Lawsuit claims Eric Trump secretly approved deal passing millions in fees to condo owners at tower near UN | amNewYork

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Lawsuit claims Eric Trump secretly approved deal passing millions in fees to condo owners at tower near UN | amNewYork
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Lawsuit claims Eric Trump secretly approved deal passing millions in fees to condo owners at tower near UN

amNY Sports email newsletterFormer President Donald Trump’s son Eric has been accused in a new lawsuit of orchestrating a deal to convert an unoccupied bar into “amenity space” for residents of Trump World Tower near the United Nations — and secretly pass off the multi-million dollar price tag to condominium residents.the suit in Manhattan Supreme Court

The Trump Corporation, the property manager of the building, is also named in the suit. Trump Corporation is a subsidiary of the former president’s umbrella company, the Trump Organization, acting as a management company at his various properties. The Trump Organization did not respond to a request for comment.The 72-story Trump World Tower as seen from across the East River in Long Island City, Queens.

The resolution clearly violated the condo by-laws, says Beitner, as alterations to common areas costing in excess of $200,000 must first be approved by a vote of all the residents, rather than just the board. Beiter contends that the former commander-in-chief’s son is not just a condo owner designated to serve on the board, but also has a financial interest in the transaction, as president of the sponsor company Trump 845 UN LP LLC, which will collect the special assessment, amenity fees, and rent for the new space from residents.

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