General Discussion

kentuck

(111,110 posts) Wed Oct 26, 2016, 09:52 AM Oct 2016

Trump's new hotel between White House and Congress on Pennsylvania Avenue?

How long before he sells it to the Russians?

It would be a great location to set up a spy operation, don't you think?

Only a fool would trust Donald Trump.

5 replies

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Trump's new hotel between White House and Congress on Pennsylvania Avenue? (Original Post) kentuck Oct 2016 OP

He can't sell to the Russians OneBlueDotBama Oct 2016 #1

Yep. For sixty years! kentuck Oct 2016 #2

that's trump in a nutshell ( or a shell game ) spanone Oct 2016 #3

funny you mention that. This article about the ribbon cutting had a peculiar ending: Raine1967 Oct 2016 #4

OneBlueDotBama

(1,385 posts)

1. He can't sell to the Russians

Reply to kentuck (Original post)

Wed Oct 26, 2016, 09:54 AM

Oct 2016

It is leased from the Federal, Gov, he doesn't own it.
I'm sure within a year he will default and another hotel chain will pick up the pieces.

kentuck

(111,110 posts)

2. Yep. For sixty years!

Reply to OneBlueDotBama (Reply #1)

Wed Oct 26, 2016, 10:06 AM

Oct 2016

https://www.buzzfeed.com/aramroston/how-donald-trump-won-control-of-a-prized-dc-landmark?utm_term=.sdNyZbGJz7#.qvVl17vdK4

<snip>
Trump won the bid largely because of two grand promises, three of the sources said.

Trump promised to employ the architect who had, over decades, championed the building’s careful, historic restoration. And he promised the involvement of a multibillion-dollar real estate investment firm with a rock-solid financial reputation.

After Trump’s team got the nod from the GSA, however, it reversed itself on both these promises.

It announced that the architect would no longer be involved. And it informed the government that it would no longer be working with the real estate investment firm. To finance the construction, Trump borrowed $170 million from a bank, putting the federal lease on the property up as collateral.

spanone

(135,886 posts)

3. that's trump in a nutshell ( or a shell game )

Reply to kentuck (Reply #2)

Wed Oct 26, 2016, 10:07 AM

Oct 2016

Raine1967

(11,589 posts)

4. funny you mention that. This article about the ribbon cutting had a peculiar ending:

Reply to kentuck (Original post)

Wed Oct 26, 2016, 10:14 AM

Oct 2016

http://www.thedailybeast.com/articles/2016/10/26/donald-trump-s-plan-b-sell-trump-branded-stuff-is-now-his-plan-a.html

A few seats away from the Buckley-ite at the bar Tuesday night, another gentleman sat with his younger, heavily made-up date, who scrolled through her glitter-encased iPhone looking at her own selfies while he yammered on, ordering champagne, tasting it, and then asking for a different one.

The chairs, she remarked, were “so slutty.”

The man introduced her to the bartender with a smirk. “This is my cousin,” he said, remarking that he’d been in the previous night with a different cousin. “I have a lot of cousins.”

The man, the woman and the bartender all laughed. “They don’t know the sort of clientele they’re gonna get here,” the man said.

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