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Regular-article-logo Friday, 26 April 2024

Trump family asks his team for rent relief

Trump International Hotel had been a favored gathering place for lobbyists, foreign dignitaries and others hoping to score points with the president

New York Times News Service New York Published 22.04.20, 07:41 PM
Nurses hold a demonstration outside Jacobi Medical Center to protest a new policy by the hospital requiring a doctor's note for paid sick leave in the Bronx borough of New York

Nurses hold a demonstration outside Jacobi Medical Center to protest a new policy by the hospital requiring a doctor's note for paid sick leave in the Bronx borough of New York (AP photo)

Trump’s signature hotel in the nation’s capital wants a break on its rent. The landlord determining the fate of the request is Trump’s own administration.

Trump International Hotel, just a few blocks from the White House, had been a favored gathering place for lobbyists, foreign dignitaries and others hoping to score points with the president. But like most hotels, it is now nearly empty and looking to cut costs because of the pandemic.

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In recent weeks, the President’s family business has inquired about changing its lease payments, the company confirmed on Tuesday, which the federal government has reported amount to nearly $268,000 per month.

The Trump Organisation owns and operates the luxury hotel, but it is in a federally owned building on Pennsylvania Avenue. As part of its deal to open the 263-room hotel, the company signed a 60-year lease in 2013 that requires the monthly payments to the General Services Administration.

The Trump Organisation is current on its rent, according to Eric Trump, the president’s son, but he confirmed that the company had opened a conversation about possible delays in future monthly payments.

The younger Trump said the company was asking the GSA for any relief that it might be granting other federal tenants. The President still owns the company, but his eldest sons run the day-to-day operations.

“Just treat us the same,” Eric Trump said in a statement on Tuesday. “Whatever that may be is fine.”

On Tuesday, Trump was asked about several of his family company’s luxury clubs furloughing workers as a result of the coronavirus. All told, the Trump Organisation has furloughed nearly 200 workers at its properties, including the Trump hotel.

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