The Real Deal New York

National Market Report: Trump pushes up DC hotel’s opening date, Portland’s proposed makeover … & more

By Farah Halime | March 15, 2016 05:00PM

Old Post Office Pavilion in Washington, D.C.

Old Post Office Pavilion in Washington, D.C. (inset: Donald Trump)

From the March issue: Should he actually win the U.S. presidency, Donald Trump will have a swanky place to put up family and friends for the inauguration. The Trump Organization has moved up plans to open a $200 million, 263-room hotel in Washington, D.C., during September as opposed to late 2016, the Wall Street Journal reported. Plans for the hotel, which involve the conversion of Washington’s landmarked post office building, have been in the works since 2013, when the Trump Organization won a bid to lease the property from the government for 140 years. [more]