The Washington Post reports:
D.C. real estate investor and developer Brian Friedman says he will bid to acquire the lease to President Trump’s 263-room luxury hotel in downtown Washington, a project that has generated ethical controversies for the president since he entered office.
Friedman said he would like to partner with Hilton to turn the Trump International Hotel into a Waldorf Astoria, or with Rosewood, a Hong Kong-based chain that has nine hotels in the United States, including one in Georgetown.
After touring the Trump hotel recently, Friedman said the building was in “amazing” condition. Friedman added that the property was underperforming and that Trump was smart to try to sell his interest in it while he is in the White House because the hotel’s business could worsen once he leaves office.