One week after President Donald Trump was attacked by the Capitol Hill mob, his family-owned real estate company lost its $ 17 million leasing team and contracts with New York.
Since the January 6 attack, companies have distanced themselves from the president’s brand, and Trump sees one relationship after another come back.
Among them are Deutsche Bank, Signature Bank, companies of all kinds in the field of social media and eCommerce and PGA of America, which pulled out his championship from Trump Golf Course in New Jersey on Monday.
This list now includes Cushman & Wakefield and New York City, according to reports from the Washington Post and the New York Times.
Business mediation that provided leasing of offices at Trump Tower and 40 Wall Street in New York and the USA retail leasing in Trump’s organization Hotel in Chicago, Cushman & Wakefield decided he would no longer trade with the Trump organization in a statement to the Washington Post on Tuesday night.
Fred Trump III, the president’s nephew, is the company’s leasing director. Sources for Business Insider said it was recently asked leave the company. Neither he nor Cushman & Wakefield responded to the request for comment, and Trump continues to state its position in the company. LinkedIn.
It is not clear who will handle leasing in Trump Organization companies in the future. The company did not respond to requests for comments.
The invasion of the Capitol forced the city to Assessment its four contracts with the Trump organization, which Mayor Bill de Blasio claims are worth $ 17 million a year. She considered ending them after previous disputes, but saw no legal basis. On Wednesday morning, the city pulled the trigger and said it would annulment Trump’s carousel contracts in Central Park, two ice rinks in Central Park and Trump Golf Links in Ferry Point, Bronx.
Amanda Miller, a spokeswoman for Trump’s organization, told the Times that she would fight the city’s decision “vigorously.”
“The City of New York has no legal right to terminate our contracts, and if they choose to continue, they will owe Trump more than $ 30 million,” she said in a statement. “It’s nothing more than political discrimination, an attempt to violate the First Amendment.”
New York’s decision to cancel contracts with Trump’s organization raises the spectrum of whether or not something similar could have happened The Trump International Hotel Washington, DC The company has land with the federal government for a former hotel that became a post office.
Brokerage JLL has worked with Trump’s organization to sell real estate since last year, but days after the riots in the Capitol building, JLL confirmed that he would not be involved in the agreement.
Trump did not respond to requests for comments.