New York Realtors “Your Sued”; Donald Trump “Your Insane”
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A farce as only “The Donald” could be involved in is acting out in New York City over real estate commissions on the sale of the waterfront property that runs from 59th Street to 72nd Street in Manhattan.
Donald Trump faces a lawsuit by three real estate brokers who say he still owes them $1.3 million from the profitable sale of land and apartments he owned in Manhattan.
The lawsuit centers on Trump’s sale of 77 acres of riverfront and three buildings to the Extell Development Corp. and the Carlyle Group for $1.8 billion in October. Parties to the deal said it was the biggest residential sale in the city’s history.
Trump said Wednesday that he does not owe the brokers any money - yet.
“The agreement is very clear,” Trump said. “I only pay them when I get paid. We haven’t gotten the money yet. For her to bring a lawsuit against me is insane.” AP Wire
One has to wonder, is this the Donald messing up, or is it a couple of real estate agents trying to see their names in the paper. One thing for certain, odds are it will turn out to be a sordid mess before it gets better.
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Comment by ReyEstate on 25 December 2005:
Any press is good press… They’re probably both in on it.