Trump Tower Condo Values Continue To Plummet By Double Digits
Trump Tower Condo Values Continue To Plummet. Owners Panic As Values Plummet 30% In Less Than 3 Years!
There is one piece of silver lining in Paul Manafort’s deal to forfeit his real estate holdings as part of his plea deal with Special Prosecutor Robert Mueller. He won’t have to wait months to sell his condo in President Trump’s signature building at a loss. Trump Tower Condo values have been plummeting since 2015.
Property values of condominiums in New York City’s Trump Tower are dropping faster than comparable luxury high rises in Manhattan.
Trump Tower condo values have plummeted by nearly 30% per square foot since 2015. Trump Tower’s competitors in the neighborhood have only seen an average of an 8% drop in property value.
Residents have had trouble selling their apartments in a market that has soured on the Trump brand.
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