Donald Trump’s NYC buildings are far less valuable than other luxury towers

New condos in luxury buildings sell for significantly more than Trump-branded properties Since Donald Trump was elected president in 2016, real estate rubberneckers have wondered if there would be some sort of “Trump effect” on his residential properties —either a boost in sales, or a dip in popularity . According to a new report, the latter appears to have happened since Trump took office. A new analysis by CityRealty found that prices at the Trump Organization’s residential properties in New York City have been significantly outpaced in the past year by those at newer, shinier luxury buildings, such as 15 Central Park West (which is just a few blocks from the Trump International Hotel and Tower) and 432 Park Avenue (situated near the original glitzy Trump property, his eponymous Fifth Avenue tower)

Read the original ... Donald Trump’s NYC buildings are far less valuable than other luxury towers

Leave a Reply