General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Tower's current vacancy rate is about twice Manhattan's average.
@business
Trump Towers occupancy rate has plunged over the last 7 years to 83%, giving it a vacancy rate thats about twice Manhattans average
Link to tweet
hlthe2b
(102,359 posts)Why would anyone live in a high rise without fire sprinklers today? Especially given his reputation for shoddy construction?
ProudLib72
(17,984 posts)How much of the vacancy is down to fear of dying due to crap construction versus hatred of the Rump?
hlthe2b
(102,359 posts)Me.
(35,454 posts)as if we couldn't guess
Afromania
(2,771 posts)pandr32
(11,612 posts)PJMcK
(22,048 posts)We've detested him for decades.
Why would anyone want to live in a building with his name on it?
Me.
(35,454 posts)lunatica
(53,410 posts)Last edited Tue May 14, 2019, 03:29 PM - Edit history (1)
They would flock to it in droves!
FakeNoose
(32,748 posts)Chump would rather keep it empty than bring in the riff-raff. No I'm sure he'll find new suckers like extremely rich Arabs and Asians to buy his condos.
Princess Turandot
(4,787 posts)You can't be dropped off by a car or cab in front of the building, which is blocked off from the avenue by lovely concrete barricades. I assume that you have to show i.d. in the lobby to go up to your apartment every time you enter etc etc. They probably do background reviews of new tenants and owners. Who would want to pay a lot of money to be regularly inconvenienced when you go back and forth? And that won't stop when Trump leaves office if he's going to live there full-time. It's probably one of the main reasons the condo owners are having so much trouble selling their apartments.
BTW, the apartments in the building are condos, which were sold by Trump long ago. The owners can rent them out or sell them, but their difficulties doing that right now don't affect Trump directly the way they would if it was a pure rental apartment building owned by him. He owns the office and retail spaces, which are also struggling.
Runningdawg
(4,522 posts)to see every single thing with the Trump name on it torn down like the Berlin wall and confederate statues.
keithbvadu2
(36,906 posts)Trump Tower Is Now One of NYCs Least-Desirable Luxury Buildings
Most condo owners who sold since 2016 have recorded a loss
No one wants in that building, says one former owner
https://www.bloomberg.com/news/articles/2019-05-14/trump-tower-is-now-one-of-nyc-s-least-desirable-luxury-buildings?srnd=premium