Donald Trump Turned Trump Tower Into "Least Desirable" Luxury Building in NYC

Type: Business FailuresMay 14 2019 Severity:

Donald Trump's flagship Manhattan property Trump Tower has become New York City's "least desirable" luxury building since he became President. A large majority of owners who've sold since 2016 have lost considerable amounts of money, with many being sold at a 20 percent loss or more. If that weren't bad enough, the total occupancy rate at the property has plummeted from 99% to 83%.

Main Source: bloomberg.com