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mfcorey1

(11,001 posts)
Thu Apr 23, 2020, 06:50 AM Apr 2020

Trump DC hotel reportedly seeking government relief amid lost revenue from coronavirus pandemic

KEY POINTS
A hotel in Washington, D.C., owned by President Donald Trump is asking for a break on its rent payments, according to a new report.
Trump International Hotel, located a few blocks from the White House, has seen revenues plunge in recent weeks because of the ongoing coronavirus pandemic and is looking to cut costs, the New York Times reported.

The outbreak has crushed the hotel industry as shelter-in-place guidelines issued by state governments encourage people to remain at home and avoid unnecessary travel.

The 263-room hotel is owned and operated by the Trump organization, the real estate company currently headed by the president’s sons Donald Trump Jr. and Eric Trump.

But the hotel is situated in a federally owned building on Pennsylvania Avenue, and the company makes monthly rent payments to the General Services Administration, a federal agency that manages government buildings.

The company told the Times that it has asked to delay its monthly rent payments of about $268,000 a month.

https://www.cnbc.com/2020/04/21/coronavirus-trump-dc-hotel-seeking-government-relief-nyt.html

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Trump DC hotel reportedly seeking government relief amid lost revenue from coronavirus pandemic (Original Post) mfcorey1 Apr 2020 OP
Doesn't the same reason not to give money to Harvard apply here ? JI7 Apr 2020 #1
What about the Mormon Church? They received True Blue American Apr 2020 #3
Certainly delay the rent whistler162 Apr 2020 #2
Jared Kushner sent letters that he was expecting the rent despite your tough luck. keithbvadu2 Apr 2020 #4

True Blue American

(17,984 posts)
3. What about the Mormon Church? They received
Thu Apr 23, 2020, 07:03 AM
Apr 2020

$100 million! Think what that could do for our Postal Service!

Mnuchin warned the wealthy companies to return the money voluntarily or face consequences.

Does he actually think that toad Barr will do anything? He
is too busy threatening states for shutting down.

keithbvadu2

(36,788 posts)
4. Jared Kushner sent letters that he was expecting the rent despite your tough luck.
Thu Apr 23, 2020, 07:56 AM
Apr 2020

Jared Kushner sent letters that he was expecting the rent despite your tough luck.

https://www.motherjones.com/coronavirus-updates/2020/03/jared-kushner-nyc-platform/

As the Coronavirus Hit, Jared Kushner’s Company Told Renters to Take Action to Pay “ASAP”

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