Donald Trump Park Avenue Duplex Penthouse Drops Price By $20M

New York Observer:

Friday the apartment went back on, but at a discount that would make even Julian Schnabel blush. What was most recently a $51 million tag (which comes out to $8,226 per square foot) is now $31 million (or $5,000).

Read the whole story: New York Observer

Comments

[elleanee]

He was actually a good-looking man at one point in his life. Ivanka says that Trump's new wife is his hairstylist/hair cutter and the woman takes insults about his hair personally. She should stick to what she does best (not sure what that is). Gray roots, dyed red hair, a modified mullet, and an orange man tan is not too flattering on this aging entrepreneur.

[cannante]

always knew he was a bad biz man......

harvard biz school: first rule of good business, never lower your price

[TchoupitoulasCanal]

Well, at that bargain-basement price I can't see why anyone isn't jumping all over that!!!

[sloreader]

Third rate negotiating by the Donald.

[Sepulchre]

All that money any he could get himself a better hair peice, what a pity.

[blingbling65943]

SOLD!!!

I've been waiting for the price to drop, anybody have trumps number

And if I could borrow some gas money....

[madtom]

Is that a coonskin hat? I remember having one when I was a kid.

[hillpill]

... man in a coonskin cap in a big pen, wants eleven dollar bills; you only got ten
-- bob dylan

[concernvoter]

Give it some time, it's going to drop some more.

[twisted-european]

Hmmm ... that furry thing on his head looks more and more like a giant overcomb.

[Lane4411]

The Donald:

40% price reduction sounds about right.

The question is what is the cost basis;

How much of a loan does he have on the property

Donald is in all probability, preparing to put the majority of his holdings into bankruptcy

He like Mark Sanford needs to go away!!!

[OgreDaddy]

Yes PLEASE somebody needs to make him understand that his hair looks ridiculous!

[DeepsyRascal]

he needs to get rid of the squirrel nesting on his head

[jennytaylia]

Hey... no self-respecting squirrel looks like THAT.

[Chicago48]

Ditto his property Trump Tower in Chicago. The owners in the condos now are seeing their property values drop. Some of them have lawsuits against Trump, trying to get out of their contracts. Too bad, the building is a wonderment in Chicago.

[gcallaghan]

Judging by trump's picture, some poor horse is pulling a carriage in cenrtral park without its tail.

[henrypapillon]

It's probably worth about $800,000. i hope Trump loses his arrogant phony butt.