The Real Deal Miami

Boston restaurant owner testifies in Trump lawsuit

John Taglieri wants deposit back from failed Fort Lauderdale condo-hotel

March 06, 2014 12:45PM

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Rendering of the Trump International Hotel & Tower in Ft. Lauderdale and Donald Trump

Rendering of the Trump International Hotel & Tower in Ft. Lauderdale and Donald Trump

A Boston restaurant owner who is suing Donald Trump over the failed Trump International Hotel & Tower project testified in the Broward Circuit Court case.

Giacomo’s Ristorante owner John Taglieri told jurors during Tuesday’s hearing that he made a 20 percent deposit on a $730,000 unit at the Fort Lauderdale project in 2005 with the understanding that Trump would be the developer and brand the condo-hotel under his name, Daily Business Review reported. Taglieri filed a lawsuit three years later after finding out Trump was pulling out of the development.

The Taglieri case is expected to last until March 14. A separate trial involving 81 plaintiffs going after Trump for nearly $8 million in deposits and interest should begin this summer.

The 551 North Fort Lauderdale Beach Boulevard property is now owned by a partnership tied to Conrad Hilton.

Trump is in Doral today for the opening round of Cadillac Championship at his Trump National Doral resort. [Daily Business Review]Eric Kalis

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