Trump’s childhood house is sold to a huge loss – surprised by wild cats.
President Donald TrumpQueens’ childhood house, New York, finally sold, but not exactly for a huge sum. The formerly iconic residence, which had been allowed to rot and became a playground for wild cats, was broken for a budget price of $ 835,000 by an LLC group based in Brooklyn appointed 1388, according to property files.
This represents less than half of what it sold in 2017, when it was bought for $ 2.14 million – a price undoubtedly swollen by the cult of Trump’s personality. Unfortunately for the previous owner, a lawyer named Michael X. Tang who would buy properties for Chinese investors, the room has since fallen in poor condition, proving that it is not because something has the name of Trump on what it is a good investment. (See: Trump Steaks, Trump Vodka, Trump University.)
Photo credit: Realtor.com
A house left to rot
The Tudor style house, located in the fields of Jamaica and built in 1940 by Trump’s father, Fred C. Trump, has been vacant for years – from his new unofficial feline tenants. When a photographer recently visited herself, the front door was wide open, exhibiting the interior walls stripped. Construction workers were busy eliminating the place, throwing debris in a dumpster covered with graffiti. “A beautiful house was abandoned and no one took care of it all this time,” said a frustrated neighbor. “No one occupied it, no one used it and it was left like a horror and we, the community, had to take care of it.”
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“Take care of him”, the neighbor means mowing the lawn, because the property had become so neglected that local residents felt obliged to intervene. The basement had also been flooded and filled with mold after a burst – adjusted for a house formerly occupied by the man who flooded the bankrupt casinos market.
Photo credit: Realtor.com
Trump’s childhood house: a story of the glory of reversal and discoloration
Originally, the house was briefly rented on Airbnb, some guests paying $ 815 per night to sleep in a labeled room like “President Donald J. Trump was probably designed”. (A horrible thought, even for the most unconditional maga fan.) The buyer at the time, “Trump Birth House LLC”, even launched a GoFundme campaign in 2021 to collect $ 3 million for gift The house in Trump. Unfortunately for them, just like Trump’s unsuccessful attempts to build a border wall with money funded by Crowdfund, this plan has also collapsed.
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The history of previous sales of the house reflects the volatile combination of real estate speculation and the appeal of the ephemeral brand of Trump. In 2008, the house sold $ 782,500. In 2016, after the election of Trump, he changed hands for $ 1.4 million. Then, a few months later in 2017, it sold $ 2.14 million, more than double the price of similar houses in the region. This advanced price coincided with a wave of Chinese interest in Trump properties, as indicated by The New York Times In 2020: “The image of Trump as a prosperous business man attracted him to China.” (A little ironic, given his anti-china rhetoric.)
Photo: Facebook / Donald J Trump
The future of the house – and Trump’s inheritance
Now, the house has been picked up by a crazy company in madness, with two mortgages totaling $ 931,500 deleted for its purchase and renovation. The new owner remains intended for his plans, but the house will probably be renovated and sold to profit – unlike the Trump Atlantic City casinos, which have been demolished and transformed into parking lots.
An appropriate metaphor
In the end, Trump’s childhood house reflects the trajectory of his entire brand: once supported by media threw and speculation, now left to collapse and abandoned, to be recovered by opportunists in search of a quick reversal. Even wild cats had the good sense to settle and claim it before the fins.
Related: Musk Tesla criticizes Trump’s prices in the middle of trade tensions.
And really, what better metaphor could there be for Trump’s inheritance? He inherited something solid, transformed it into a circus and left others to clean the mess – whether it is a bankrupt casino, a ruined democracy or a house infested with mold full of stray cats. It’s the Trump touch: everything he touches turns – finally, let’s say, not gold.