From left: Donald Trump and Mitt Romney
Despite claiming earlier this week that he may still run for the position himself, developer Donald Trump may be planning to endorse former Massachusetts Governor Mitt Romney for president in Las Vegas today, sources told the Washington Post.
He is planning to make the announcement at 3.30 p.m., a senior Romney campaign office said. [more]
Donald Trump wants to be buried at a cemetery he’s planning for his family and club members at the fifth-hole fairway of his Trump National Golf Club. Meanwhile, he opens Canada’s tallest condo tower in Toronto. Jon Corzine’s Hoboken penthouse hits the market for $2.9 million, 11 percent less than the $3.26 million he paid for it in 2008. The Boerum Hill prison that’s reopening is holding an open house Saturday as a show of good will to its neighbors. Finally, the demand for warehouse space boosts industrial leasing market. Read these stories and more after the jump.
Donald Trump
Despite having withdrawn his bid for the Republican presidential nomination in May, New York real estate developer Donald Trump may still consider a run for president, he told CBS News yesterday, because “the country is going to hell in a handbasket” (see video after the jump). “I’m still thinking about it,” he told CBS’ Bob Schieffer. “We’ll see what happens.” [more]
Donald Trump and 40 Wall Street
Thanks to aggressive leasing deals, Donald Trump again has managed to improve 40 Wall Street’s value, according to the Wall Street Journal.
Leases for more than 600,000 square feet worth of space at the 1.3 million-square-foot office tower were set to expire in 2009, yet in the last six months the Trump Organization has managed to fill two-thirds of that space in a tepid office leasing environment. [more]
Donald Trump and Ferry Point Park
Critics have slammed the deal the city reached with Donald Trump for a championship golf course in the Bronx that doesn’t require the developer to pay any licensing for four years, but the New York Times noted that Trump and his Trump Golf company aren’t guaranteed to profit off the apparently sweet deal.
The city will spend more than $180 million to build the municipal course — mostly on taxpayers’ dimes — and leave Trump Golf to build only a $10 million clubhouse and operate the facility. [more]
Le Parker Meridien hotel on West 56th Street adds a 20,000-square-foot spa, salon and gym space to its lower lobby. U.S. shopping center occupancy rises in the fourth quarter for the first time in four years. Aqueduct racino generates $90 million in revenue in two months since opening. Donald Trump pays nothing for four years – and just $300,000 in year five – to operate Bronx golf course. A fire destroys an Upper East Side penthouse that was on the market last year for $14.95 million and Scarlett Johansson’s mom reneges on a contract for a $1.4 million apartment because she claims she is cash poor. Finally, Harlem residents move to landmark famed Rucker Park . [more]
Former Forest City Ratner lobbyist pleads guilty in bribery case. Trump to open Trump Street Bar & Grill in space where Milk Street Cafe, restaurant OWS destroyed, once stood. “We don’t need to live on NYU’s campus” Greenwich Village opponents to the University’s expansion tell community board. Asking rent for full floor at Superior Ink could break records for downtown. And five challenges for the housing market in 2012. [more]
Donald Trump is selected to build a Bronx golf course that city hopes will lure major tournaments. Despite long odds, Supreme Court could change city’s rent regulations . The European Union is set to sign $40.5M lease at 666 Third Avenue . The annual doorman tipping questions are absurd , and building cleaners union takes out TV ad to state case. Sunset Park is the most affordable neighborhood in Brooklyn. 125 Maiden Lane will pay nothing to go green, and the Southern Baptist church has plans for 50 new congregations in NYC area over next five years. Finally, Roosevelt Island hospital begins clearing patients to prepare for Cornell construction. Click here for these stories and more. [more]
WTC
truckers charged with embezzlement scheme
that cost workers, unions and government $1M.
Trump says he would do well in an election
, capture the black vote.
Hoboken cracks down on food trucks
, some of which came to escape Manhattan’s tightening laws. Construction on
Brookfield’s Manhattan West project
will displace Megabus hub and progress is being made on the
$656M Police Academy rising in College Point
. A look inside the
Fulton Street Transit Center
. Finally, a five-block stretch of Lafayette Street has become
“Latte Row.”
Click here
for these stories and more.
[more]
Real estate industry groups urge lawmakers not to raise Fannie Mae, Freddie Mac fees . New Union Square signs rejected as “too Midtown.” Joseph Robert , international real estate investor and philanthropist, is dead at 59. Huge demand for “estate-like” condos in Bergen County. And Trump may cancel GOP debate he was to moderate. Click here for these stories and more. [more]
