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Trump's real-estate partner is reportedly considering buying out the Trump Organization's stake in
New York and San Francisco buildingsA real-estate firm run by a former advisor to Donald Trump might end a partnership with the ex-president.
Vornado Realty Trust, New York City's largest commercial real estate owner and manager, is exploring ways to buy out Trump's stake in two towers, sources told The Wall Street Journal. Steven Roth, a former advisor to Trump during his presidency, is Vornado's founder and chairman.
Executives are reportedly considering buying out the Trump Organization's stakes in two of the firm's most valuable assets, office buildings on 1290 Avenue of the Americas in Midtown Manhattan and 555 California Street in San Francisco, per the Journal.
Trump Organization owns 30% of the two buildings, an amount thought to be worth $800 million as of last year. Vornado acquired 70% of the towers in 2007 for approximately $1.8 billion.
https://www.yahoo.com/news/trumps-real-estate-partner-reportedly-203746568.html
