An Illinois tax agency ruled the building was over-assessed in 2011. The refund would come out of property taxes owed the the city and other agencies.
The Portuguese soccer star bought the 2,500-square-foot pad for $18.5 million in 2015. He first put it on the market in 2019.
The former president's political operation has "dwindled to a ragtag team of former advisers who are still on his payroll," the New York TImes reported.
In 1988, Donald Trump bought an airline, but within 18 months, it lost over $125 million. We talked to three former employees of Trump Shuttle.
Block Club Chicago reported that ineligible hotel workers were vaccinated under a program meant to deliver vaccines to underserved communities.
Employees were vaccinated under "Project Chicago Plus," a program reserved for 15 "high-need" neighborhoods, Block Club Chicago reported.
Trump Tower, Trump International Hotel and Tower, 40 Wall Street, and Trump Plaza have missed lenders' earning projections, CBS News reported.
Gucci, the Trump Tower's biggest commercial tenant, has extended its lease for the building beyond 2026, The New York Times reported.
Former President Donald Trump has shifted money raised from campaign donors into the Trump Organisation. The organisation is heavily indebted, reportedly owing around $US400 million. Campaign donor money was moved both before and after Trump’s election loss, reported Forbes. Visit the Business section of Insider for more stories. Former President […]
Trump-branded Manhattan buildings have lost half their value since he first took office. Even properties that used to have the Trump name – but don’t anymore – have lost 17% of their value. “The Trump name is probably pretty radioactive right now,” realtor Mark Cohen told Insider. Visit Business Insider’s […]
Barbara Res, a real-estate executive who worked for President Donald Trump before he took office, said he once complained to her about seeing a Black construction laborer working on one of his buildings. “I don’t want people thinking Trump Towers are being built by Black people,” Res said Trump told […]
President Donald Trump is projected to be the eleventh incumbent president to lose his run for reelection. His marquee Trump Tower in midtown Manhattan has seen heavy security, protests, and political scrutiny during his time in power. In 2019, Bloomberg reported that the 238-unit condominium was New York’s “least desirable […]
Police in New York City closed off city blocks surrounding Trump Tower following news of Joe Biden’s presidential victory. Manhattan’s Fifth Avenue, along which Trump Tower is located, was left empty of cars, buses, bicycles, and people, except for police officers. Biden surpassed 270 electoral votes by flipping swing state […]
The United Steelworkers cast a Biden-Harris “batlight” on Chicago’s Trump Tower early Saturday. Since September, the union has been shining images on buildings after dark encouraging voter turnout among workers as part of a “batlight” tour. In 2014, the Trump Tower installed a huge “Trump” sign on its building that […]
A man was captured on video splashing red paint over the Black Lives Matter mural in front of Trump Tower on New York City’s Fifth Avenue. The man is seen on video wearing dark clothing and a face mask, and running away after dumping the paint. On Monday evening, Mayor […]
New Yorkers on Thursday morning painted “Black Lives Matter” on a street in front of Trump Tower on Fifth Avenue. President Donald Trump previously criticised the city’s decision, calling the mural a “symbol of hate.” New York Mayor Bill de Blasio took part in Thursday’s event and said the city […]
President Donald Trump called a Black Lives Matter mural set to be painted on Fifth Avenue outside Trump Tower “a symbol of hate.” The president also slammed New York City Mayor Bill de Blasio’s decision to reallocate $US1 billion of the police department’s annual operating budget to the Department of […]