Trump Tower Is Now One of NYC’s Least-Desirable Luxury Buildings

[signalmankenneth]

Trump Tower, once the crown jewel in Donald Trump’s property empire, now ranks as one of the least desirable luxury properties in Manhattan.

The 36-year-old building has been turned into a fortress since Trump won the presidency, ringed with concrete barriers and the two main entrances partially blocked off. It hasn’t been substantially updated in years. And Trump’s name has been a huge turnoff in liberal New York City.

For anyone who owns a unit in the tower, the past two years have been brutal. Most condo sales have led to a loss after adjusting for inflation, property records show. Several sold at more than a 20% loss. By contrast, across Manhattan, just 0.23% of homes over the past two years sold at a loss, according to real-estate data provider PropertyShark, although the firm doesn’t adjust for inflation.

https://www.bloomberg.com/news/artic...s?srnd=premium

[evince]

Russia will likely supplement the losses for trumpy

[Micawber]

The Trump presidency was an absurdly stupid marketing campaign. How could these fools not know that everyone
would learn what a reprehensible scoundrel and dolt Trump is through this. NYC already knew, but his dumb went global.

Moron torched his own brand.

[Truth Detector]

Trump Tower Is Now One of NYC’s Least-Desirable Luxury Buildings

Is there a point here; other than whiny TDS laced bullshit?

[Truth Detector]

Russia will likely supplement the losses for trumpy

[Micawber]

Poor Uncouth Dejackulator. Stupid on auto pilot

[Grokmaster]

Trump Tower, once the crown jewel in Donald Trump’s property empire, now ranks as one of the least desirable luxury properties in Manhattan.

The 36-year-old building has been turned into a fortress since Trump won the presidency, ringed with concrete barriers and the two main entrances partially blocked off. It hasn’t been substantially updated in years. And Trump’s name has been a huge turnoff in liberal New York City.

For anyone who owns a unit in the tower, the past two years have been brutal. Most condo sales have led to a loss after adjusting for inflation, property records show. Several sold at more than a 20% loss. By contrast, across Manhattan, just 0.23% of homes over the past two years sold at a loss, according to real-estate data provider PropertyShark, although the firm doesn’t adjust for inflation.

https://www.bloomberg.com/news/artic...s?srnd=premium

Miss this? FROM YOUR LINK:

" Trump Tower regularly produces an annual profit for its namesake. Last year, the building generated $10 million in net cash flow, after taking into account its annual $4.3 million interest payment on the loan, according to Trump Organization disclosures.":



Meanwhile...the FULL STORY, which , of course the FAKE NEWS/LYING LEFT NEGLECTS TO TELL:


Manhattan real estate closes 2018 as worst year since the financial crisis

Manhattan home sales fell 14 percent last year, the industry’s steepest drop since 2009, according to new data.

In the fourth quarter, the median price for an apartment in New York City fell below $1 million for the first time in three years.

The decline in sales in the fourth quarter was the fifth-straight quarterly drop.





https://www.cnbc.com/2019/01/02/manh...al-crisis.html



LOOKS LIKE TRUMP IS DOING FINE, AFTER ALL.....

[evince]

what business person would want people to know they live in Trumpy tower


people would stop doing business with you

[Micawber]

" Trump Tower regularly produces an annual profit for its namesake. Last year, the building generated $10 million in net cash flow, after taking into account its annual $4.3 million interest payment on the loan, according to Trump Organization disclosures.":

I bet he paid no taxes on it either...while hiring illegals...

[Truth Detector]

The Trump presidency was an absurdly stupid marketing campaign. How could these fools not know that everyone
would learn what a reprehensible scoundrel and dolt Trump is through this. NYC already knew, but his dumb went global.

Moron torched his own brand.

The only brand being torched here is the Party of the Jackass. If you had an IQ above room temperature you could comprehend the OBVIOUS. Meanwhile, the economy is doing great, much better than during Obamunism, more people are employed, wages are going up, Americans are keeping more of what they earn, minority employment is the best it has been in 50 years and Trump is holding despotic regimes like China and NK accountable.

But hey, I get it. Liberals love losing, love despots, tyrants and dictators and hate America.

[Truth Detector]

Poor Uncouth Dejackulator. Stupid on auto pilot

Yes, you are poor, you are uneducated, you are repugnant and uncouth, and yes, you cry on auto pilot. Yay you!

[Centerleftfl]

The Trump presidency was an absurdly stupid marketing campaign. How could these fools not know that everyone
would learn what a reprehensible scoundrel and dolt Trump is through this. NYC already knew, but his dumb went global.

Moron torched his own brand.

Letters of “Trump” family name being removed from NYC building.

THE BUILDING’S CONDOMINIUM BOARD ANNOUNCED THE DECISION THURSDAY, ACCORDING TO AN EMAIL TO BUILDING OWNERS OBTAINED BY THE WASHINGTON POST. THE EMAIL SAID THAT, AFTER A VOTE OF THE BUILDING’S CONDO OWNERS.

[Truth Detector]

what business person would want people to know they live in Trumpy tower
people would stop doing business with you

I am always amused when lying, TDS filled liberals think everyone is WITH them.

[Grokmaster]

I bet he paid no taxes on it either...while hiring illegals...

Awww….is it upset that the mean old Twump is still doing better than nearly every other developer in Manahattan? <sniff!> ..Need a tissue?

[Truth Detector]

I bet he paid no taxes on it either...while hiring illegals...

I bet you are wrong and lying. Par for the course with hate filled, Fascistic leftist lunatics like you.