Faisal Bin Abdul Majeed Al-Saud

March 27, 2018

Saudi prince wants Trump building’s ‘grossly disproportionate’ rent lawsuit thrown out

Trump Park Avenue LLC, a unit of President Trump's company, sued Faisal bin Abdul Majeed al-Saud in February claiming the Saudi prince signed a lease on the Manhattan condo at 502 Park Avenue in 2013 but hasn't paid rent since January 2017. Bloomberg reports that according to a complaint filed in New York State Supreme Court, the Trump Organization says the defendant agreed in June 2014 to extend his lease through June 2019. The defendant, on the other hand, says the landlord failed to comply with lease’s terms and is asking the judge to toss out a lawsuit seeking almost $2 million in unpaid rent, claiming that he gave back the keys to the penthouse last year.
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