Sunday, April 21, 2024

His last source of personal income is drying up

Residents at Trump Plaza, a 40-story high-rise in the suburban New York city of New Rochelle, are pushing for the building to be renamed and to escape a near-two decade association with the legally-troubled ex-president and real estate mogul.

It would follow the slew of buildings in New York City and elsewhere that have abandoned the Trump name since he entered politics, as Trump has become a divisive, much-loathed figure by liberals even as he is loved by his fans.

Owners of Trump Plaza apartments – there are 194 units – are in the middle of a vote which would further erase Trump’s name.

[...]

In February the New York Times reported that after Trump became president the value of apartments in buildings bearing his name had underperformed market value. Buildings which had stripped the Trump name had seen their value shoot back up.

[...]

Trump also lost the rights to manage two ice rinks and a 57-horse carousel in New York, as his image became increasingly toxic. For decades Trump lived in his eponymous tower in Manhattan, but the building became the subject of frequent protesters after he was elected president.

  Guardian
...but hey, do what you want...you will anyway.

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