. Immediately after the 2016 election results were announced, Trump Tower was swarmed by protestors—and guards wielding heavy ammunition.
what this could mean here
November 15, 2016

#NotMyAIA: Architects reject AIA statement pledging to ‘work with’ Trump

. The American Institute of Architects (AIA) issued a statement last Wednesday pledging that "The AIA and its 89,000 members are committed to working with president-elect Trump to address the issues our country faces, particularly strengthening the nation's aging infrastructure." The statement issued by organization chief Robert Ivy assured that the country's architects would help the incoming president and congress with construction industry-related matters: "During the campaign, president-elect Trump called for committing at least $500 billion to infrastructure spending over five years,” said Ivy–possibly providing an imperative for the message. But that does not appear to be reason enough for members, who say they do not necessarily "stand ready to work with him and with the incoming 115th Congress.” A swift and indignant backlash led to an apology by Ivy released early this week.
Read on
November 14, 2016

Trump hopes to spend weekends in NYC at Trump Tower during presidency

It appears that Donald Trump missed the memo that being President is a round-the-clock job, not a 9-5 gig. As the Times reports, the president-elect has been asking aides how many nights he'll have to pass in D.C., and whether or not he'll be able to stay in his 5th Avenue penthouse on weekends. "He has told them he would like to do what he is used to, which is spending time in New York when he can," writes the paper. During the campaign, Trump would often forgo local hotels, opting instead to fly to NYC late at night just so he could sleep in his own bed.
find out more here
November 11, 2016

Trump Tower residents are sick of protestors; problem unlikely to improve

Since Donald Trump announced his run for office, Trump Tower, where the President-elect both lives and keeps his political headquarters, has been a hotspot for protestors. While in the past few months, inconveniences haven't escalated far beyond anti-Trumpers stopping by to give the building the finger, after the 2016 election results were announced, it's become veritable zoo outside the 5th Avenue tower as thousands have convened to denounce (and to be sure, support) a Trump presidency. The situation has become a major disruption for residents of the luxury skyscraper who are now annoyed with the crowds. As The Post so fittingly writes, "It’s not so easy being a member of the 1 percent if you live at Trump Tower."
more on the complaints here
November 11, 2016

Headed for auction, Trump’s childhood home could fetch Queens couple $10M

A divorcing couple in Jamaica Estates, Queens just got something new to fight over: proceeds from the sale of their relatively modest six-bedroom Tudor home at 85-15 Wareham Place, which will head for the auction block in the first week in December. The house, which the estranged couple tried to sell for $1.65 million, chopped to $1.2 million, then pulled from the market, just happens to be where President Elect Donald Trump spent his terrible twos, and is expected to fetch at least 10 times that ask at auction, according to the New York Post.
A rising Trump floats at least one boat
November 10, 2016

Subway Therapy let thousands of New Yorkers leave their election grief on Post-it notes

In addition to last night's anti-Trump rallies, the 14th Street-6th/7th Avenue subway tunnel was transformed into a post-election grieving center of sorts. Here, the artist Levee installed a temporary art installation called Subway Therapy that was a colorful collection of thousands of Post-it notes on the wall where people wrote in their feelings. "Because of how stressful the last couple of days were, I thought it would be nice to have something that people could do really quickly so they could maybe get something off their chest," Levee told ABC7.
See more photos of the installation
November 10, 2016

Real estate industry likely to benefit from a Trump presidency

The city's real estate industry isn't too worried about a Donald Trump presidency. Real estate insiders feel that the man whose family's fortune was made in the industry and padded by its favorable tax breaks, foreign investments and still-rising market will be unlikely to bite the hand that has fed it so well, Crains reports.
Loopholes safe; affordable housing not so much
November 10, 2016

‘Not my president’: Thousands join Anti-Trump protests across New York City

Demonstrations broke out across the country yesterday evening as hundreds of thousands gathered to protest the election of Donald Trump for president. NYC itself was largely activated by two groups, Socialist Alternative and Answer Coalition, who used social media to call upon New Yorkers to gather at Union Square and Columbus Circle, near Trump International Tower. Thousands of participants held signs emblazoned with a swath of issues now under threat, from LGBT to Black Lives Matter to the environment. Chants like "Not my president!" "Trump Makes America Hate" and "Don't Lose Hope" rang through the streets as protestors marched through Midtown to convene at Trump Tower. Among the crowds, however, were also Trump supporters who showed up to celebrate the victory.
more photos from the demonstrations
November 9, 2016

Anti-Trump protests planned in Union Square and Columbus Circle, tonight

After nearly two years of controversial campaigning, countless protests and seemingly endless division, Donald Trump has been elected the 45th president of the United States. While many Americans are either celebrating the win or reeling at its results, some still have some fight left in them—or at least a protest. Socialist Alternative is planning just that Wednesday […]

November 8, 2016

Don’t miss your $23M chance to be Donald Trump’s downstairs neighbor

This "yuge" Trump Tower penthouse hit the market back in October 2015, but its $23 million price tag and location just a few floors below Donald Trump's personal residence have apparently not been the biggest selling points. As 6sqft previously noted, the sprawling (albeit gaudy) condo was once owned by the Donald himself, back when his parents lived there and when he reportedly rented it out for $110,000 a month to buddy Michael Jackson and then-wife Lisa Marie Presley. But if you're still itching to be neighbors with the presidential candidate, it's not too late.
Take a look around
October 28, 2016

As the election nears, sales at Trump buildings decline

Now that we're nearer to the election, and since the negative press surrounding all things Donald Trump has come to a head, things are starting to crumble for his real estate empire. Not only did his personal hotel brand decide to drop his moniker, but a group of Trump Place tenants even went so far as to petition their board to remove his name from their buildings. A report out today in the Times takes a closer look at how sales are declining, and data from CityRealty confirms that from 2015 to 2016, there was a 17 percent decrease in the number of sales at Trump condos.
Find out more this way
October 27, 2016

20 years ago, the city told Donald Trump he couldn’t put his name on the Columbus Circle globe

These days, New Yorkers are going to great lengths to get Trump's name off their buildings, and even his company itself has personally shed his moniker from their hotel brand amid declining bookings. But back in the '80s and '90s, the Donald would freely slap his name on just about anything he wanted. That is until 1996, when the Giuliani administration (sense the irony here?) denied his request to brand the giant globe outside the Trump International Hotel & Tower. The Times recently got its hands on a 20-year-old City Planning Department memorandum that outlines how the agency deemed any lettering on the sculpture illegal.
Get the full story
October 21, 2016

Board shoots down residents’ petition to rename Trump Place

Add to the list of folks who want absolutely no association with this year's inflammatory Republican presidential nominee: the residents of Trump Place. According to the LA Times, a number of Trump Place tenants had been quietly petitioning to have The Donald's name removed from their entrance at 220 Riverside Boulevard. As one embarrassed resident told the paper, “I used to tell people I lived in Trump Place. Now I say I live at 66th and Riverside Boulevard.” Another said it’s “annoying” that he “always has to defend it to friends.”
Find out more here
October 19, 2016

Trump’s Wollman Ice Rink and Bronx golf course were more personal gain than public good

Photo via Flickr cc Though few would deny that Donald Trump enjoys placing himself in the spotlight, WNYC reports that the Republican presidential nominee has a history of claiming to save the day on public projects when it turns out that he didn’t hold up his end of the bargain, and the city ended up holding the bag. Among his supporters, Trump has a reputation for stepping in to rescue abandoned city projects, a favorite example being Central Park’s Wollman Ice Rink. About thirty years ago, the rink had fallen into disrepair and had sat unused for six years due to the city’s inability to find the funds or move past the red tape involved in fixing it. Trump brought his “get it done” attitude to the project, offering to help fix the rink. In 1986, the city agreed to let him lend a hand. Though Trump completed the repairs on time and under budget, the rink repair job wasn't the act of philanthropy–nor the ongoing financial bonus for the city–that the candidate claims it was.
So what's the real story?
October 17, 2016

Amid declining bookings, new Trump hotel brand drops his name

Though sales at Donald Trump's Manhattan residential buildings are still selling at a premium, national real estate and business at his hotels are different stories. Politico reports that the Trump Organization--the umbrella under which all his self-branded ventures fall, from his clothing line to golf courses--has dubbed its newly launched hotel line Scion, clearly void of his moniker, but meaning "descendant of a notable family." Trump Hotels CEO Eric Danziger said in a press release, "We wanted a name that would be a nod to the Trump family and to the tremendous success it has had with its businesses, including Trump Hotels, while allowing for a clear distinction between our luxury and lifestyle brands." Though this may be true, it may also have something to do with the fact that, according to travel company Hipmunk, hotel bookings at Trump properties were down 58 percent in the first half of the year.
Find out more