Trump Tower sales take a hit

Published May 14, 2019 2:10pm ET



Trump Tower in New York City — President Trump’s longtime home, former campaign headquarters, and signature property sporting his name — has become one of the least desirable luxury buildings in New York City since he took office.

Those putting their Trump Tower condos on the market have sold for less than they bought it, with several selling at more than a 20% loss when adjusted for inflation, Bloomberg reported. Comparatively, 0.23% of homes in Manhattan have sold for a loss in the last two years.

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