Real Estate

Trump Tower Commercial Occupancy Declines By 37% | National Real Estate Investor

by posted 1year ago 50 views
Commercial occupancy at the building has fallen from 100 percent to 84 percent. : (Bloomberg)—Trump Tower, the Manhattan landmark home to the president and his namesake real estate company, has seen commercial occupancy fall to 84% from close to 100% in 2013, according to data compiled by Bloomberg. While the lease for the largest tenant, Gucci America Inc. with 48,667 square feet, doesn’t expire until 2026, about 90,000 square feet -- or 37% of the skyscraper’s commercial space -- is up for renewal over the next 12 months, the data show.

In this article