";s:4:"text";s:4112:"Luckily for Trump, he entered the Oval Office sitting on a lot of inventory—luxury apartments, undeveloped lots and other real estate he has acquired over the years. Recently they reportedly began to consider letting go of Seven Springs, the lavish Westchester, New York compound Trump has owned for years but has been unable to commercially develop. Did the footage show a beautiful town? Just a month after the inauguration, the Trumps made an eyebrow-raising deal, selling the Park Avenue penthouse previously occupied by Jared Kushner and Ivanka Trump to a woman named Angela Chen, who runs a business peddling access to Chinese officials and allegedly has ties to Chinese military intelligence.
He welcomes news items about Palm Beach real estate for this column. Realtors have long touted the advantages the island offers buyers — a pleasant climate, fine architecture, natural beauty and tight security, The latter is especially important in a town that has attracted rich and famous homebuyers, from rockers Rod Stewart and Jon Bon Jovi, to radio celebrities Howard Stern and Rush Limbaugh, to billionaire hedge-fund managers such as Ken Griffin and Paul Tudor Jones II. Chen paid $15.9 million—a hefty sum considering that, only one year earlier, a virtually identical penthouse just one floor lower sold for nearly $2 million less than that. That 2008 deal set a single seller/single buyer price record that stood for more than a decade in Palm Beach. “Here, ‘Make Indonesia Great Again.’ That’s why I’m getting into politics”. The president quietly sold the building, which had a history of roof leaks and environmental contamination, in February 2018. “What a feather in our cap it is to have a sitting president in our community. “I think the president being here has raised the town’s profile, and overall has been a good thing for Palm Beach real estate. “This is the place President Trump considered his family winter home, a town many of our residents also celebrate,” said Mayor Gail Coniglio. One of the president’s smallest holdings, Trump entered the White House owning a 25% stake in “residential real estate” in Norfolk, Virginia through an entity called “Country Properties, LLC.”. The partners have sold more than five dozen studio, one-, two- and three-bedroom apartments since Trump took the oath of office, yielding the Trump Organization about $18 million in revenue for their half of the deals. Eric Trump traveled to Cap Cana in February 2017 and even posed for a photo with his former partners. Those deals included a 2018 sale in which Trump’s sister, retired federal judge Maryann Trump Barry, sold her home at 1125 S. Ocean Blvd. Trump owns a 28,322-square-foot (2,631.2 m2) mansionon 200 acres (81 ha) in Bedfordand New Castle, New York. After his election, residents learned to deal with having a multi-block stretch of South Ocean Boulevard — the lone through-road in that part of the Estate Section — closed to car traffic when Trump is in town. Hotels and apartment buildings scraped the Trump brand off of their projects, customers at the president’s most important golf resort booked fewer stays and deals for new developments dried up. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. President Trump To Turn Newport Landmark Into Summer White House Styled Hotel/Casino. Since he took office, his sons have quietly traded a boatload of it. Don Jr. and a group of investors bought the place as part of a prefab concrete business they hoped would revolutionize low-cost home building. The biggest remaining piece, a 4% interest in the massive housing complex, was sold by the property’s managers in 2018 for $905 million.
An online search last week showed 11 of the town’s 96 single-family Palm Beach properties in the local multiple listing service were priced at $35 million or more — and the top oceanfront property had an asking price of $110 million.