The main Trump Tower in New York City, located at 725 Fifth Avenue, is an exception where the Trump Organization developed the building and owns the commercial and retail space, while Donald Trump owns the triplex penthouse apartment.
Strap in MAGA, here is the fine print: The building's official owner as of 2021 was listed as GMAC Commercial Mortgage according to the NYC Department of City Planning, indicating a complex ownership and debt structure.
The reality is:
For other properties, the use of the Trump name is typically part of a branding and licensing deal, a strategy that has generated significant revenue without requiring the Trump Organization to have an ownership stake in the entire property.
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