The Homes of Donald Trump

Donald Trump has been getting a lot of attention lately. However, that is nothing new.

His career began in the 1960s, when he took a foreclosed Cincinnati apartment complex and turned it around for a hefty profit. He then turned his attention to reviving pieces of Manhattan real estate that had been abandoned during its 1970s financial crisis. After restoring Central Park’s Wollman Stadium in the 1980s, he achieved the high reputation it is today, and it shows no signs of waning.

Trump is primarily known for the properties his company owns, but he is almost as well known for the properties that he privately owns. Because he fits a personality larger than his life, he lives in vast properties around the world, all of which are noticed when he buys or sells them, or even just renovated. pool.

Click ahead to see the real estate properties that Donald Trump has called home over the past few years and a few that represent the future of his company.

By Daniel Bukszpan
April 28, 2011

Donald Trump’s main personal residence is in the Manhattan skyscraper that bears his name, Trump Tower. There are several other Trump Towers in the world, but the one on Fifth Avenue is where he hangs his hat. The building, worth more than $300 million, is home to Qatar Airways’ New York offices, as well as Gucci’s flagship retail location, according to Forbes magazine.

The building has been around for nearly 30 years and is where the winners of the Miss Universe, Miss USA and Miss Teen USA pageants lived for a year. Saudi Prince Mutaib bin Abdul-Aziz also lives there and he owns an entire floor. However, that number is very modest compared to the apartment owned by Trump. The building’s most famous residents live in an apartment that occupies the top three floors of the tower and measures 30,000 square feet. It is estimated to be worth $50 million and it is considered one of the most valuable apartments in New York City.

Maison de L’Amitie is the 60,000-square-foot estate that Trump bought for $41 million in 2004. A year later, in the third season of The Apprentice, winner Kendra Todd was given the assignment. renovated it for $25 million, and she did her best, lining it with gold and diamond fixtures.

In 2010, Trump sold his property to Russian billionaire Dmitry Rybolovlev for $95 million. That’s actually $25 million less than Trump’s original asking price, but it’s still a 130% return on his investment, leading him to argue the flip is a sign of a housing market. is improving.

When selling the mansion, Trump gave up nearly 500 feet of sea, as well as a garage that can hold nearly 50 cars and enough bathrooms for 22 people at once. However, he also waives high taxes — he paid almost $1 million in property taxes in 2007 alone.

In 1995, Donald Trump bought a Georgian-style mansion in Bedford, New York for $7.5 million. It was built in 1919 and was once the home of former Washington Post owner Eugene I. Meyer Jr., a 200-acre estate with 13 bedrooms, 12 bathrooms, a playroom, two floors and a marble indoor swimming pool.

Trump originally planned to build a golf course in the area, but he faced opposition from the towns of Bedford, New Castle and North Castle, partly because residents were concerned about pollution from the trees. chemically treated will find its way into Lake Byram. and contaminate their drinking water.

After canceling plans to build a golf course, Trump instead decided to build 15 luxury homes on the property and renovate existing ones, including his own. The new properties are expected to occupy about 15,000 square feet on the 10-acre site, feature private pools and tennis courts, and sell for $25 million each. However, in 2008, Trump halted the project and he plans to put it on hold until the housing market recovers.

Donald Trump bought Mar-a-Lago, the former estate of General Foods founder, Marjorie Merriweather Post, in 1985 for $10 million. Built in the 1920s and declared a national landmark in 1980, this 17-acre site is a popular event venue, hosting both the International Red Cross Festival and wedding of Michael Jackson and Lisa Marie Presley. It has 12 fireplaces, more than 30 bathrooms and nearly 60 bedrooms, as well as three bomb shelters.

In 2006, Trump angered some local residents when he raised the flag on an 80-foot pole, nearly twice the height of town regulations. He refused to take it down and the Palm Beach city council charged him $1,250 a day for every day it remained aloft. Trump protested for $25 million, and the matter lasted for six months. It was eventually settled when he agreed to lower the flag 10 feet, move it out of the ocean, and donate $100,000 to Iraq War Veterans’ charities.

Donald Trump recently spent time in Rancho Palos Verdes, Southern California to oversee the construction of the Trump National Golf Course. While there, he remained in the property he is currently selling for $12 million. It overlooks both the Pacific Ocean and the new golf course. Today, the golf club is the third largest employer in Rancho Palos Verdes, with 300 employees on the payroll.

The 11,000-square-foot mansion is indeed somewhat restrained and modest by Trump’s standards. It has two floors, nine bathrooms and five bedrooms, as well as a garage for four cars and a swimming pool. The house is meant to take its place among 50 other properties that will include an exclusive community.

Although Donald Trump may own a lot of personal wealth, his real estate investments have helped pay the bills and that have turned his business into a global company. As a result, the Trump Organization owns a diverse portfolio of high-value properties around the world.

For example, Trump World I, II, and III are located in the South Korean cities of Seoul, Busan, and Daegu. These properties are condominium projects completed in 2007. Donald Trump received a $5 million licensing fee for the use of his name.

The Trump Organization also has international properties located closer to the United States. In the Caribbean, the company is developing Cap Cana, a resort at the eastern tip of the Dominican Republic. It is located along 5 miles of coastline and is home to the Cap Cana Championship, a golf tournament held on a course designed by former professional golfer Jack Nicklaus. In Central America, Trump Ocean Club is scheduled to open in Panama. The tower is 62 stories tall, it will have 450 apartments, a beach club, a yacht club and a casino. And in North America, Trump International Hotel & Tower Toronto is a 60-story luxury structure with 261 hotel suites and 118 residences.