, 3 tweets, 2 min read Read on Twitter
When Trump Tried to Make the Plaza Great Again and Didn’t - America’s most famous hotel was once a cultural landmark. Now it’s a warren of mostly vacant condos owned by absentee billionaires. Its decline began the day Trump bought it. by @JulieSatow
thedailybeast.com/when-trump-tri…
"As owner, Trump quickly began attempting to “make the Plaza great again,” which meant painting gold leaf on every column...

...Just three years after buying the property, Trump became the only owner in its long history to bankrupt the Plaza."

thedailybeast.com/when-trump-tri…
Story by @JulieSatow is a great example of opaque, often foreign (& some corrupt) real estate deals & how Trump was at the forefront decades

"Trump did more to usher in the popularity of foreign ownership of real estate than merely failing at the Plaza"

thedailybeast.com/when-trump-tri…
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