The New York Times. The New York Times. Zuckerman, Laurence (August 31, 1994). “Galeries Lafayette to Close Its Doors”. Fitch, Stephane (September 20, 2006). “What is Trump Worth?-Forbes”. Deutsch, Claudia H. (April 24, 1994). “Commercial Property/Trump Tower; New Tenant Mix, New Image and New Revenues”. Alexander, Dan. “Donald Trump (our homepage) Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested”. Clarke, Katherine (July 1, 2013). “What does Donald Trump really own”. The New York Times. The New York Times.
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The city government then tried to reduce the amount of the exemption based on a more stringent method of calculation. The flagship Bonwit Teller store remained as one of Trump Tower’s retail offerings until March 1990, when its parent company declared bankruptcy and closed the Trump Tower location. In 1990, the New York Court of Appeals ruled that the New York City government had to give Trump $6.2 million in tax rebates.
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Miller had appraised the sculptures at between $200,000 and $250,000. They were set to be transported to a junkyard and destroyed because, according to Trump, there were general hazard concerns, expense, and a possible 10-day construction delay due to the difficulty of removing them. Stiebel rode by taxicab to the building site and attempted to pay the workmen for the sculptures, but she was rebuffed. However, Stiebel later said the Trump Organization never seemed to be able to agree on a specific date for their transport, and the organization had repeatedly dismissed her concerns about not having received the letter. On April 16, 1980, the grille and sculptures were removed from the building. Every week, the Trump Organization and Stiebel would meet to discuss the transport of the sculptures.
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Brassy place” whose golden sign “practically screams ‘Look at me! Meanwhile, Insight Guides’ 2016 edition mentioned Trump Tower as “worth stopping by for a glimpse of the opulence synonymous with Manhattan in the 1980s” and that viewers of The Apprentice would recognize the atrium and the waterfall. Other films have used Trump Tower as a filming location as well. Trump Tower served as the location for Wayne Enterprises in Christopher Nolan’s The Dark Knight Rises.
The New York City Fire Department (FDNY) subsequently announced that the fire had been accidentally caused by power wires that had overheated. In July 2020, activists including New York City mayor Bill de Blasio painted the words “Black Lives Matter” in giant letters on Fifth Avenue directly in front of the building. The April 2018 fire followed a minor electrical fire at the tower earlier that year, which had injured three people. The project was announced in response to the George Floyd protests in New York City, a series of pro-police-reform protests that started after the murder of George Floyd, a black man in Minneapolis, in May 2020. Trump expressed his opposition to the mural after it was announced.