Goodbye to the Trump Bump; Hello to the Trump Slump.
DOW almost 22k solely thanks to Trump. If hillary won the market stays stagnate
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d2betsBARRELED IN @ SBR!
- 08-10-05
- 39995
#806Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388179
#808Massive collapseComment -
d2betsBARRELED IN @ SBR!
- 08-10-05
- 39995
#810And the reverse is true. You credit Trump when the market went up. Things in Year 2 are naturally a whole more about Trump than was Year 1.Comment -
guitarjoshSBR Hall of Famer
- 12-25-07
- 5786
#811This whole thing is still just a bubble, the Fed is taking the air out.Comment -
vitterdRestricted User
- 09-14-17
- 58460
#812I’m sure it’s just a coincidence that mr bankruptcy is bankrupting the country. I mean, this wasn’t exactly hard to see coming.Comment -
guitarjoshSBR Hall of Famer
- 12-25-07
- 5786
#813He entered office with 20 trillion in debt, we're already bankrupt.Comment -
DeathAdderSBR Wise Guy
- 12-04-14
- 588
#814The perfect Christmas Present would be seeing Donald Trump impeached. Not asking for a lot Santa. Make it happen and I'll donate $5000 to Shriners so fast I'd make Usain Bolt do a double take. Want to see every last person with their 401ks, pensions, stocks on the line to turn on this egomaniacal dictator because ya'll gonna lose it with this dipsh_t running the country.Comment -
pavyracerSBR Aristocracy
- 04-12-07
- 82736
#815Trump wipeout out in a week almost a trillion in stock value. This is a disaster never seen in our lifetime.Comment -
DwightShruteSBR Aristocracy
- 01-17-09
- 103112
#816Comment -
MadisonSBR Hall of Famer
- 09-16-11
- 6442
#817Yep. To the tune of unwinding 50 Billion a month of the bonds they bought to prop this deception up. What's the total 4 Trillion?Comment -
Grits n' GravyRestricted User
- 06-10-10
- 13024
#818
Brooks and his white trash family waiting on their govt bologna and cheese so they can celebrate Christmas.Comment -
MadisonSBR Hall of Famer
- 09-16-11
- 6442
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Grits n' GravyRestricted User
- 06-10-10
- 13024
#820Is anyone surprised Trump running market to ground? Every single one of his business ventures goes down the shitter. Fortunately his supporters aren’t fully affected by drop since they have zero money invested in anything.Comment -
RoyBaconBARRELED IN @ SBR!
- 09-21-05
- 37074
#821...are you retarded?
I'm going to answer for you by posting some of his ventures;
- Trump Tower, 725 Fifth Avenue, Midtown Manhattan: A 58-story[79] mixed-use tower, the headquarters of the Trump Organization, was developed in partnership with The Equitable, and opened in 1983. Trump bought out the Equitable's stake in 1986,[80] and now owns the office and retail components of the tower.[81] The building also contains the three-story penthouse apartment that was Donald Trump's primary residence until he moved to the White House.[82] The value of the tower was estimated at $450 million in 2017.[83] Trump took out a $100 million mortgage on the building in 2012.[81]
- Trump World Tower, 845 United Nations Plaza, also in Midtown Manhattan: In 2006, Forbes magazine estimated "$290 million in profits and unrealized appreciation" going to Trump.[84]
- AXA Financial Center in Manhattan and 555 California Street in San Francisco: Trump owns a 30 percent stake in these two office buildings, resulting from a property swap involving Riverside South. Trump's stake in the two buildings was estimated to be at least $850 million as of 2013.[81]
- The Trump Building at 40 Wall Street: Trump bought and renovated this building for $1 million in 1995. The pre-tax net operating income at the building as of 2011 was US$20.89 million and is valued at $350 to $400 million, according to the New York Department of Finance. Trump took out a $160 million mortgage attached to the property with an interest rate of 5.71% to use for other investments.[81] Forbes valued the property at $260 million in 2006.[84]
- Trump International Hotel and Tower Chicago: The entire project is valued at $1.2 billion ($112 million stake for Trump).
- Trump International Hotel Las Vegas: A joint development with fellow Forbes 400 members, Phil Ruffin ("key partner"), and Jack Wishna ("minority partner").[85] In 2006, Trump's stake was estimated at $162 million.[84] In Forbes in March 2017, the Trump International Las Vegas was described as a 50-50 partnership between Donald Sr. and Ruffin, with Eric as the primary manager for the Trump Organization.[70]
- Trump International Hotel and Tower New York: Trump provided his name and expertise to the building's owner (GE) during the building's re-development in 1994 for a fee totaling $40 million ($25 million for project management and $15 million in incentives deriving from the condo sales). Forbes values Trump's stake at $12 million. In March 2010, the penthouse apartment at Trump International Hotel & Tower in New York City sold for $33 million.[86][87]
- Trump Park Avenue Park Avenue & 59th Street: It is valued at $142 million. Trump owns 23 apartments at Trump Park Avenue, which he rents for rates as high as $100,000 per month, and 19 units at Trump Parc.[81]
- 6 East 57th Street: Trump has a leasehold interest on this retail building, adjacent to Trump Tower, through the year 2079.[88] The building was occupied by a Niketown store from 1996 to 2018.[88][89] The value of Trump's interest was estimated at $470 million as of 2015.[90]
- Mar-a-Lago: A historic estate in Palm Beach, Florida, most of which was converted by Trump into a members-only resort. The property was worth as much as $250 million as of 2013.[81] Trump also owns two neighboring private houses, valued at $6.5 million and $3 million.[81]
- Seven Springs: A 213-acre (86 ha) estate with a 13-bedroom mansion near Bedford, New York. Trump paid $7.5 million for the property in 1995.[91] Local brokers put the property's value at around $40 million as of 2013.[81] Trump had hoped to develop the land with a golf course or houses, but apparently abandoned those plans in 2015.[91]
- Beverly Hills house: A 5-bedroom home purchased by Trump in 2007 for $7 million,[92] and valued at $8.5 to $10 million as of 2013.[81]
- Trump International Hotel Washington, D.C.: The Old Post Office Pavilion, historically known as the Old Post Office and Clock Tower, is a property located at 1100 Pennsylvania Avenue NW in Washington, D.C. The Trump Organization developed the property into a luxury hotel, which opened in September 2016.
Carousel
Central Park Carousel: A merry-go-round carousel located in Central Park, Manhattan. In 2010, Trump took over the management of the Central Park carousel, where he promised to revive the merry-go-round after its previous operator was removed by the city's parks department. The carousel generates $589,000 from annual admissions.[93][94][95] The Trump Organization has a contract to operate the carousel through 2021.[96]
Skating rink
Wollman Rink, Central Park
Wollman Rink: A public ice rink in the southern part of Central Park. Wollman Rink has been operated by a joint venture between Trump Organization and Rink Management Services of Mechanicsville, Virginia since 2001. The Trump name is prominently displayed on the walls of the rink as well as on the Zamboni that maintains the rink. Operation of the Lasker Rink on the north edge of Central Park is also handled by the two companies. The rink generates close to $8.7 million in annual income from rink admissions.[78][93][94] The Trump Organization has a contract to operate the rink through 2021.[96]
Trump Winery
Trump Winery is a winery situated on Trump Vineyard Estates near Charlottesville, Virginia. It is valued between $5 million to $25 million.[78]
The vineyard was purchased by Trump in April 2011 from Patricia Kluge, the widow of John Kluge. The property was distressed.[97] and was officially opened in October 2011.[98] Trump Winery is situated in the Monticello Wine Trail. Trump's son Eric was a partner in the purchase.[99]
After purchasing the property, Trump turned over management of the winery to his son.
Golf courses
The Trump Organization owns or manages seventeen golf courses in the United States, Scotland, Ireland, and the United Arab Emirates.[100] As of 2015, Trump listed income of at least $176 million in an 18-month span from his golf courses – about 41% of the low-end estimate of his income.[78]
United States
Trump National Golf Club in Los Angeles
Trump Turnberry golf course in Scotland
- Trump Golf Links at Ferry Point, New York
- Trump International Golf Club, West Palm Beach, Florida
- Trump National Doral Miami: An 800-acre (320 ha) resort with five golf courses, 700 hotel rooms, a spa, meeting spaces, and retail outlets. Trump bought the property out of bankruptcy in 2012 for $150 million, and has spent over $250 million on renovations.[101] Its value has been estimated at over $1 billion, and there was a $125 million mortgage on the property as of 2013.[81]
- Trump National Golf Club, Bedminster, New Jersey
- Trump National Golf Club, Charlotte, North Carolina
- Trump National Golf Club, Colts Neck, New Jersey
- Trump National Golf Club, Hudson Valley, New York
- Trump National Golf Club, Jupiter, Florida
- Trump National Golf Club, Los Angeles
- Trump National Golf Club, Philadelphia
- Trump National Golf Club, Washington, D.C.
- Trump National Golf Club, Westchester, New York
International- Trump International Golf Club, Dubai: A golf course owned by Damac Properties and managed by the Trump Organization.[102] Located in the Damac Hills residential development, it opened in 2017.[102] Trump's involvement with Damac head Hussain Sajwani has been cited as a source of possible conflicts of interest for Trump's presidency.[103][104]
- Trump International Golf Links and Hotel Ireland
- Trump International Golf Links, Scotland: A links course built in Balmedie, Aberdeenshire. The development of the course was controversial because of local concerns about the environmental impact, as well as a legal battle over the construction of a nearby offshore wind farm.
- Trump Turnberry: A historic golf resort with three courses and a hotel, located in South Ayrshire, Scotland. Trump purchased the property in 2014, despite having threatened to withdraw any further investment in Scotland amid the wind farm controversy.[105]
- Trump World Golf Club, Dubai: A second golf course under construction by Damac in its Akoya Oxygen housing development.[106] The course, designed by Tiger Woods, is expected to open in 2018.[106]
Real estate licensing
Trump International Hotel at Las Vegas
The former Trump International Hotel & Tower, Toronto
Many developers pay Donald Trump to market their properties and be the public face for their projects.[107] For that reason, Trump does not own many of the buildings that display his name.[107] According to Forbes, this portion of Trump's empire, actually run by his children, has valuation of $562 million. According to Forbes, there were 33 licensing projects under development including seven "condo hotels" (i.e. The seven Trump International Hotel and Tower developments). Trump has generated more than $74 million in real estate licensing deals and has $823.3 million worth of real estate in joint ventures.[81]
- Manhattan:
- Trump Palace: 200 East 69th Street, New York, NY.
- Trump Parc and Trump Parc East: Two adjoining buildings on Central Park South on the southwest corner of The Avenue of the Americas. Trump Parc East is a 14-story apartment building and Trump Parc (the former Barbizon Plaza Hotel) is a 38-story condominium building.
- Trump Plaza: 167 East 61st Street, New York, NY (36-story, Y-shaped plan condominium building on the Upper East Side)
- 610 Park Avenue (Old Mayfair Hotel): Trump is helping with the construction and development of this property for Colony NorthStar.
- Trump SoHo: Hotel Condominium: A partnership with Bayrock Group to build a 42-story building in Soho.[citation needed] "Russian-born" Felix Sater was listed as an employee of Bayrock when the partnership was born. Sater had served time in prison for injuries he inflicted in a bar fight before the Soho partnership.[71]
- New York City suburbs:
- Trump Bay Street: A 447-unit rental apartment building in Jersey City with the real estate development company, Kushner Properties and The KABR Group.[108]
- Trump Plaza: An apartment tower located adjacent to Trump Bay Street.
- Trump Plaza: A 39-story luxury residence and hotel with retail space in Westchester County, NY with developer Louis R. Cappelli.
- Trump Tower at City Center: A 35-story condominium apartment building built in Westchester County, New York with developer Louis R. Cappelli.
- Trump Parc Stamford: A development in Stamford, Connecticut with F. D. Rich Company and Louis R. Cappelli.
- Trump Park Residences: A development in Shrub Oak, NY with Louis Cappelli.
- Florida:
- Trump International Hotel and Tower Fort Lauderdale: Anticipated completion was 2007. Trump "decided to pull his name from the marquee and end his agreement with the developers" in 2009[109] and the developers defaulted on a $139 million loan in 2010, leaving the building faced with foreclosure.[110] In November 2010, Trump announced he was no longer affiliated with the project.[111]
- Trump Towers Sunny Isles Beach (Sunny Isles Beach, Florida): An oceanfront condominium development consisting of three 271-unit towers with developer Dezer Properties.
- Trump Grande Ocean Resort and Residences: A three-building oceanfront enclave consisting of the Trump International Beach Resort and two residential condominium towers, the Trump Palace and Trump Royale, with developer Dezer Properties.
- Trump Hollywood, a 200-unit, 41-story condominium tower in Hollywood, Florida,[112] developed by Jorge M. Pérez and The Related Companies. Announced in 2006 and began construction a year later.[113][114] Opened in 2009 and foreclosed the following year,[115][116][117] before selling out in 2012.[112]
- Trump Tower: Cancelled project in Tampa, Florida.
- Other domestic:
- Trump Towers Atlanta: project foreclosed and cancelled.[118][119]
- Trump Tower: empty lot in Philadelphia, filed for bankruptcy as of January 2013 to prevent imminent foreclosure.[120]
- Trump International Hotel and Tower Waikiki Beach Walk: Completed in November 2009 with 462 hotel-condominium units.
- Trump International Hotel & Residence: was a proposed real estate development in Phoenix, Arizona that was cancelled on December 21, 2005.
- Trump International Hotel and Tower: New Orleans (Project slated to begin construction during the first quarter of 2007). "Declared dead in July 2011 after the location land was foreclosed on and sold at auction".[citation needed]
- Trump International Hotel and Tower Chicago: Completed in early 2009 (Opened to public January 30, 2009). Cost of construction was approximately US$847 million.[121]
- International:
- Elite Tower, Ramat Gan, Israel was a planned commercial real estate development slated to be the tallest building in Israel. Called the Trump Plaza Tower, Trump shelved the plans in 2007, when the site was sold on to Azorim for NIS 306.5 million.[122][123] Trump purchased the site for $44 million.[124]
- Trump International Hotel & Tower Lido Lake, West Java, Indonesia. Trump Hotels will be involved with the 700-hectare Lido Lake development, 1 hour from Bandung, Indonesia including a six-star luxury resort, 18-hole signature Ernie Els championship golf course, elite Lifestyle Country Club & Spa as well as a high-end residential offering including luxury villas and condominiums.[125][126] One of the Trump Organization's partners in Indonesia is Tanoesoedibjo, who is "building up a following as he mulls a presidential run", according to Forbes.[70][71] MNC Lido City is partially funded by the Chinese government.[127][128]
- Trump International Hotel & Tower Vancouver, Vancouver. A skyscraper under construction in Downtown Vancouver, British Columbia, Canada. The 63-story, 188-metre-high (617 ft), mixed-use tower is located at 1133 West Georgia Street, and has been completed in 2016. Trump Vancouver is the second tallest building in the city, after the Shangri-La tower located across West Georgia Street.[citation needed] The licensed tower in Vancouver is a project primarily of Donald Jr.'s with its builder, "Malaysian heir Joo Kim Tiah".[70]
- Trump Towers Istanbul, Istanbul, Turkey[129]
Trump Ocean Club International Hotel and Tower, Panama
- Trump World Seoul, Korea: Which Trump received a licensing fee of $5 million to lend his name.
- The Palm Trump International Hotel and Tower, Dubai
- Trump Ocean Club International Hotel and Tower, Panama
- Trump Ocean Resort Baja Mexico was a planned 3 tower, 25-story, 526 unit hotel condominium, San Diego. This project collapsed due to the project's failure to secure financing.
- Trump at Cap Cana will be located in Punta Cana, Dominican Republic.
- Trump Tower Manila, Makati City, Metro Manila, Philippines: The brand name and mark under license. Anticipated completion is to be announced.[citation needed] Philippines president Rodrigo Duterte "appointed Trump partner Jose Antonio to serve as a special envoy to the United States just before Trump's November victory".[71]
- Trump Tower, Mumbai, India.[130] "Billionaire Mangal Lodha is developing a 75-story, 300 apartments luxury residential project called Trump Towers building while serving as a regional vice president of a major political party."[71][131]
- Trump Towers Pune, India, built in association with Panchshil Realty in Pune's Kalyani Nagar area.[130][131]
- Trump Towers, Gurugram, India is the largest super-luxury residential development in India with 1.25 million sq. ft. project near Golf Course Extension Road, which will be built by IREO alongside a retail complex for about Rs 1,000 crore.[131]
- Trump Towers, Gurugram, India is the second project in Gurgaon tied up with developer M3M India to build a residential building in Gurgaon.[131]
- Trump Towers Kolkata, India is the result of tie up with Unimark Group and Trump Organization to build a 38 floor 400,000 sq. ft. residential project near Eastern Metropolitan Bypass stretch, Kolkata.[131]
- As of February 2017 in South America, the Trump Organization had one active project: the Trump Tower Punta del Este in Punta del Este, Uruguay. By that time, the company had ended its involvement with two projects in Rio de Janeiro, Brazil: the partially built Trump Hotel Rio de Janeiro and the unbuilt Trump Towers Rio office complex. The company also dropped plans for another office project,[132] the 35-story Trump Office Buenos Aires,[133] which was to be built in Buenos Aires, Argentina.[132] Paulo Figueiredo Filho partnered with the organization in Brazil and "worked mostly with the [Trump] children".[70]
Former properties- Empire State Building: Trump acquired 50 percent ownership of the iconic skyscraper in 1994.[134] After failed efforts to gain control of the building by evicting the master leaseholder, he and his partner sold the building in 2002.[135]
- General Motors Building at Trump International Plaza: Trump partnered with Conseco to buy the 50-story Manhattan office building in 1998, and then attached his name to it.[136] The building was sold in 2003.[137]
- Grand Hyatt New York: Trump partnered with Hyatt to purchase and renovate the historic Commodore Hotel.[45] They reopened the hotel in 1980.[45] Trump sold his stake to Hyatt in 1996.[138]
- Plaza Hotel: A historic hotel in Manhattan. Trump purchased it in 1988. He gave up half of his ownership in a 1992 bankruptcy case, and sold the rest in 1995.[139][140]
- Hotel St. Moritz: Trump bought this Manhattan hotel in 1985 for $72 million, and then sold it in 1988 for $180 million.[141]
- Maison de L'Amitie: A 43,000-square-foot (4,000 m2) oceanfront mansion in Palm Beach, Florida. Trump purchased this property for $41 million at a bankruptcy auction in 2004, renovated it, and then sold it for $95 million in 2008, making it, at the time, the most expensive house ever sold in the United States.[142]
- Trump International Hotel and Tower Toronto, Toronto, Canada
Comment -
vitterdRestricted User
- 09-14-17
- 58460
#822Roy still thinks trump has money. Lmao.
Dude, the guy is as broke as you and his credit rating is lower than Jt315 IQ
His one success in life was being a con man that fooled the dumbest of the dumb to vote for him.Comment -
guitarjoshSBR Hall of Famer
- 12-25-07
- 5786
#823This thread is basically what's wrong with America. Most people would rather get political gain than fix the underlying issues.Comment -
vitterdRestricted User
- 09-14-17
- 58460
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DwightShruteSBR Aristocracy
- 01-17-09
- 103112
#826
Try something .... I dunno .... a chef for instance. Make a dish people will love and give you money to eat it. I bet you will fail several times before you get it right.
It's common knowledge. I thought.Comment -
guitarjoshSBR Hall of Famer
- 12-25-07
- 5786
#827
I doubt we're in a recession right now, and it would be a first if we went from cycle highs to a recession in 3-4 months. If the democrats sweep to power in 2020 and there is no recession, it will probably happen on their watch. Unfortunately, the GOP will probably try to make political hay of it rather than fixing the underlying problem, the Fed.
What we're seeing is the fallacy of central planning, we set the price for credit the same way communist countries set the price of everything, and just as they would end up with massive surpluses or shortages, we're getting the same thing when it comes to credit and liquidity.Comment -
guitarjoshSBR Hall of Famer
- 12-25-07
- 5786
#828Comment -
Thor4140SBR Posting Legend
- 02-09-08
- 22296
#829No we said give him two years and it is all on him and that is what happen. You just can’t get passed your Trump blinders. The guy is a disgrace of a human and if u haven’t figured it out after seeing what he was using his charity money for than you must be despicable too.Comment -
DrunkHorseplayerSBR Hall of Famer
- 05-15-10
- 7719
#831The markets will be fine; trade war talk has people scared, nothing more.Comment -
guitarjoshSBR Hall of Famer
- 12-25-07
- 5786
#832Hard to say at this point, but I think it's safe to say Greenspan, Bernanke, and Yellen were all incompetent, and left a huge bubble. He is probably trying to clean it up, and break the market's reliance on cheap money, but he could easily over tighten and cause a recession. Trump should have picked Neel Kashkari if he was wanting to keep the good times rolling.Comment -
grease lightninSBR Posting Legend
- 10-01-12
- 16015
#833Hard to say at this point, but I think it's safe to say Greenspan, Bernanke, and Yellen were all incompetent, and left a huge bubble. He is probably trying to clean it up, and break the market's reliance on cheap money, but he could easily over tighten and cause a recession. Trump should have picked Neel Kashkari if he was wanting to keep the good times rolling.
Yea, it was great to hear Greenspan say everyone should run for cover earlier this week. He needs to go away once and for all.Comment -
pavyracerSBR Aristocracy
- 04-12-07
- 82736
#835Trump is a tariff man. He will win this war but the price will be the economy tanks.Comment -
RoyBaconBARRELED IN @ SBR!
- 09-21-05
- 37074
#837Luckily the price of Food Stamps remain UNCH.Comment -
chico2663BARRELED IN @ SBR!
- 09-02-10
- 36915
#838no but price of food went up. Shows what a dumb ass trump and his followers are... he said he was the tariff president. Stock market has taken a negative dump of at least 3000. He also had to give farmers 2 give aways after we already give the farmers a give away. Drump doing his best to make us a 3rd world countryComment -
chico2663BARRELED IN @ SBR!
- 09-02-10
- 36915
#839Hey roy are you smart enough to know that he just licensed his name to most those properties? Didn't think so.Comment
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