Trump’s 40 Wall Street tower appears to be underwater - profits are down, expenses are up & the mortgage is coming due

Trump has 35 yrs left on a leasehold worth approx $116mil and a loan of $118mil due next July

Story notes an investor group led by members of reclusive Hinneberg family, a Hamburg, Germany-based shipping dynasty own the land - and Trump could renegotiate his leasehold with the owners

by @z_everson

#DonaldTrump #Trump #40WallStreet #trumprealestate

https://www.forbes.com/sites/zacheverson/2024/10/05/donald-trump-wall-street-tower-40-building/

"Watters: It is hard to imagine how the president feels right now, as someone who was born in New York City. Who then came back and had a big part in creating the New York City skyline. Not many people have such a powerful imprint on this city as Donald Trump."

What a shitload of bull! Watters is a disgrace. Not a single skyscraper Trump built is visible in New York's Skyline.

#FoxNotNews #Watters #Trump #GuiltyVerdict #NewYork #TrumpRealEstate #NewYorkSkyline
#smallestViolene