Donald Trump selling stretch of land in NYC for $1.8B,

[kcvl]

Per Drudge...

http://www.drudgereport.com/

[onyx]

Good Lord.

[SamAdams76]

Within walking distance of a Starbucks.

[A CA Guy]

Here in California, that kind of money could almost get you a 1400 sq ft house without a view.

[jra]

For 1.8 Bil, it better COME WITH a Starbucks...LOL

[Uncle Hal]

I have a feeling Donald has a case of the shorts.

[sarasota]

Hong Kong investors from which other countries??

[phoenix0468]

Wow, from $24 for the whole island to $1.8 billion for a small tract. That's some real appreciation.

[flashbunny]

There's a place in america that isn't within walking distance of a starbucks?

Most starbucks are within walking distance of another starbucks.

[phoenix0468]

Well, those Hong Kong investors are probably going to be leaving Hong Kong pretty soon. So, they need a place to build some new digs.

[RckyRaCoCo]

That new wife must really be costing him some dosh

[garyhope]

Everything in NYC is within walking distance of a Starbuck's and not even a very far walk.

[kcvl]

I though Trump was trading in his celebrity for all of her "goodies". lol!

[thoughtomator]

Any given Starbucks in NYC is in walking distance of at least one other Starbucks, and usually at least three.

[Random Nonsense]

Kofi Annan: "That Lot is big enough for UN building expansion project. Isn't that right Mr. Clinton ?" :)

[Jaysun]

Good for him. I continue to be amazed that Trump, who's only real talent seems to be borrowing money, can continually fail at business and still be taken seriously.

[ken5050]

IIRC, Trump doesn't own this property..he was the front name for the HK group..he got paid a small fee for being the frontman.he has NO equity..

[Leo Carpathian]

Good for him. I continue to be amazed that Trump, who's only real talent seems to be borrowing money, can continually fail at business and still be taken seriously.

Must be the haircut!

[jra]

You sell the guy short--his talent for self-promotion is the stuff of legend. Not a lot of business acumen IMO, either.

[kcvl]

MR. LEE SEAN, SAMMY

Mr. Lee was appointed a Non-Executive Director of New World TMT Limited in January 2003. Mr. Lee is a lawyer by training and a prominent international financier, who has been primarily engaged in real estate and hotel investment business.

Mr. Lee is responsible for overseeing the Worldwide Renaissance Hotel chain and New York's Trump Place, a Hong Kong based conglomerate joint venture development with Mr. Donald Trump.

In the US, Donald Trump's creditors were getting restless until Hong Kong investors joined him in a massive project involving 16 buildings and 5700 apartments on New York's Upper West Side. There was one condition - the entire project had to be built according to feng shui principles.