Trump Org Seeks Rent Relief From Trump Admin

The New York Times reports:

President Trump’s signature hotel in the nation’s capital wants a break on its rent. The landlord determining the fate of the request is Mr. Trump’s own administration. Trump International Hotel, just a few blocks from the White House, had been a favored gathering place for lobbyists, foreign dignitaries and others hoping to score points with the president. But like most hotels, it is now nearly empty and looking to cut costs because of the coronavirus pandemic.

In recent weeks, the president’s family business has inquired about changing its lease payments, the company confirmed on Tuesday, which the federal government has reported amount to nearly $268,000 per month. The Trump Organization owns and operates the luxury hotel, but it is in a federally owned building.  As part of its deal to open the 263-room hotel, the company signed a 60-year lease in 2013 that requires the monthly payments to the General Services Administration.

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