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.
220 riverside boulevard
real estate trends
As the election nears, sales at Trump buildings decline, Fri, October 28, 2016
Celebrities, Upper West Side
Board shoots down residents’ petition to rename Trump Place, Fri, October 21, 2016
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.”