Wednesday, January 13, 2016

Thank You Janet Yellen: Trump Sells Condo at Trump Park Avenue for $14.05 Million



Six months after selling a New York penthouse for $21 million, Donald Trump has sold another condo in the same building for $14.05 million,, reports WSJ.

Trump never lived in the four-bedroom apartment at Trump Park Avenue, according to listing agent Michelle E. Griffith of Trump International Realty, who also represented the buyer. The unit is one of several he retained when he developed the building, she said.

The full-floor unit measures about 4,200 square feet.

The sale isn't related to political fundraising, said Trump's daughter Ivanka, executive vice president of development and acquisitions of the Trump Organization.. “We sell units when the market is conducive to selling,” she said.

The building was purchased by  Trump for $115 million in 2002. The presidential candidate converted it into condominium apartments in 2004.

  -RW

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