In The New York Real Estate Market, Trump's Name May Be Losing Its Luster [View all]
James Tufenkian loves everything about the 72-story glass tower where he lives on Manhattan's East Side, near the United Nations. It has great views, a helpful and accommodating staff and is very well managed.
The only thing he doesn't like is the name: Trump World Tower.
"I have to explain to everybody who comes to visit me that I'm sorry about the name on the building, that I live there doesn't constitute any kind of endorsement," says Tufenkian, who heads a New York carpet company.
New York may be the place Donald Trump calls home and made his fortune, but he remains distinctly unpopular in much of the city and lost the 2016 election to Hillary Clinton by a landslide there.
Now, there are signs the Trump name, emblazoned on high-end properties all over the city, is suffering the consequences.
Read more: http://kanw.com/post/new-york-real-estate-market-trumps-name-may-be-losing-its-luster
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