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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsETTD - Everything Trump Touches Dies
By most accounts we are in the midst of a real estate boom (bubble sounds more like it), but those who live in a Trump-branded property may be suffering from the stigma of his name and brand.
https://www.chicagotribune.com/real-estate/elite-street/ct-re-elite-street-exelon-christopher-crone-trump-tower-20220527-gpv4gajjtjcf3f2uhz2rx43gta-story.html
Christopher M. Crane, the president and CEO of Chicago-based Exelon Corp., on Thursday took a loss on his two-bedroom, 2,063-square-foot condominium on the 39th floor of the Trump International Hotel & Tower, selling it for $1.32 million.
Crane paid $2.05 million in 2015 for the condo unit, meaning that he lost $725,000 on it over seven years.
Crane first listed the condo in 2016 for $2.09 million, but took it off the market the following year. He relisted it in late April for $1.7 million, and he went under contract just five days later.
Crane paid $2.05 million in 2015 for the condo unit, meaning that he lost $725,000 on it over seven years.
Crane first listed the condo in 2016 for $2.09 million, but took it off the market the following year. He relisted it in late April for $1.7 million, and he went under contract just five days later.
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ETTD - Everything Trump Touches Dies (Original Post)
Snarkoleptic
Jun 2022
OP
Blue Owl
(50,340 posts)1. Womp Womp sounds a little bit like Trump Trump
Backseat Driver
(4,385 posts)2. Awww...likely will make that $725K and more back in at least a week
PJMcK
(22,025 posts)3. Excellent
A friend of ours lives in a building that had Trump's name on it, (I think the developers leased it). The coop board voted to remove the name and the workers took off the "T" and left the rest for a day!
FakeNoose
(32,620 posts)4. Once Chump goes bankrupt (again) and his name comes off the building
...THAT would restore everyone's property to their original investment price.
Initech
(100,060 posts)5. When you fall for a con artist, don't be surprised when you get conned!