June 1, 2016
When Donald Trump made an attempt to own the Empire State Building, he partnered with a foreign real estate investor, in this case from Japan. But it ended in a lawsuit and a public smear campaign before he ultimately sold back his stake. A similar turn of events surrounded his dealings with another high-profile Midtown building and related San Francisco tower; you may recall this quote from the day he announced his candidacy: "I beat China all the time. I own a big chunk of the Bank of America building and 1290 Avenue of the Americas that I got from China in a war. Very valuable." As the Times explains, the battle may not have gone down quite like the Donald says, with him schmoozing his way to the top and eventually waging a losing legal battle.
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