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New York City Real Estate

Real Estate
Trump Tower Now One Of NYC's Least Desirable Luxury Buildings, Report Says Trump Tower Now One Of NYC's Least Desirable Luxury Buildings, Report Says
Trump Tower Now One Of NYC's Least Desirable Luxury Buildings, Report Says There has been a mass exodus out of Trump Tower in recent years, making it one of the least desirable luxury properties in Manhattan, according to a new report. Bloomberg News reported this week that the 36-year-old building “has been turned into a fortress,” since Trump took over in the Oval Office, with entrances partially blocked and the president’s name turning off liberals in Manhattan. According to reports, condo owners have been cashing out, with many selling at a 20 percent loss to get out of the building. Less than one percent of homes in Manhattan have sold for a loss in the past …

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by Zak Failla