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Bargain hunters pounce as Trump condo prices hit decade lows
AP ^ | 06/04/2021 | AP

Posted on 06/04/2021 8:50:10 AM PDT by ChicagoConservative27

NEW YORK (AP) — The building has stunning Manhattan skyline views, its spa offers deep-tissue massages, and the fancy restaurant off the lobby serves up prime steaks. Best of all, many apartments at the Trump World Tower are selling at a deep discount — assuming the buyer doesn’t mind the name over the door.

“Fifty percent of the people wouldn’t want to live in a Trump building for any reason … but then there are guys like me,” says Lou Sollecito, a car dealer who recently bought a two-bedroom unit with views of the Empire State Building. “It’s a super buy.”

The purchase price was $3 million, nearly a million less than the seller paid in 2008.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Your Opinion/Questions
KEYWORDS: bargain; condo; hunters; trump
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I have been in the building in Chicago. It is amazing.
1 posted on 06/04/2021 8:50:10 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

Of course its got nothing to do with real estate prices in NYC in general going to hell. Just keep the “Trump” narrative going.


2 posted on 06/04/2021 8:52:00 AM PDT by headstamp 2 (Socialism- Institutionalized Deprivation)
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To: ChicagoConservative27

people are leaving NYC in droves because it’s a small communist country. this has zero to do with trump.


3 posted on 06/04/2021 8:54:53 AM PDT by JohnBrowdie
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To: ChicagoConservative27

Maybe it is the TOWN and not the Building, let’s check nearby prices and see what the comps are doing in that area. I’m betting it is a lie of omission by the news, and pushing anti-Trump as normal. Garbage leadership makes the downtown unattractive should be the real news story.


4 posted on 06/04/2021 8:55:34 AM PDT by King_Corey (Buy SILVER and GOLD to hedge against the coming market destruction of FIAT currency)
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To: headstamp 2

I still think Trump will get the last laugh. He could create a massive media empire right now and by all accounts the groundwork has begun.

It will be worth billions overnight.

Trump has two hobbies - real estate and media


5 posted on 06/04/2021 8:55:47 AM PDT by volunbeer (Find the truth and accept it - anything else is delusional)
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To: ChicagoConservative27

So typical of the leftist Associated Press to turn anything into “Trump’s Fault”. IT’S NEW YORK people. The Democrats have messed up New York. NOBODY else.


6 posted on 06/04/2021 8:56:56 AM PDT by rockinqsranch (Dems, Libs, Socialists Call 'em what you will, they all have fairies livin' in their trees)
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To: headstamp 2; ChicagoConservative27

Meanwhile, pay to play to access the President of the United States is at record highs with Joe Biden in office. Previously pay to play access was unavailable following the Obama administration. But now Companies and governments world wide are scrambling to take advantage of the Great American Sellout.


7 posted on 06/04/2021 8:59:50 AM PDT by DannyTN (,)
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To: rockinqsranch

What’s not to like in NYC? DeBlasio is your mayor, you have triple taxation, mentally ill bums will punch you in the street for no reason, it’s the epicenter of covid, your governor will take care of your elderly parents.


8 posted on 06/04/2021 9:00:22 AM PDT by 1Old Pro (Let's make crime illegal again!)
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To: ChicagoConservative27

The value of something is whatever someone will give you for it...............


9 posted on 06/04/2021 9:02:10 AM PDT by Red Badger (Jesus said there is no marriage in Heaven. That's why they call it Heaven.....................)
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To: ChicagoConservative27

Has little to do with the Trump name. My daughter just signed a lease on the upper west side for close to 1/2 of what it used to go for. She will have to get roommates for the last 2 years of law school as the prices will likely shoot back up.


10 posted on 06/04/2021 9:03:12 AM PDT by dgbrown
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To: ChicagoConservative27

‘’’’Bargain hunters are swooping in to take advantage of prices in Trump buildings that have dropped to levels not seen in over a decade, a crash brokers attribute to a combination of the former president’s polarizing image and the coronavirus pandemic.’’’


I read the full article and it was a hit piece throughout.

anyone surprised???


11 posted on 06/04/2021 9:04:02 AM PDT by Presbyterian Reporter
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To: headstamp 2
Exactly. Trump, Rudy and, even to some extent, Mayor Ed Koch had a working relationship which transformed NYC from a sinking $#*+hole into a vibrant city within a generation.

Now that all three are gone, it is sinking back into $#*+hole status.

12 posted on 06/04/2021 9:05:34 AM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: JohnBrowdie

people are leaving NY in droves- see the results of the census.


13 posted on 06/04/2021 9:06:57 AM PDT by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: Presbyterian Reporter

Let me add:

“”Bargain hunters pounce as Trump condo prices hit decade lows””

These are condos and are not owned by Trump.

Condo prices are dropping in these Democrat run cities as even Democrats can no longer stand the stench of their fellow Democrats and as these Democrats flee their inner city condo they find there are no buyers. BooWho


14 posted on 06/04/2021 9:10:03 AM PDT by Presbyterian Reporter
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To: God luvs America

3 Million, 2 bedroom....what a deal lol


15 posted on 06/04/2021 9:10:04 AM PDT by mplc51 ( )
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To: headstamp 2

Yep, more sign that the real estate bubble is close to bursting (again)


16 posted on 06/04/2021 9:11:56 AM PDT by Magnum44 (...against all enemies, foreign and domestic...)
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To: 1Old Pro
Don't you mean to say:

your governor will take care of euthanize your elderly parents by exposing them to deadly disease.

17 posted on 06/04/2021 9:14:39 AM PDT by LouAvul (Lying headlines from fake news articles written by pimps masquerading as journalists.)
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To: LouAvul
your governor will take care of euthanize your elderly parents by exposing them to deadly disease.

And get paid 5.1 million for it.

18 posted on 06/04/2021 9:16:28 AM PDT by 1Old Pro (Let's make crime illegal again!)
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To: All

Trump will have the last laugh.

NYC is going to have a glut of vacancies, except that Trump buildings will still be close to capacity and turning a profit.


19 posted on 06/04/2021 9:17:34 AM PDT by Dacula
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To: ChicagoConservative27

The Left can’t help themselves can they?

That city is almost to a point where it’s unlivable and they’re all doing cartwheels thinking they got a deal. The city will never have leadership that will bring it out of the gutter that Bloomberg and DeBlasio put it in.

Pretty soon Lou, the car dealer, will be going through the foreclosure process on that place.

On a side note, what kind of cars is he selling?

On another side note, has anyone ever investigated what DeBlasio’s wife did with the $800million?


20 posted on 06/04/2021 9:17:52 AM PDT by qaz123
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