Wednesday 27 November 2019

Trump Tower occupancy rates depended on who asked

President Donald Trump’s firm, the Trump Organization, reported much higher occupancy rates for Trump Tower’s commercial spaces to potential lenders than to tax authorities, ProPublica found. Over three consecutive years, the occupancy rate for the future president’s signature building was reportedly recorded as 11, 16 and 16 percentage points higher to its lender than it was to city tax officials. In documents submitted to the lender, Ladder Capital, for periods ending December 2011 and June



source https://therealdeal.com/2019/11/27/trump-tower-occupancy-rates-depended-on-who-asked/

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