Although it now has financing, it still has lawsuits against it from buyers that say the tower has taken to long and breached contract. The project's lwayer has also slowed them down. When asked about Trump sueing the developer for not starting constructin fast enough the lwayer was quoted saying something along the lines of we aren't aware of Trump sueing us. It had been puclily known for at least a month.
Really it still has a long way to go, but this was a step in the right direction.
Although it isn't even a good project, it would be a huge morale booster for downtown and its market. And offset the media which hasn't helped it.
1
Trump Tower
Started by
gjoseph
, Mar 02 2006 07:47 PM
25 replies to this topic
#21
FloridaFuture
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Posted 21 October 2007 - 07:33 AM
#22
tombarnes
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Posted 09 January 2008 - 10:35 AM
Just a bump for this thread to get things moving in the Tampa section again! Is there any news on the Trump Tower Tampa?
#23
TD
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Posted 13 January 2008 - 09:56 PM
tombarnes, on Jan 9 2008, 11:35 AM, said:
Just a bump for this thread to get things moving in the Tampa section again! Is there any news on the Trump Tower Tampa?
I would like to know as well!
#24
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Posted 21 January 2008 - 02:40 PM
Trump's lawsuit has been delayed until 2009 and the developer has said that they are "days away" from having financing. And the developer now has a deadline to close on financing on March 31, 2008.
#25
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Posted 23 January 2008 - 01:16 PM
I feel like I've been through this type of situation before. A developer will say what it takes to give the perception that a dead project still has life up until the very last second. I'll be interested to see if infact some money does show up between now and March 31.
#26
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Posted 23 January 2008 - 06:53 PM
Florida, on Jan 23 2008, 02:16 PM, said:
I feel like I've been through this type of situation before. A developer will say what it takes to give the perception that a dead project still has life up until the very last second. I'll be interested to see if infact some money does show up between now and March 31.
This project has been in a situation liek that for 2 years now. The only difference is, 2 years later and its still "alive" which tells me there may still be some truth behind it.
BTW, the source of funding, according to the developer, will be a New York hedge fund.
Edited by FloridaFuture, 23 January 2008 - 06:54 PM.
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