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To: Lucky2
She’ll start moving in every illegal in the city and they’ll trash it.

Doubtful. Existing tenants/sub-tenants, unless somewhere stipulated in a lease agreement, are not going to be summarily kicked out.

140 posted on 03/20/2024 10:08:34 AM PDT by Fury
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To: Fury
Existing tenants/sub-tenants, unless somewhere stipulated in a lease agreement, are not going to be summarily kicked out.

The bigger threat to anyone who takes over Trump's properties is this:

1. The existing tenants and subtenants have an "escape clause" in their leases that allows them to move out if the Trump Organization is no longer the owner and/or the building is no longer named "Trump Tower."

2. The Trump Tower property has a binding agreement in place that says it must keep the name "Trump Tower" for a period of time that is likely measured in decades.

3. Donald J. Trump has a binding agreement in place that says any future owners of Trump Tower must pay him an annual licensing fee of $500 million to keep his name on the building.

Go sort that out and see what kind of nightmare a hostile takeover of Trump Tower might entail.

141 posted on 03/20/2024 10:15:28 AM PDT by Alberta's Child (If something in government doesn’t make sense, you can be sure it makes dollars.)
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