Trump’s Name Removed From D.C. Hotel

( Following the sale of the property on Wednesday evening, the sign bearing the former president’s name that had been affixed to the Trump International Hotel in Washington, District of Columbia, was removed.

An investigative reporter for the New York Times, Eric Lipton, filmed the sign being taken down on his phone. A worker can be seen sitting on a lift removing the lettering from the building.

When Donald Trump was in office, the President’s supporters and lobbyists frequently gathered at this hotel, which was about to be sold to a company based in Miami for $375 million. The sale is expected to be finalized by the end of this month. After paying off their debts and other obligations, the Trump family stands to make a profit of approximately one hundred million dollars. The structure is going to be converted into a Waldorf Astoria hotel.

In March, the General Services Administration, which previously held ownership of the property, sold it to CGI and Hilton Worldwide Holdings, Inc. Before it was turned into a hotel by Trump, this building served as the Old Post Office and was under the ownership of the federal government.

The Trump Organization released a statement expressing their delight in the sale.

Lawrence Wolfe, who represented the Trump Organization in the transaction, stated that the sale of the Trump International Hotel in Washington, District of Columbia, is a fantastic outcome for all parties involved. This transaction breaks every record that has ever been set in our nation’s capital and represents the largest sale of any U.S. Urban hotel in years, both in terms of total dollars and price per key.

Eric Trump, executive vice president of the Trump Organization, said that redeveloping the Nation’s Old Post Office had been an honor and a privilege for the Trump family.

Eric said that as a family, it had been an honor and a privilege to be part of the renovation as a family. He said they took a run-down and unused government building and turned it into one of the most famous hotels in the world.