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(Independent)   Trump condos going for bargain prices because no one wants to live in them   (independent.co.uk) divider line
    More: Sad, Donald Trump, Manhattan, Empire State Building, New York City, Trump business empire, Associated Press, 40 Wall Street, condo prices  
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3403 clicks; posted to Politics » on 05 Jun 2021 at 12:50 PM (2 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



120 Comments     (+0 »)
View Voting Results: Smartest and Funniest


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2021-06-05 10:53:01 AM  
Maybe if he'd stayed just a money launderer, instead of trying to get greedy and get some extra cash just for himself, he might have been OK.

Add this to the list of businesses that Donnie has failed.
 
2021-06-05 11:11:00 AM  
He would have had no issue selling condos to Saudi business men and Russian Oligarchs had he remained President.  The bottom has fallen out of the grift.
 
2021-06-05 12:10:18 PM  
Could be a good deal in the long term. There's a very real likelihood that Trump will go bankrupt or have to sell, and once the new owner puts their name on the building the values should rise again.

/Unless he used cheap concrete or something and the whole thing has to be rebuilt.
 
2021-06-05 12:33:21 PM  
Instead of putting the Sad tag on this one, it should have been Giggity.
 
2021-06-05 12:33:44 PM  
The condos were used for money laundering.  No one wants to give Trump money anymore since he is worthless.

doubt the condos are even decent places to live
 
2021-06-05 12:52:21 PM  
Trump brand is so tarnished Barron will have to change his name.
 
2021-06-05 12:54:17 PM  
If the moron had never run for president he could still launder money for the russian mafia and grift like he has done since 1987 with zero problem.

/well maybe another bankruptcy or two
//but the FBI probably wouldnt be looking into his crimes because they never did because white + man +  straight + money + crimes = FBI wont investigate you ever
 
2021-06-05 12:55:27 PM  

mrshowrules: He would have had no issue selling condos to Saudi business men and Russian Oligarchs had he remained President.  The bottom has fallen out of the grift.


I think I read that his business was failing even before COVID hit. At least, it was losing money because being an idiot on tv and Twitter every day only appeals to people without the money to spend on real estate.
 
2021-06-05 12:56:04 PM  
If you want to increase sales, replace the TRUMP on the building with nothing and you'll solve the problem.


But Trumpy's ego will never allow it.

Cry harder you stupid orange biatch.
 
2021-06-05 12:57:56 PM  
So... fun Vancouver fact.

Trump Tower in Vancouver opened in 2017 and became insolvent and closed up in 2020.

Since then someone has tried keeping a lounge open called the Ivy or something.

That too has since closed down due to *wait for it* not enforcing Covid policy.

Also criminals kept fighting...

From Another Article: "...and in the few months after the Ivy opened last year, it became a known hang-out for the city's organized-crime figures, those documents suggest."

So... small surprise decent people everywhere want nothing to do with Trump's brand.

I never spent dollar 1 in that shiat-trap.
 
2021-06-05 12:58:39 PM  

cameroncrazy1984: mrshowrules: He would have had no issue selling condos to Saudi business men and Russian Oligarchs had he remained President.  The bottom has fallen out of the grift.

I think I read that his business was failing even before COVID hit. At least, it was losing money because being an idiot on tv and Twitter every day only appeals to people without the money to spend on real estate.


Most of his sales were either bargain bin to a real person or "well above market value" for a mobster.
 
2021-06-05 12:58:44 PM  

browneye: Instead of putting the Sad tag on this one, it should have been Giggity.


I was thinking more "sad trombone" sad more than "that's too bad" sad.
 
2021-06-05 12:59:54 PM  
So Trump's base, droolers, can't afford overpriced luxury condos?

Sad.  Anyway..
 
2021-06-05 1:01:14 PM  
I wouldn't pay five dollars for a Trump condo.
 
2021-06-05 1:01:20 PM  
Buy 'em up cheap and hold them until his name is removed from the marquee and then sell them at market value for a tidy profit. In five years I doubt there will be any properties other than the NYC tower that still have his name on them. If you are lucky you can offset taxes and tenant fees with some creative AirBnB marketing in the meantime.
 
2021-06-05 1:01:21 PM  

Carter Pewterschmidt: Could be a good deal in the long term. There's a very real likelihood that Trump will go bankrupt or have to sell, and once the new owner puts their name on the building the values should rise again.

/Unless he used cheap concrete or something and the whole thing has to be rebuilt.


I'm sure he paid the mob top dollar for that concrete. Oh, wait, you meant poor quality...
 
2021-06-05 1:01:26 PM  
It's Ironic (not really) that the only property making Trump any money is located in Nancy Pelosi's liberal, communist, socialist district of San Francisco.

https://www.bloomberg.com/news/articl​e​s/2021-04-30/trump-scores-617-million-​of-cash-with-vornado-from-tower-bonds
 
2021-06-05 1:01:47 PM  
amazing that amid a massive real estate boom, Trump has managed to screw up enough that selling his condos has become toxic. trump has always had the midas touch when it comes to business.
 
2021-06-05 1:03:21 PM  

Night Train to Wakanda: Trump brand is so tarnished Barron will have to change his name.


"Hi, I'm Barron Obama..."
 
2021-06-05 1:03:40 PM  

quatchi: From Another Article: "...and in the few months after the Ivy opened last year, it became a known hang-out for the city's organized-crime figures, those documents suggest."


So vancouver knows who the organized-crime figures are but wont arrest em. Great job people.
 
2021-06-05 1:05:15 PM  
He must be pissed...house sales are through the roof here on the East Coast.
 
2021-06-05 1:06:12 PM  

browneye: Instead of putting the Sad tag on this one, it should have been Giggity.


Still waiting for the Fark "SCHAUDENFREUD" tag.
 
2021-06-05 1:09:11 PM  
The state should buy them up and turn them into housing for the homeless for maximum shade.

thumbs.gfycat.comView Full Size
 
2021-06-05 1:09:37 PM  

lolmao500: quatchi: From Another Article: "...and in the few months after the Ivy opened last year, it became a known hang-out for the city's organized-crime figures, those documents suggest."

So vancouver knows who the organized-crime figures are but wont arrest em. Great job people.


Yeah, they're the real estate agents
 
2021-06-05 1:11:48 PM  
Fark user imageView Full Size
 
2021-06-05 1:14:32 PM  

hubiestubert: Maybe if he'd stayed just a money launderer, instead of trying to get greedy and get some extra cash just for himself, he might have been OK.

Add this to the list of businesses that Donnie has failed.


I suspect its the smell of urine.
 
2021-06-05 1:14:59 PM  

quatchi: So... fun Vancouver fact.

Trump Tower in Vancouver opened in 2017 and became insolvent and closed up in 2020.

Since then someone has tried keeping a lounge open called the Ivy or something.

That too has since closed down due to *wait for it* not enforcing Covid policy.

Also criminals kept fighting...

From Another Article: "...and in the few months after the Ivy opened last year, it became a known hang-out for the city's organized-crime figures, those documents suggest."

So... small surprise decent people everywhere want nothing to do with Trump's brand.

I never spent dollar 1 in that shiat-trap.


I was in Vancouver in 2018, and my parents and I made rude gestures to the building every time we passed it.  Glad to hear about its troubles.
 
2021-06-05 1:16:13 PM  

casual disregard: I wouldn't pay five dollars for a Trump condo.


Unless they can get rid of the piss smell.
 
2021-06-05 1:16:43 PM  
"per cent"?
 
2021-06-05 1:16:45 PM  

lolmao500: quatchi: From Another Article: "...and in the few months after the Ivy opened last year, it became a known hang-out for the city's organized-crime figures, those documents suggest."

So vancouver knows who the organized-crime figures are but wont arrest em. Great job people.


Well, you know, warrants are still a thing, and evidence...
 
2021-06-05 1:17:31 PM  

TomDooley: It's Ironic (not really) that the only property making Trump any money is located in Nancy Pelosi's liberal, communist, socialist district of San Francisco.

https://www.bloomberg.com/news/article​s/2021-04-30/trump-scores-617-million-​of-cash-with-vornado-from-tower-bonds


Better than trumps fascist florida.
 
2021-06-05 1:18:18 PM  

theteacher: He must be pissed...house sales are through the roof here on the East Coast.


No

But the condos smell pissy
 
2021-06-05 1:19:32 PM  
Yeah, I think that the condos were never really intended to be places to live in, although some might have tried. They were vehicles for money laundering, with a plausible list of high end features that someone might conceivably pay a lot more than market value for because they were "desirable". Now the laundering bubble is popped and they are back to market value for poorly constructed condos in a dumpy tower in a mediocre location.
 
2021-06-05 1:20:21 PM  
Eventaully the price is gonna fall so low that it will fill up with struggling immigrants and section 8 vouchers, ironically making it the only good thing Trump ever did for anyone
 
2021-06-05 1:22:04 PM  

cameroncrazy1984: mrshowrules: He would have had no issue selling condos to Saudi business men and Russian Oligarchs had he remained President.  The bottom has fallen out of the grift.

I think I read that his business was failing even before COVID hit. At least, it was losing money because being an idiot on tv and Twitter every day only appeals to people without the money to spend on real estate.


The problem with current forms of capitalism is that once you reach a certain threshold of money, no matter how incompetent you are, you can never become really become completely broke.  That's why you know it is a flawed system.  A proper economic system should allow wealth to completely disappear if you are an incompetent asshole.
 
2021-06-05 1:22:16 PM  
So Bidens policies are hurting the condo markets like every other market?
 
2021-06-05 1:23:55 PM  
Carter Pewterschmidt:

Knowing what we know of him now, nothing screams "quality" in anything that the brand has touched. I'm reminded of the Bluth family...

Fark user imageView Full Size
 
2021-06-05 1:25:24 PM  
I'm just waiting for all of his properties to magically burn to the ground. For the insurance payout.
 
2021-06-05 1:27:03 PM  

Gyrfalcon: lolmao500: quatchi: From Another Article: "...and in the few months after the Ivy opened last year, it became a known hang-out for the city's organized-crime figures, those documents suggest."

So vancouver knows who the organized-crime figures are but wont arrest em. Great job people.

Well, you know, warrants are still a thing, and evidence...


Use terrorism laws against em.
 
2021-06-05 1:27:37 PM  
Fark user imageView Full Size
 
2021-06-05 1:28:13 PM  

kozlo: Carter Pewterschmidt:

Knowing what we know of him now, nothing screams "quality" in anything that the brand has touched. I'm reminded of the Bluth family...

[Fark user image image 425x237]


Wow, interesting they did a homage to the famous

i.pinimg.comView Full Size


/Supposedly Keaton was depressed at the time of filming & wasn't too concerned about the safety.
 
2021-06-05 1:28:17 PM  

mrshowrules: He would have had no issue selling condos to Saudi business men and Russian Oligarchs had he remained President.  The bottom has fallen out of the grift.


Until 2024.
 
2021-06-05 1:30:51 PM  

Wadded Beef: Night Train to Wakanda: Trump brand is so tarnished Barron will have to change his name.

"Hi, I'm Barron Obama..."


I would not be surprised if he'd changed his name to John Smith.
 
2021-06-05 1:32:00 PM  
andrewagill:

Well I learned something today, thanks!
 
2021-06-05 1:32:12 PM  
 

Night Train to Wakanda: Trump brand is so tarnished Barron will have to change his name.


Perhaps, in a nod to his father's brilliance in dealing with Forbes, he will assume the moniker Barron Barron.
 
2021-06-05 1:32:57 PM  

lolmao500: Gyrfalcon: lolmao500: quatchi: From Another Article: "...and in the few months after the Ivy opened last year, it became a known hang-out for the city's organized-crime figures, those documents suggest."

So vancouver knows who the organized-crime figures are but wont arrest em. Great job people.

Well, you know, warrants are still a thing, and evidence...

Use terrorism laws against em.


It's Canada they actually have a functional democracy and can't just declare groups terrorists without having proof.
 
2021-06-05 1:35:06 PM  
Fark user imageView Full Size
 
2021-06-05 1:35:51 PM  
The place is littered with fast food wrappers and smells like ephedrine sweat
 
2021-06-05 1:36:13 PM  

awruk!: Wadded Beef: Night Train to Wakanda: Trump brand is so tarnished Barron will have to change his name.

"Hi, I'm Barron Obama..."

I would not be surprised if he'd changed his name to John Smith.


Fark user imageView Full Size
 
2021-06-05 1:36:56 PM  

Carter Pewterschmidt: Could be a good deal in the long term. There's a very real likelihood that Trump will go bankrupt or have to sell, and once the new owner puts their name on the building the values should rise again.

/Unless he used cheap concrete or something and the whole thing has to be rebuilt.


He does use cheap materials, but he only cares about surface details. He doesn't care about the bones of the buildings beyond price. So really it depends on the construction manager and how much they were able to sneak past Trump. And much his mafia buddies farked him over on the concrete. Trump buildings all have concrete skeletons because of his mob connections.
 
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