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Gradually, Trump's toxic name is being removed from properties.
The city of New York is planning to re-name his golf course in the city, and some condo buildings dropped his name a while ago.
The latest example is the old Post Office building in D.C.
The General Services Administration just announced the sale of the lease on the property to CGI Merchant Group, who will be re-naming the property as a Waldorf-Astoria.
Although the hotel struggled financially during most of the Trump’s time in office due to his controversial brand, the lease is expected to sell to CGI for $375 million, well beyond most experts’ estimates of what the property is worth. A sale at that price would deliver Trump an estimated profit of more than $100 million, according to analyses by industry analysts
Should he complete the sale, Trump would have to repay Deutsche Bank $170 million he borrowed to build the project. On top of the roughly $3 million he has been paying the GSA annually in base rent, the lease also stipulates that Trump pay a small share of the purchase price to GSA.