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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsImpeached tRump golf club in Florida requests rent relief, citing coronavirus impact
Trump golf club in Florida requests rent relief, citing coronavirus impact
[Impeached] pResident tRumps golf club in West Palm Beach, Fla., has asked Palm Beach County to defer some of the $88,338 monthly rent it pays to lease public land after a loss in revenue triggered by the coronavirus pandemic.
In a June 5 letter obtained by The Palm Beach Post, Trump International Golf Club financial director Ed Raymundo said the countys stay-at-home order issued on March 25 coincided with the busiest part of our season, leading to a significant impact on business.
Raymundo inquired about rent relief on March 25, the day of the stay-at-home order, the newspaper reported on Tuesday.
This mandate has resulted in the cancellation of events and forced the Club to close many of its amenities leaving limited services available to our members, Raymundo wrote. - The Hill
[Impeached] pResident tRumps golf club in West Palm Beach, Fla., has asked Palm Beach County to defer some of the $88,338 monthly rent it pays to lease public land after a loss in revenue triggered by the coronavirus pandemic.
In a June 5 letter obtained by The Palm Beach Post, Trump International Golf Club financial director Ed Raymundo said the countys stay-at-home order issued on March 25 coincided with the busiest part of our season, leading to a significant impact on business.
Raymundo inquired about rent relief on March 25, the day of the stay-at-home order, the newspaper reported on Tuesday.
This mandate has resulted in the cancellation of events and forced the Club to close many of its amenities leaving limited services available to our members, Raymundo wrote. - The Hill
I only have crocodile tears to give.
Snowflakes!
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Impeached tRump golf club in Florida requests rent relief, citing coronavirus impact (Original Post)
ffr
Jun 2020
OP
Too bad we can't see the list of companies that received help from the federal govt.
Frustratedlady
Jun 2020
#1
Frustratedlady
(16,254 posts)1. Too bad we can't see the list of companies that received help from the federal govt.
They are probably trying to draw from both govts.
greatauntoftriplets
(175,729 posts)2. I hope the county denies the application.
ProfessorGAC
(64,852 posts)3. I Thought It Was A Billionaire!
A real billionaire being behind a quarter million in lease payments would ride it out & use the total loss to reduce the tax bill, getting that 22% back.
But....
someone pretending to be a billionaire might not have the cash flow to ride out a quarter million.
2naSalit
(86,330 posts)4. There's language in the Act prohibiting him or is family
from receiving any of the funds.
sarcasmo
(23,968 posts)5. Trump has no cash on hand, everything he owns is a revolving door of debt.