Home Forums Blogs Articles Photos Videos Contact FAQ

Donald Trump - Properties

Donald Trump - Properties: Encyclopedia II - Donald Trump - Properties

Completed Properties: Personal Residence: Trump Tower Penthouse: top 3 floors of Trump Tower with approximately 30,000 square feet (3,000 m²) of space; detailed in bronze, gold, and marble. Worth as much as $50 million, it is one of the most valuable apartments in the city. Palm Beach estate: 43,000 square feet (4,000 m²) on a large oceanfront lot in Palm Beach. Trump purchased this property for $40 million at a bankruptcy auction in 2004. Renovations to the property were led by Apprentice winner Kendra ...

Donald Trump: Encyclopedia II - Donald Trump - Properties

Donald Trump - Properties

Completed Properties:

Personal Residence: Trump Tower Penthouse: top 3 floors of Trump Tower with approximately 30,000 square feet (3,000 m²) of space; detailed in bronze, gold, and marble. Worth as much as $50 million, it is one of the most valuable apartments in the city.
Palm Beach estate: 43,000 square feet (4,000 m²) on a large oceanfront lot in Palm Beach. Trump purchased this property for $40 million at a bankruptcy auction in 2004. Renovations to the property were led by Apprentice winner Kendra Todd, and Trump is planning to re-list the property for $125 million. If it is sold at this price it would be by far the most expensive house ever sold in the United States. (The current record is $70 million for Ron Perelman's Palm Beach estate in 2004.)
Mar-a-Lago, Palm Beach, Florida. Most of this estate has been converted into a private club. This landmark property is valued at $200,000,000.
Trump Entertainment Resorts: This company owns the Trump branded casino resorts (Trump Taj Mahal, Plaza, Marina, Indiana, Club Privee). After a long period of financial trouble, the company entered bankruptcy protection in 2004. Trump agreed to invest $55 million cash in the new company and pay $16.4 million to the company's debtors. In return he holds a 29.16% stake in the new public company. This stake was worth approximately $150 million in October 2005.
The Estates at Trump National: Rancho Palos Verdes, CA
Trump Grande: Florida
The Trump Building at 40 Wall Street: Trump bought and renovated this building for about $35 million in 1996. Although Trump claims it is worth $400 million, New York tax assessors value it at only $90 million. Mr. Trump has taken out a $145 million mortgage on this property to use for other investments.
Trump Palace: 200 East 69th Street, New York, NY
Trump Parc: 106 Central Park South, New York, NY
Trump Park Avenue: Park Avenue & 59th Street
Trump Tower: 725 Fifth Ave, New York, NY 10022 Trump owns the retail and office space on the lower half of this building.
Trump World Tower: 845 United Nations Plaza, New York, NY
Trump Tower at City Center: 10 City Place, White Plains, NY 10601
Trump Plaza: Twin 32-story residential towers located in downtown West Palm Beach, Florida.

Current and Future Developments:

Trump International Hotel and Tower, Chicago
Trump Tower, Tampa: Tampa, FL
Trump International Hotel and Tower, Las Vegas
Trump International Hotel and Tower, Toronto: 311 Bay St, Toronto (construction has not started.)
Fort Lauderdale Beach Club: This 12-story building will offer 95 luxurious condominiums on Sea Breeze Boulevard.
Fort Lauderdale Hotel & Tower: The Trump International Hotel will be located on North Atlantic Boulevard between Las Olas and Sunrise Boulevards. Designed by Michael Graves, the 24-story building will feature over 250 condominiums, a health club, spa and pool, and fine dining.
Trump International Hotel & Residence, Phoenix: Situated on Camelback Road in the renowned and luxurious Biltmore Area of Phoenix.
Trump Grande, Sunny Isles Beach, FL: Two condominium towers and a resort tower just north of Miami.
17 Luxury Towers in Dubai.
Trump Island Villas: Canouan Island, Saint Vincent and the Grenadines
Trump Plaza: Jersey City in Jersey City, NJ. The project includes New Jersey's two tallest residential towers and costs about $450 million. The 55-story tower will have 445 condos, and the 50-story tower will have 417. ([5]) ([6]).

Other prominent involvement:

Many developers will pay Donald Trump to market their properties and be the public face of their projects. For this reason, he does not own many of the buildings that display his name. Here are some examples:

Trump World I, II, and III: Seoul, Korea Trump received a licensing fee of $5 million to lend his name to this project.
Trump International Hotel and Tower: Trump provided his name and expertise to the building's owner (GE) during the building's re-development in 1994 for a fee which totaled $40 million ($25 million for project management and $15 million in incentives deriving from the condo sales).
Riverside South Trump was forced to sell this site, the former west side rail-yards, during his financial difficulties in the mid 90's. The new owners continued Mr. Trump's involvement with the property and sought to use his name to seek higher sales prices. Mr. Trump was paid $2 million annually for his oversight of the project, and he was offered an estimated 30% of the net profits upon completion of this 10 year project. The investors sold off the uncompleted project in 2005 for $1.8 billion and offered Mr. Trump $500 million. Mr. Trump contends that the property should have been sold for more than $3 billion and is currently suing the owners for selling without his consent. He is seeking $1 billion in damages.