Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

ProfessorGAC

(77,496 posts)
30. Owned By The Trump Organization
Wed Jun 10, 2026, 02:12 PM
17 hrs ago

It's not a licensed use of the name.
Technically though, the banks own the place. There are loans on top of loans. Likely the leverage exceeds the assessed value of the property.
The hotel is never sold out, the underground retail space is a ghost town & the living spaces & office floors are about 30% unoccupied.
Another investment by him that was a disaster; for others. (Mostly the idiot bankers that were still lending him money 10 to 18 years ago.)

Recommendations

4 members have recommended this reply (displayed in chronological order):

Make it so! marble falls 23 hrs ago #1
At Risk of a Flogging wyn borkins 22 hrs ago #2
The Hussein part is unnecessary for sure. KS Toronado 22 hrs ago #3
I imagine they're including Hussein YodaMom2 21 hrs ago #17
And when Obama was sworn into office, JustABozoOnThisBus 17 hrs ago #33
not much worse than for example moonshinegnomie 22 hrs ago #4
Still much better than Jean Baptiste Point du Sable Lake Shore Drive Torchlight 22 hrs ago #5
Yeah, by the time that came out of the navigation software, ... JustABozoOnThisBus 17 hrs ago #34
The way Trump emphasizes "Hussein" when he speaks the name, it should be in the official street name, IMO. -nt CrispyQ 22 hrs ago #7
Yes, I Understand...And Perhaps You Are Correct (n/t) wyn borkins 22 hrs ago #9
Absolutely LuvLoogie 22 hrs ago #10
Why isn't Obama Avenue enough? ananda 20 hrs ago #20
It's a four block strip of Wabash.... reACTIONary 19 hrs ago #24
YesI mean stage left 17 hrs ago #35
Plenty of roads have a person's first and last name IronLionZion 11 hrs ago #46
Maybe like Martin Luther King streets are usually called MLK street, boulevard, etc. use his initials Deuxcents 8 hrs ago #51
HaHaHaHaHaHaHaHaHahaHaha! surfered 22 hrs ago #6
This should be like a one phone call thing Blue Owl 22 hrs ago #8
Turn left off of Pedodent St. multigraincracker 20 hrs ago #23
So mote it be! niyad 21 hrs ago #11
is that the place with all the vacancies? GusBob 21 hrs ago #12
About 30% ProfessorGAC 17 hrs ago #29
Kick dalton99a 21 hrs ago #13
They can have a bit more fun with it Renew Deal 21 hrs ago #14
Do it! Do it! Do it! 3catwoman3 21 hrs ago #15
"Follow Obama until you get to your destination" Seinan Sensei 21 hrs ago #16
Go Chicago Go ChicagoTeamster 21 hrs ago #18
This would be awesome! mcar 21 hrs ago #19
This could not happen to a more deserving tower! Janbdwl72 20 hrs ago #21
If Chicago does this, maybe New York City is next! FakeNoose 20 hrs ago #22
I vote yes as an NYC'r! electric_blue68 14 hrs ago #43
please, please let it happen! berksdem 19 hrs ago #25
Please proceed. FSogol 19 hrs ago #26
Do it MustLoveBeagles 19 hrs ago #27
That would be sublime. Figarosmom 17 hrs ago #28
Owned By The Trump Organization ProfessorGAC 17 hrs ago #30
Thanks for the info Figarosmom 17 hrs ago #31
The money launderers drmeow 14 hrs ago #38
Yeah, I've Heard That Before ProfessorGAC 14 hrs ago #39
You don't think drmeow 14 hrs ago #40
No, I Do Not ProfessorGAC 14 hrs ago #41
Real estate is actually a drmeow 10 hrs ago #47
omg yes! They have to use Obama's entire name...that is a must. Passages 17 hrs ago #32
add Michelle and better yet twodogsbarking 15 hrs ago #36
HA HA great idea! Passages 15 hrs ago #37
Hahahahaaa! Go, Chicago! electric_blue68 14 hrs ago #42
No matter how long the street sign needs to be dlk 13 hrs ago #44
Who do we write to voice our support?!?!? debsy 12 hrs ago #45
Let's keep going jmowreader 9 hrs ago #48
I stayed around the corner from there a year ago louis-t 9 hrs ago #49
That's something Chicago would definitely do. I love my city! lees1975 8 hrs ago #50
please Jesus make it so. Buzz cook 7 hrs ago #52
A little history here and a swift kick to trump's posterior... Totally Tunsie 6 hrs ago #53
Latest Discussions»General Discussion»"If enacted, it would mak...»Reply #30