General Discussion

ProfessorGAC

(77,498 posts)

30. Owned By The Trump Organization

Wed Jun 10, 2026, 02:12 PM

20 hrs ago

It's not a licensed use of the name.
Technically though, the banks own the place. There are loans on top of loans. Likely the leverage exceeds the assessed value of the property.
The hotel is never sold out, the underground retail space is a ghost town & the living spaces & office floors are about 30% unoccupied.
Another investment by him that was a disaster; for others. (Mostly the idiot bankers that were still lending him money 10 to 18 years ago.)

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Figarosmom twodogsbarking byronius wyn borkins

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Highlight:

"If enacted, it would make Trump Tower's official address 401 N. Barack Hussein Obama Avenue. I'd love that for him.🖕😁 [View all] riversedge Yesterday OP

Make it so! marble falls Yesterday #1

At Risk of a Flogging wyn borkins Yesterday #2

The Hussein part is unnecessary for sure. KS Toronado Yesterday #3

I imagine they're including Hussein YodaMom2 Yesterday #17

And when Obama was sworn into office, JustABozoOnThisBus 20 hrs ago #33

not much worse than for example moonshinegnomie Yesterday #4

Still much better than Jean Baptiste Point du Sable Lake Shore Drive Torchlight Yesterday #5

Yeah, by the time that came out of the navigation software, ... JustABozoOnThisBus 20 hrs ago #34

The way Trump emphasizes "Hussein" when he speaks the name, it should be in the official street name, IMO. -nt CrispyQ Yesterday #7

Yes, I Understand...And Perhaps You Are Correct (n/t) wyn borkins Yesterday #9

Absolutely LuvLoogie Yesterday #10

Why isn't Obama Avenue enough? ananda 23 hrs ago #20

It's a four block strip of Wabash.... reACTIONary 22 hrs ago #24

YesI mean stage left 20 hrs ago #35

Plenty of roads have a person's first and last name IronLionZion 14 hrs ago #46

Maybe like Martin Luther King streets are usually called MLK street, boulevard, etc. use his initials Deuxcents 11 hrs ago #51

HaHaHaHaHaHaHaHaHahaHaha! surfered Yesterday #6

This should be like a one phone call thing Blue Owl Yesterday #8

Turn left off of Pedodent St. multigraincracker 23 hrs ago #23

So mote it be! niyad Yesterday #11

is that the place with all the vacancies? GusBob Yesterday #12

About 30% ProfessorGAC 20 hrs ago #29

Kick dalton99a Yesterday #13

They can have a bit more fun with it Renew Deal Yesterday #14

Do it! Do it! Do it! 3catwoman3 Yesterday #15

"Follow Obama until you get to your destination" Seinan Sensei Yesterday #16

Go Chicago Go ChicagoTeamster Yesterday #18

This would be awesome! mcar 23 hrs ago #19

This could not happen to a more deserving tower! Janbdwl72 23 hrs ago #21

If Chicago does this, maybe New York City is next! FakeNoose 23 hrs ago #22

I vote yes as an NYC'r! electric_blue68 17 hrs ago #43

please, please let it happen! berksdem 22 hrs ago #25

Please proceed. FSogol 22 hrs ago #26

Do it MustLoveBeagles 22 hrs ago #27

That would be sublime. Figarosmom 20 hrs ago #28

Owned By The Trump Organization ProfessorGAC 20 hrs ago #30

Thanks for the info Figarosmom 20 hrs ago #31

The money launderers drmeow 17 hrs ago #38

Yeah, I've Heard That Before ProfessorGAC 17 hrs ago #39

You don't think drmeow 17 hrs ago #40

No, I Do Not ProfessorGAC 17 hrs ago #41

Real estate is actually a drmeow 13 hrs ago #47

omg yes! They have to use Obama's entire name...that is a must. Passages 20 hrs ago #32

add Michelle and better yet twodogsbarking 18 hrs ago #36

HA HA great idea! Passages 18 hrs ago #37

Hahahahaaa! Go, Chicago! electric_blue68 17 hrs ago #42

No matter how long the street sign needs to be dlk 16 hrs ago #44

Who do we write to voice our support?!?!? debsy 15 hrs ago #45

Let's keep going jmowreader 12 hrs ago #48

I stayed around the corner from there a year ago louis-t 12 hrs ago #49

That's something Chicago would definitely do. I love my city! lees1975 11 hrs ago #50

please Jesus make it so. Buzz cook 10 hrs ago #52

A little history here and a swift kick to trump's posterior... Totally Tunsie 9 hrs ago #53

The Universe is smiling. Joinfortmill 2 hrs ago #54