London Daily

Focus on the big picture.
Thursday, Aug 27, 2026

Prices at Trump's NYC buildings have plummeted in the latest sign that his name is 'radioactive'

Prices at Trump's NYC buildings have plummeted in the latest sign that his name is 'radioactive'

Properties in Trump Tower and other Trump-branded Manhattan buildings have lost a staggering 51% of their value since he won the 2016 election.

After a tumultuous one-term presidency, a violent insurrection by supporters, and a retirement to Florida, the Trump name has attracted some negative connotations. And his real-estate holdings are feeling the heat: According to Curbed's analysis of a report from real-estate data firm UrbanDigs, Trump-branded Manhattan properties have lost half their value since Trump first took office.

UrbanDigs — which looked at the seven luxury buildings in Manhattan that still bear the Trump moniker, and three that used to — found that even properties that formerly had Trump in their names lost 17% of their value since 2016. By comparison, the overall price per square foot decline in Manhattan over the same period was just 9%.

In 2016, the average price per square foot in seven NYC properties run by his real-estate behemoth, the Trump Organization, was $3,346, according to the report. In 2017, following Trump's election and inauguration, that figure sunk to $1,903; by 2020, it was at $1,619. That's a drop of 51% from its 2016 price.

The average price per square foot for Manhattan properties was $1,995 in 2016, dipping to $1,815 in 2020 — a mere 9% decrease, Curbed notes.

Trump Tower, at 721-725 Fifth Ave., is a gilded condos-and-commercial building that includes Trump's own offices and ornate triplex penthouse. His other residential buildings in New York City include Trump International Hotel & Tower on Columbus Circle, Trump Parc and Trump Parc East on Central Park South, the Trump Park Avenue at 502 Park Ave. and Trump Palace at 200 East 69th St. on the Upper East Side, and Trump World Tower at 327 East 47th St. near the United Nations.

The UrbanDigs report also looked at three buildings that used to bear Trump's name along the Upper West Side's Riverside Boulevard, which faces the Hudson River.

The Capitol riot strained Trump's businesses further


A broker with Brown Harris Stevens and a former Trump Tower resident, Mark Cohen, was marketing three adjacent 41st-floor units in Trump Tower during the 2020 election.

The owner decided to temporarily take those units, which had a combined price tag of $9.49 million, off the market. The owner still wanted to sell the apartments, Cohen said, but wanted to wait out all of the news and attention surrounding Trump.

"My seller is not a desperate seller," Cohen said. "So we didn't want to encourage people who might come in with lowball offers."

That was before the insurrection.

UrbanDigs looked at the most recent data available for its report, which is the 2020 value of Trump's properties. That is a period during which Trump ultimately lost the election and then repeatedly questioned the legitimacy of President Biden's victory.

As Insider reported after the election, the prices in Trump buildings did falter, but residents and realtors were optimistic about the building's future.

However, the Trump name has been dragged through the mud even more in 2021, after a violent insurrection on the Capitol by Trump supporters left five dead and seemed to throw the peaceful transfer of power into question. Trump became the first president to be impeached twice.

Groups began to cut ties with the Trump Organization, including the Girl Scouts and the city of New York. Apartment owners at the Upper East Side's Trump Palace reportedly met to discuss removing Trump's name from the building, Bloomberg reported.

Cohen said that, in the weeks before the insurrection, he had fielded some phone inquiries from prospective buyers about the Trump apartments he was representing — but it felt like they were searching for deals.

"From a practical and business standpoint, I think it was just a smart decision to say, 'Let's wait while all the noise kind of surrounding the building and the brand slows down a bit,'" Cohen said. "And then we can think about what our options are probably in a couple months time or maybe longer."

Cohen said that many of the Trump-branded properties happen to be "really nice buildings." He still thinks that, once more time has passed since the insurrection, Trump Tower pricing will rise.

But even if buyers can score a luxury pad for a discounted price, the current situation makes Trump buildings too taboo.

"If I were choosing to market a new project, the Trump name is probably pretty radioactive right now," Cohen said.

Newsletter

Related Articles

0:00
0:00
Close
Raheem Sterling Charged With Dangerous Driving After Lamborghini Crash
The Secret Dolly Parton Kept Until Her Death: "She Was Much Sicker Than She Let On"
CIA Chief Warned Russia Against Attacking NATO in Secret Moscow Mission
Glacier Collapse, Not Earthquake, Triggered Deadly Nepal-Tibet Flood
Andy Burnham Drops Plan to Cap Political Donations
Conservative Leadership Contest Intensifies as Robert Jenrick Attacks Kemi Badenoch
French-Born Defence Secretary Wes Streeting Condemns Homophobic Abuse Since Taking Office
UK Government Delays Commercial Robotaxi Rollout in London Over Regulatory Gaps
NHS Complaints About Autism and ADHD Care Waiting Times Triple Over Five Years
UK Government Launches 10,000 Work Placements for Young People With Sainsbury's
NHS England to Offer Free At-Home Cervical Cancer Screening Kits
EU Biometric Border Checks Cause Delays of Up to Five Hours for British Travellers
US Imposes Economic Sanctions on UK-Based Protest Group Palestine Action
Two Planned UK Datacentres Could Produce More Annual Carbon Emissions Than ExxonMobil's Entire UK Operation
London Surgeons Complete First Artificial Intelligence-Assisted Brain Tumour Removal
UK Services Growth Rebounds as Consumer Confidence Reaches Two-Year High
Ofgem Confirms Four Percent October Energy Price Cap Increase for UK Households
Government Considers Insolvency Law Changes to Bring Thames Water Into Public Ownership
Andy Burnham Signs Artificial Intelligence Defence Pact During Visit to Kyiv
Church of England Faces Renewed Scrutiny Over Historical Safeguarding Failures
Reform UK Proposes £30 Tax Credit for Long HMRC Telephone Queues
Greater Manchester Secures More Than £100 Million to Upgrade Victorian Railway Stations
East Midlands Railway Urges Essential Travel Ahead of Bank Holiday Strikes
UK Economy Grows 0.4 Percent in Second Quarter as Global and Energy Pressures Weigh
UK Government and Sainsbury’s Launch Plan for 10,000 Youth Work Experience Placements
Scottish Government Plans Tighter Remote-Working Rules and Possible Voluntary Redundancies
Scottish Budget Faces More Than £700 Million Reduction After Tax Revenue Adjustment
Nearly 100 Labour MPs Press Andy Burnham to Back Electoral Reform Commission
UK Energy Price Cap Rises Four Percent to £1,723 as Middle East Conflict Drives Wholesale Gas Costs
Turnbull Warns AUKUS Could Leave Australia Without Promised Nuclear Submarines
California Billionaires Pour More Than $150 Million Into Fight Over Proposed Wealth Tax
German Broadcaster Goes Dark to Warn AfD Could End Its Saxony-Anhalt Service
Badenoch Plans Major Shadow Cabinet Reshuffle as Tories Struggle in Third Place
UK Government Demands Action Against Social Media Content Promoting Dangerous Driving
Labour Backbenchers Prepare Push for Electoral Reform Under Andy Burnham
Fire at Gatwick Airport Car Park Destroys 140 Vehicles and Cuts Local Power
UK Plans Voluntary Libido-Suppressing Medication Programme Across 20 Prisons
NHS England Launches Free Home Cervical Cancer Testing Kits Nationwide
Imperial College Study Warns North Sea Oil Projects Could Cause Hundreds of Billions of Pounds in Climate Damage
UK Inflation Rises to 2.9% as Middle East Conflict Pushes Up Energy Costs
Prime Minister Andy Burnham Visits Kyiv to Strengthen UK Support for Ukraine
Premier League Season Opens With Managerial Debuts and Dramatic Early Fixtures
England Cricket Drops Brydon Carse From Selection Pending Club Investigation
Graeme Dott Convicted of Child Sexual Abuse Offences in Scotland
Protesters Occupy British Aircraft Parts Factory Over Alleged Military Links to Israel
More Than 100 Former British and French Diplomats Call for Sanctions on Israel
Ipsos Poll Shows British Public Split Between Immigration Controls and Economic Growth
British Cybersecurity Agencies Raise Alert Over Growing Threats to Critical Infrastructure
Two-Thirds of England Now Under Official Drought Conditions After Prolonged Summer Heat
Institute of Directors Calls for Urgent Action to Revive Britain’s Stagnant Labour Market
×