September 14, 1999 |
Tycoon developer Donald Trump said in a telephone interview from his New York office that he is considering running for president as a Reform Party candidate out of respect for Minnesota Gov. Jesse Ventura. Supporters of Ventura, a former professional wrestler and a leader in the Reform Party, are said to be urging Trump to run as an alternative to the potential candidacy of Patrick J. Buchanan.
April 12, 1995 |
A billionaire Saudi prince and a Singapore-based hotel chain have reached a tentative agreement to buy a controlling stake in the Plaza Hotel, further reducing Donald Trump's role in what was once one of his favorite trophies. Prince Alwaleed bin Talal bin Abdulaziz al Saud and CDL Hotels said Tuesday that they will spend $28 million to renovate the hotel over the next two years and inject another $75 million to pay down a portion of the hotel's $300 million mortgage within three years.
CALIFORNIA | LOCAL
January 5, 1995
The Los Angeles Unified School District has been ordered to reimburse millionaire developer Donald Trump's company, Ambassador Associates, more than $3 million in legal fees it incurred while the district was negotiating to buy the closed Ambassador Hotel. Because the district ultimately abandoned its plan to buy the Mid-Wilshire property, tear down the hotel and build a high school on the land, it was legally liable for Ambassador Associates' legal costs.
March 29, 1994 |
Signaling the start of a messy divorce in what thus far has been one of the most profitable marriages in the hotel and real estate business, the owners of Hyatt Hotels on Monday sued Donald Trump for $100 million, alleging that he has deliberately blocked renovations of their jointly owned New York Grand Hyatt hotel in order to get concessions to alleviate his financial problems.
February 14, 1994 |
Is The Donald back? Picture this: Donald Trump, surrounded by well-wishers, plunges a knife into a large gray-frosted cake shaped like a hunk of Manhattan's elevated West Side Highway. The party last year celebrated city approval of his planned apartment complex near the relocated road. Fast-forward four months, to Gulfport, Miss., where Trump wants to build a casino.
CALIFORNIA | LOCAL
January 15, 1994 |
In a victory for the Los Angeles school district over developer Donald Trump, a court ruled Friday that the district is free to drop its bid to buy the historic Ambassador Hotel property, clearing the way for it to purchase another sorely needed high school site. Los Angeles Superior Court Judge Barnet M. Cooperman threw out Trump-Wilshire Associates' lawsuit to force the school district to stick to its plans to buy the Ambassador from them.