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Trump sells D.C. Post Office hotel for $375 million…. Makes bank.

 
Cap’n Obvious
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User ID: 78963999
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03/26/2022 12:49 AM
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Trump sells D.C. Post Office hotel for $375 million…. Makes bank.
Politico article. Snarky as eff…. But the liberal tears that fell while writing it are glorious.

The $375 million would more than make up for the $200 million Trump’s company put into renovating the historic, federally owned Old Post Office into a hotel, as well as the $70 million that a congressional oversight committee says the hotel lost during Trump’s four years in office.

The investment fund that bought it has former baseball player Alex Rodriguez as one of its investors.

[link to www.politico.com (secure)]
Have a nice day = GFY. GFY = Go Fuck Yourself. If this offends you then have a nice day.
Anonymous Coward
User ID: 79026649
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03/26/2022 01:09 AM
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Re: Trump sells D.C. Post Office hotel for $375 million…. Makes bank.
he did NOT sell the dc hotel...

he never owned it.


He only owned the rights to it for 100 years...
So he sold the rights to it...

The post office and land is still owned by the Government
It was a post office...
Anonymous Coward
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03/26/2022 01:11 AM
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Re: Trump sells D.C. Post Office hotel for $375 million…. Makes bank.
In 2013, the U.S. General Services Administration (GSA) leased the property for 60 years to a consortium headed by "DJT Holdings LLC", a holding company that Donald Trump owns through a revocable trust.





GLP