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Tuesday, 14 June 2016

The Trump Files: The Brief Life of the "Trump Chateau for the Indigent"


Until the election, we're bringing you "The Trump Files," a daily dose of telling episodes, strange-but-true stories, or curious scenes from the life of presumptive GOP nominee Donald Trump.

In 1981, Donald Trump was facing a dilemma. He had purchased a series of elegant but old buildings overlooking Central Park in New York, hoping to quickly demolish them and erect new, glitzy replacements where he could charge sky-high rent. But one of them, 100 Central Park South, was filled with tenants who had no interest in giving up their rent-controlled apartments, and Trump was having a hard time convincing them to leave.


The problem was of his own making. "I didn't fully understand until much later…that it's almost impossible to legally vacate a building filled with rent-controlled and rent-stabilized apartments," he noted in his 1987 bestseller, The Art of the Deal. But that didn't mean he didn't try. He sent eviction notices and cut off heat, hot water, and other services, according to lawsuits filed against him. None of that worked, so he tested another solution.

From Mother Jones, read it HERE

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