Home - CBSNews.com | Developer scraps Trump Tower Australia plans, citing Iran war

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The $1.1 billion Trump International Hotel and Tower planned for the Gold Coast, Australia, has been cancelled after the developer, Altus Property Group’s CEO David Young, said the Iran war made the Trump brand “toxic” to Australians, prompting the Trump Organization to end the deal and accuse Young of financial defaults; Young denied the accusations, insisting the termination was purely business‑related and not personal, while noting the project could proceed without the Trump name—additionally, a local petition opposing the development has amassed over 140,000 signatures, reflecting widespread discomfort with the Trump brand.

Read more: https://www.cbsnews.com/news/trump-tower-australia-scrapped-developer-says-iran-war-trump-brand-toxic/

#DavidYoung #AltusGroup #TrumpOrganization #TomTate #EricTrump #TrumpTower #

The Daily Beast Latest Articles | ‘Toxic’ Trump Tower Deal Goes Up in Flames in Ally Country by Cameron Adams

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The proposed 91‑story Trump Tower in Surfers Paradise on Queensland’s Gold Coast – touted as Australia’s tallest building and featuring luxury apartments priced around $2.5 million – has been cancelled after developers cited the “toxic” Trump brand, heightened Middle‑East tensions and Donald Trump’s damaged reputation, while the Trump Organization blamed Altus Property Group for failing to meet licensing obligations and basic financial commitments; over 120,000 Australians signed petitions against the project, and the tower’s removal from the Trump Organization’s website underscores that the venture will not proceed for now.

Read more: https://www.thedailybeast.com/toxic-trump-tower-deal-goes-up-in-flames-in-ally-country/

#TrumpTower #EricTrump #Altus #TrumpOrganization #DonaldTrump #DavidYoung

BBC News | Plans for Australia's first Trump Tower scrapped due to 'toxic' brand, developer says

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Plans for a A$1.5 billion Trump Tower on the Gold Coast—promised as Australia’s tallest building at 335 m with 285 hotel rooms, 272 luxury apartments, shops, restaurants and a beach club—have been abandoned after the developer Altus Property Group deemed the Trump brand “toxic” amid the Iran‑Ukraine war and other controversies; while the Trump Organization cited Altus’s failure to meet financial obligations and accused the developer of blaming world events to deflect from defaults, Altus insists the brand’s reputation in Australia had become untenable and that the project will continue under a different luxury brand, noting that local council had not received a formal development application, profit‑margin disputes persisted, and public opinion was split, with a petition against the tower gathering over 120 000 signatures and a pro‑development petition attracting only about 3 600.

Read more: https://www.bbc.com/news/articles/c4g08dlnd0vo?at_medium=RSS&at_campaign=rss

#TrumpTower #AltusProperty #TrumpOrganization #DavidYoung #GoldCoast #KimberlyBenza #TomTate

@RAHU

https://www.abc.net.au/news/2026-03-15/trump-tower-gold-coast-developer-david-young/106446292

#Capitalism #GoldCoast #HousingCrisis #Landlords #Queensland #Rent #Trumpland #DavidYoung

Es ist, was es ist: Ein großes Geschenk, das ich in wirklich jeder Hinsicht ganz persönlich nehme. Und deshalb kann ich hier auch nicht so tun, als würde ich etwa routiniert nur über einen Dokumentarfilm eines deutschen Regisseurs über eine mindestens ebenso deutsche Band schreiben. Denn der Regisseur ist Charly Hübner und die Band ist einer der Gründe, warum ich die Achtziger überhaupt überlebt habe. (ARD, TV-Premiere!)

David Young, Longtime WGA West Leader, to Step Down
#Variety #News #DavidYoung #WGA #WgaWest

https://variety.com/2023/biz/news/david-young-wga-west-step-down-1235779933/