Trump was humiliated today as a New York City judge ruled that a condo board can remove Trump’s name from their buildings.
David Fahrenthold of The Washington Post tweeted:
BREAKING: NYC judge rules against @realdonaldtrump’s company, says NYC bldg called “Trump Place†has right to take down its signs. https://t.co/N2qNNVsTui
— David Fahrenthold (@Fahrenthold) May 3, 2018
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The condo board sued the Trump Organization after Trump’s company threatened to sue them after they took his name off of the buildings because it hurt the property values of the condo owners.
According to The Washington Post, “At 200 Riverside, the condo board has said that — if Bransten gives the go-ahead — it would hold a formal vote about removing the “Trump Place†signs. If more than 50 percent of unit owners agree, the signs would come down. But even in that arrangement, the board says, the official name of the building used in legal documents — “200 Riverside Boulevard at Trump Placeâ€â€” wouldn’t change. That requires a two-thirds vote of the unit owners, and the board has no plans to ask for such a vote.”
Trump is literally harming the property values of those who live in buildings that have his name on them. Trump sought the presidency as a way to cash in and make more money off of his personal brand, but his presidency is such an ugly failure that it is destroying his brand and business. The brand name that Trump spent decades building is now so damaged that people lose money by association.
Trump’s presidency and his entire business are going down in flames.
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Jason is the managing editor. He is also a White House Press Pool and a Congressional correspondent for PoliticusUSA. Jason has a Bachelor’s Degree in Political Science. His graduate work focused on public policy, with a specialization in social reform movements.
Awards and Professional Memberships
Member of the Society of Professional Journalists and The American Political Science Association
