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Friday, 17 March 2017

Finance: A penthouse owned by Trump's trust is on the market for $35 million — here’s a look inside


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Trump transferred the unit, located at 502 Park Avenue, to the trust in January, but he has been trying to sell the unit for quite a while.

A penthouse at Trump Park Avenue owned by the Donald J. Trump Revocable Trust, of which the president is the exclusive beneficiary, just hit the market asking $35 million, according to public records.

Trump transferred the unit, located at 502 Park Avenue, to the trust in January, but he has been trying to sell the unit for quite a while. He first listed it in 2008 for $45 million, then raised the ask to $51 million after a renovation, before dropping it back down to $31 million. He brought it back to the market in 2013 for $45 million, but ultimately took down the listing in March 2016, when it was asking $35 million.



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