When Donald Trump built Trump Tower, his father, developer Fred Trump, suggested he use brick instead of glass, the real estate mogul told the Financial Times in a “Things My Mentor Taught Me” feature today. The elder Trump began mentoring the young Donald when he was young. “I would follow him around construction sites and see how he conducted business,” he said. But the relationship grew into a more formal business partnership. “His four-step formula for success was simple: get in, get it done, get it done right and get out,” Donald recalled. “I didn’t agree with everything he said. I wanted to develop in Manhattan, which he couldn’t understand. He was satisfied with Brooklyn and Queens… brick worked for him, but that wasn’t my vision,” Trump said. [Financial Times]
Posts Tagged ‘fred trump’
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Hachette Filipacchi, the publisher that recently lost out to beauty giant Avon in talks to take over several open floors at the William Kaufman Organization’s 777 Third Avenue, is reportedly closing in on a deal at the 48-story Time-Life Building at 1271 Avenue of the Americas in Rockefeller Center. The contract would be for 132,000 square feet of space previously occupied by Lehman Brothers, which had subleased the three floors from Time Inc. Hachette would be downsizing significantly from its current 263,010 square feet at 1633 Broadway, which is owned by Paramount. Deloitte is also expected to vacate 1633 Broadway soon, in a move that could leave the door open for television network A&E. Currently located at 235 East 45th Street, A&E is in the market for 350,000 square feet of space and is rumored to have looked at the Empire State Building and Worldwide Plaza in addition to Paramount’s building. [Post]

