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[public]The organization has many projects in foreign nations, leading some to point to a conflict of interest with foreign nations as a result of Donald Trump's position as the president of the United States.

[public]We have all the funding we need out of Russia. " Eric Trump later denied making the statement, although some of the company's financing apparently involves Russian money.

[public]" James Dodson, a golf magazine writer, said that during a 2014 golf game, he asked Trump's son Eric how the organization was funding its golf resort acquisitions, to which Trump responded, "Well, we don't rely on American banks.

[public], was quoted as saying at a 2008 New York real estate conference, "In terms of high-end product influx into the US, Russians make up a pretty disproportionate cross-section of a lot of our assets ... We see a lot of money pouring in from Russia.

[public]Several hundred contractors or workers for the organization have filed lawsuits or liens saying they were not paid for their work, and others say they had to settle for cents on the dollar. Trump's eldest son, Donald Jr.

[public]At least three lawsuits followed and the company was disestablished in 2005. By mid-2016, it was alleged that the organization, specifically under the leadership of Donald Trump, had a history of not paying for services rendered.

[public]From 2000 on, the Trump Organization held 50% of TD Trump Deutschland AG, a corporate venture with a German company, planning to build a skyscraper named "Trump Tower Europe" in Frankfurt, Berlin or Stuttgart, but allegedly never paid the full amount of their €2 million share.

[public]During the 2000s and 2010s, Trump borrowed $2 billion from the bank, owing it about $360 million in 2016.

[public]The bank provided Trump with a variety of services including financial instruments designed to shield him from risks and outside scrutiny, and helped connect Trump to wealthy clients (including some from Russia) who were interested in Western real estate.

[public]The bank was fined $630 million in 2017 for facilitating a $10 billion Russian money laundering scheme.

[public]In the process of its rapid expansion, the bank engaged in numerous questionable practices, including manipulating currencies and interest rates, laundering billions of dollars for Russian oligarchs and misleading international bank regulators.

[public]From late April to late June, Trump was held in civil contempt for failing to provide subpoenaed documents.

[public]After initially announcing as many as thirty potential deals in their pipeline, the ventures were scrapped in early 2019, with only one uncompleted hotel in Mississippi.

[public]announced the creation of two new signature hotel brands, Scion and American Idea, as "the next generation of the company".

[public]Trump Plaza: After closing in 2014, the 34-story hotel and casino building fell into disrepair and was dynamited in 2021. === Scion and American Idea hotels === Early in the Trump presidency, Eric Trump and Donald Trump Jr.

[public]Trump Golf Links at Ferry Point: Trump assumed management of this New York City-owned golf course in 2015. The management contract was sold to Bally's Corporation in 2023.

[public]Discussing the buyer of the property with a reporter for The Palm Beach Post as the sale was pending, Trump told her, "Don't say Russian"; the paper reported the buyer as "foreign". The sale was examined by the Mueller special counsel investigation in 2017.

[public]Trump purchased this property for $41 million at a bankruptcy auction in 2004, renovated it for what he said was $3 million, then sold it to Russian oligarch Dmitry Rybolovlev for $95 million in 2008. The property had been appraised at $58. 1 million in 2007.

[public]Maison de L'Amitie: A 43,000-square-foot (4,000 m2) oceanfront mansion in Palm Beach, Florida.

[public]He gave up half of his ownership in a 1992 bankruptcy case, and sold the rest in 1995. Hotel St. Moritz: Trump bought this Manhattan hotel in 1985 for $72 million, and then sold it in 1988 for $180 million.

[public]Grand Hyatt New York: Trump partnered with Hyatt to purchase and renovate the historic Commodore Hotel. They reopened the hotel in 1980. Trump sold his stake to Hyatt in 1996. Plaza Hotel: A historic hotel in Manhattan. Trump purchased it in 1988.

[public]General Motors Building at Trump International Plaza: Trump partnered with Conseco to buy the 50-story Manhattan office building in 1998, and then attached his name to it. The building was sold in 2003.

[public]Empire State Building: Trump acquired 50 percent ownership of the iconic skyscraper in 1994. After failed efforts to gain control of the building by evicting the master leaseholder, he and his partner sold the building in 2002.

[public]The carousel generated $589,000 from annual admissions. The Trump Organization had a contract to operate the carousel through April 2021, and was awarded to another company in 2021.

[public]Trump sued the city of Stuttgart for damages but the court ruled against him.

[public]Trump had not presented a finance plan, and the city, having started to doubt Trump's creditworthiness and not wanting to end up with an unfinished building for lack of financing, ended the construction approval procedure.

[public]The company then made plans to build a 55-story, 220-meter-tall tower in the city of Stuttgart in southwest Germany, had an architect draw up plans, and was planning to start construction in 2002.

[public]Founded with a share capital of €4 million, the company initially intended to build a €4 billion 200-meter-tall skyscraper, 50 meters taller than local regulations allow, at Berlin's central Alexanderplatz.

[public]After Trump's election to the presidency, he cancelled the licensing agreement without refunding the fee. TD Trump Deutschland AG.

[public]Georgia president Mikheil Saakashvili hosted and accompanied Trump during his two-day visit to Georgia in April 2012, with both men praising each other, and awarded him the Presidential Order of Excellence.

[public]In return for the license and a publicity campaign promoting the project, Trump received a fee of around $1 million up-front and 12% of all revenue for condos sold.

[public]In 2011, Trump licensed his name to Silk Road Group, a company based in Georgia, for a Trump Tower to be built in Batumi, a city on the Black Sea in Georgia. The 47-story building was supposed to contain high-end condos, luxury shops, and a casino.

[public]JW Marriott Panama hotel and condo tower, formerly Trump Ocean Club International Hotel and Tower, Panama. Renamed JW Marriott Panama in 2019, management taken over by Marriott International. ==== Abandoned projects ==== Trump Tower, Batumi.

[public]Regis Toronto hotel and condo tower, formerly Trump International Hotel and Tower, was renamed Adelaide Hotel Toronto in 2017 and St. Regis Toronto in 2018, and management was taken over by Marriott International.

[public]The project was abandoned a few months into Trump's 2016 presidential campaign when Chinese authorities began a corruption investigation into State Grid. ==== Former licensees ==== St.

[public]In 2012, Trump Hotels opened an office in Shanghai and in 2014 entered into a branding and management partnership with the State Grid Corporation of China, China's largest state-owned company, for a major development in Beijing.

[public]In 2008, THC formed a consortium with the Evergrande Real Estate Group and a Hong Kong-based fund to bid on the construction of the tallest skyscraper in Guangzhou. The bid fell apart when Evergrande withdrew during the global recession.

[public]Paulo Figueiredo Filho partnered with the organization in Brazil and "worked mostly with the [Trump] children".

[public]The company also dropped plans for another office project, the 35-story Trump Office Buenos Aires, which was to be built in Buenos Aires, Argentina.

[public]By that time, the company had ended its involvement with two projects in Rio de Janeiro, Brazil: the partially built Trump Hotel Rio de Janeiro and the unbuilt Trump Towers Rio office complex.

[public]As of February 2017 in South America, the Trump Organization had one active project: the Trump Tower Punta del Este in Punta del Este, Uruguay.

[public]Trump Towers Kolkata, India, is the result of tie up with Unimark Group and Trump Organization to build a 38 floor 400,000 sq. ft. residential project near Eastern Metropolitan Bypass stretch, Kolkata.

[public]25 million-square-foot project near Golf Course Extension Road, which will be built by IREO alongside a retail complex. Trump Towers, Gurugram, India is the second project in Gurgaon tied up with developer M3M India to build a residential building in Gurgaon.

[public]" Trump Towers Pune, India, built in association with Panchshil Realty in Pune's Kalyani Nagar area. Trump Towers, Gurugram, India, is the largest super-luxury residential development in India with 1.

[public]"Billionaire Mangal Lodha is developing a 75-story, 300-apartment luxury residential project called Trump Towers building while serving as a regional vice president of a major political party.

[public]Anticipated completion is to be announced. Philippines president Rodrigo Duterte "appointed Trump partner Jose Antonio to serve as a special envoy to the United States just before Trump's November victory". Trump Tower, Mumbai, India.

[public]This project collapsed due to the project's failure to secure financing. Trump at Cap Cana will be located in Punta Cana, Dominican Republic. Trump Tower Manila, Makati City, Metro Manila, Philippines: The brand name and mark under license.

[public]Daewoo Trump World Centum, Busan, Korea The Palm Trump International Hotel and Tower, Dubai Trump Ocean Resort Baja Mexico was a planned 3-tower, 25-story, 526 unit hotel condominium, San Diego.

[public]Trump Towers Istanbul, Istanbul, Turkey Trump World Seoul, Korea: Which Trump received a licensing fee of $5 million to lend his name.

[public]It was completed in 2016. The Trump hotel occupies the first 15 floors of the building. The hotel had reported declining revenue in 2019 and closed in March 2020. Its owner, a subsidiary of TA Global Berhad, filed for bankruptcy in August 2020.

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