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Tue May 14, 2019, 11:57 AM

Trump Tower's current vacancy rate is about twice Manhattan's average.

Bloomberg
@business

Trump Tower’s occupancy rate has plunged over the last 7 years to 83%, giving it a vacancy rate that’s about twice Manhattan’s average


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Response to Miles Archer (Original post)

Tue May 14, 2019, 11:59 AM

1. Did his tenant who died in the fire ever get anything other than a "SUCKER" Trump tweet (imagining)?

Why would anyone live in a high rise without fire sprinklers today? Especially given his reputation for shoddy construction?

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Response to hlthe2b (Reply #1)

Tue May 14, 2019, 12:59 PM

7. That incident sprang instantly to mind when I read the OP

How much of the vacancy is down to fear of dying due to crap construction versus hatred of the Rump?

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Response to ProudLib72 (Reply #7)

Tue May 14, 2019, 01:08 PM

9. The dead resident had been trying to sell the unit for many months apparently

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Response to Miles Archer (Original post)

Tue May 14, 2019, 12:01 PM

2. So How Does The Building Survive

as if we couldn't guess

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Response to Me. (Reply #2)

Tue May 14, 2019, 12:25 PM

4. Camels, Pandas and Bears ,oh my! Camels, Pandas and Bears!

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Response to Afromania (Reply #4)

Tue May 14, 2019, 12:56 PM

5. I'll have that in my head all day now!

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Response to Miles Archer (Original post)

Tue May 14, 2019, 12:19 PM

3. New Yorkers mostly hate Trump

We've detested him for decades.

Why would anyone want to live in a building with his name on it?

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Response to PJMcK (Reply #3)

Tue May 14, 2019, 01:07 PM

8. Guess He's Run Out Of Russians

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Response to Miles Archer (Original post)

Tue May 14, 2019, 12:58 PM

6. He should turn it into low rent for his MAGATs.

Last edited Tue May 14, 2019, 03:29 PM - Edit history (1)

They would flock to it in droves!

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Response to lunatica (Reply #6)

Tue May 14, 2019, 02:18 PM

12. Ha! That'll never happen

Chump would rather keep it empty than bring in the riff-raff. No I'm sure he'll find new suckers like extremely rich Arabs and Asians to buy his condos.

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Response to Miles Archer (Original post)

Tue May 14, 2019, 01:21 PM

10. Even with the complimentary daily interactions with the Secret Service and the police? Sad!

You can't be dropped off by a car or cab in front of the building, which is blocked off from the avenue by lovely concrete barricades. I assume that you have to show i.d. in the lobby to go up to your apartment every time you enter etc etc. They probably do background reviews of new tenants and owners. Who would want to pay a lot of money to be regularly inconvenienced when you go back and forth? And that won't stop when Trump leaves office if he's going to live there full-time. It's probably one of the main reasons the condo owners are having so much trouble selling their apartments.

BTW, the apartments in the building are condos, which were sold by Trump long ago. The owners can rent them out or sell them, but their difficulties doing that right now don't affect Trump directly the way they would if it was a pure rental apartment building owned by him. He owns the office and retail spaces, which are also struggling.

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Response to Miles Archer (Original post)

Tue May 14, 2019, 02:13 PM

11. I want to live long enough

to see every single thing with the Trump name on it torn down like the Berlin wall and confederate statues.

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Response to Miles Archer (Original post)

Tue May 14, 2019, 06:40 PM

13. Trump Tower Is Now One of NYC's Least-Desirable Luxury Buildings

Trump Tower Is Now One of NYC’s Least-Desirable Luxury Buildings

Most condo owners who sold since 2016 have recorded a loss
‘No one wants in that building,’ says one former owner

https://www.bloomberg.com/news/articles/2019-05-14/trump-tower-is-now-one-of-nyc-s-least-desirable-luxury-buildings?srnd=premium

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