LAST FALL, THE TRUMP ORGANIZATION dropped an October surprise: It was thinking of selling its luxury DC hotel, a towering, granite symbol of Trump’s takeover of official Washington—and of his unprecedented, for-profit presidency. The timing was notable. It was nearly three years to the day that the Trumps used golden scissors to snip the ribbon on the just-renovated property, housed in a historic, Romanesque Revival–style federal building that had served as DC’s main post office until World War 1. By contract with its landlord, the General Services Administration, this anniversary was the first chance the Trumps had to offload their lease. The proposed price tag: $500 million, one of the highest amounts per room that any hotel has ever commanded.
But why put the hotel on the block now? “People are objecting to us making so much money on the hotel, and therefore we may be willing to sell,” the president’s son Eric told the Wall Street Journal, which broke the story. The hotel had become known as one of Trump’s most brazen conflicts of interest. Yet Eric’s rationale didn’t add up. By his logic, the Trump Organization hoped to halt ethical questions over the hotel by creating a gigantic new conflict of interest, since the motives of any potential buyer would be in question.
This story is from the September/October 2020 edition of Mother Jones.
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This story is from the September/October 2020 edition of Mother Jones.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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