Everything
You Ever Wanted to Know About Donald Trump
Who
is Donald J. Trump? A schoolboy's dream
a competitor's
challenge. Donald J. Trump is the very definition
of the American success story, continually setting
the standards of excellence while expanding his
interests in real estate, gaming, sports, and entertainment.
He is the archetypal businessman - a deal-maker
without peer and
an
ardent philanthropist.
In January of 2004, Trump joined forces with Mark
Burnett Productions and NBC to produce and star
in the television reality show, "The Apprentice."
This quickly became the #1 new show on television
that year, made history in ratings and has received
great reviews. It was quickly renewed for additional
seasons.
Trump started his business career in an office he
shared with his father in Sheepshead Bay in Brooklyn,
New York. He worked with his father for five years,
where they were busy making deals together.
Trump has been quoted as saying, "My father
was my mentor, and I learned a tremendous amount
about every aspect of the construction industry
from him."
Likewise, Fred C. Trump often stated that, "some
of my best deals were made by my
son,
Donald... everything he seems to touch turns to
gold." Trump then entered the very different
world of Manhattan real estate.
In New York City, the Trump signature is synonymous
with the most prestigious of addresses. Among them
are the world-renowned Fifth Avenue skyscraper,
Trump Tower (where Asprey has just signed a lease
paying the highest square foot rent anywhere in
the world), and the luxury residential buildings,
Trump Parc, Trump Palace (the tallest building on
the East Side of Manhattan), Trump Plaza, 610 Park
Avenue, The Trump World Tower and Trump Park Avenue.
Trump was also responsible for the designation and
construction of the Jacob Javits Convention Center
on land controlled by him, known as the West 34th
Street Railroad Yards, and the total exterior restoration
of the Grand Central Terminal as part of his conversion
of the Commodore Hotel into the Grand Hyatt Hotel.
Over
the years, Trump has owned and sold many great buildings
in New York including the Plaza Hotel (which he
renovated and brought back to its original grandeur),
the St. Moritz Hotel (three times
and now called
the Ritz Carlton on Central Park South) and recently,
the land under the Empire State Building (which
allowed the land and lease to be merged together
for the first time in over 50 years).
Additionally, the NikeTown store is owned by Trump,
on East 57th Street and neighboring Tiffany's.
In 1999, the Trump International Hotel and Tower
opened its doors to the world. This 52-story, mixed-use,
super-luxury hotel and residential building is located
on the crossroads of Manhattan's West Side, on Central
Park West at Columbus Circle. It is designed by
the world-famous architect, Philip Johnson, and
has gotten the highest sales prices and rentals
in the U.S.
The Trump International Hotel and Tower is one of
only three hotels in the United States that has
received five stars from Mobil for both the hotel
and restaurant. It has also received the Five Star
Diamond Award from the American Academy of Hospitality
Services.
Trump is also the owner of the largest parcel of
land in New York City, the former West Side Rail
Yards. On this 100-acre property, fronting along
the Hudson River from 59th Street to 72nd Street,
the biggest development ever approved by the New
York City Planning Commission is being built.
When completed, this $5 billion project, known as
Trump Place, will have 5,700 residential units and
more than 5 million square feet of commercial space.
Permits will soon be sought for an additional three
thousand residential units and commercial space
on the most southerly (and largest) portion of the
site.
Including the parking garages, Trump Place will
encompass over 10,000,000-square feet of space (as
a comparison, the AOL Time Warner Building is approximately
two-million square feet.) Thus far, five towers
have been completed and are occupied, and two additional
buildings are under construction. There will be
a total of 18 buildings on the site.
Another recent acquisition in New York City is The
Trump Building at 40 Wall Street, the landmark 1.3
million square foot, 72-story building located in
Manhattan's Financial District, directly across
from the New York Stock Exchange and the tallest
building in downtown Manhattan. This purchase, which
took place at the depths of the New York City real-estate
market, is said to be one of the best real estate
deals made in the last 25 years.
It was totally empty when purchased and is now 100%
leased to prestigious tenants such as American Express,
Bear Stearns and CNA Insurance. In addition, Trump
built 610 Park Avenue (at 64th Street), formerly
known as the Mayfair Regent Hotel, which was very
successfully converted into super-luxury condominium
apartments getting, at that time, the highest prices
on Park Avenue.

The
Trump World Tower in NYC is the tallest residential
tower in the world at 90 stories high.
Further east, adjacent to the United Nations, sits
the brand new Trump World Tower, a 90-story luxury
residential building
the tallest residential
tower in the world. The Trump World Tower has received
rave reviews from the architectural critics with
Herbert Muschamp of the New York Times, calling
it "a handsome hunk of a glass tower."
Likewise, The Trump
World
Tower is considered one of the most successful condominium
towers ever built in the United States.
Most recently, Trump announced plans for his first
foray into Illinois where he has entered into a
venture to build Trump International Hotel and Tower,
Chicago, a 2.6-million square foot signature skyscraper,
one of the biggest in Chicago, on the banks of the
Chicago River, directly west of Michigan Avenue
(the most prominent site in Chicago). The architect
is Skidmore, Owens & Merrill, Chicago.
In 2002, Trump purchased the fabled Delmonico Hotel,
located at 59th Street and Park Avenue. It has been
developed, into a state-of-the-art luxury 35 story
condominium to be named Trump Park Avenue. It is
Trump's desire to make this one of the most luxurious
buildings ever built in New York City. The square
foot prices of these apartments are setting new
records.
Another of Trump's new ventures in 2002 included
the $600 million Trump Grande Ocean Resort and Residences
in Miami Beach, Florida, in partnership with a large
local development company, and a super-luxury 60
story condominium tower on the Las Vegas strip.
In
the gaming arena, The Trump Organization is one
of the world's largest operators of hotels and casinos.
The Trump name stands proudly on three world-class
casino hotels in Atlantic City, New Jersey.
They are also the only five star, five diamond-rated
hotels in Atlantic City: The Trump Plaza Hotel and
Casino on the Boardwalk, the Trump Marina Casino
Resort in the Marina District and The Trump Taj
Mahal Casino Resort, home of one of the world's
largest casinos and one of the most luxurious casino-hotels
ever built. (It also finished the year as the number
one hotel in Atlantic City).
Additionally, Buffington Harbor, Indiana, is the
home of The Trump Casino. Located just outside of
Chicago, it is the first casino riverboat among
Trump's holdings. Most recently, Trump entered into
an agreement with the Twenty-Nine Palms Band of
Luiseno Mission Indians to manage the Trump 29 Casino
in Palm Springs, California, his first foray into
gaming on the West Coast.
Trump's
portfolio of holdings also includes Trump National
Golf Club in Westchester, New York, a signature
Fazio golf course/housing development, and a 250-acre
estate known as the Mansion at Seven Springs, the
former home of Katharine Graham (of the Washington
Post) and Rockefeller University, which will be
developed into a world class luxury housing development
with homes that will sell for upwards of $20 million
each.
Trump recently purchased the largest parcel of land
in California which fronts, for almost two miles,
along the Pacific Ocean. Seventy-five luxury estates
and a Pete Dye championship golf course, to be called
Trump National Golf Club/Los Angeles, will be built
on this site.
In addition, the Tom Fazio-designed Trump National
Golf Club and 20 "super mansions" are
being built at Lamington Farm in Bedminster, New
Jersey, on the 525-acre Cowperthwaite Estate, considered
to be the best in the state.
In Palm Beach, Florida, Trump has converted the
famous and historic estate owned by Marjorie Merriweather
Post and E.F. Hutton, Mar-a-Lago, into the private,
ultra-luxury Mar-a-Lago Club. It has just received
the award from the American Academy of Hospitality
Services as the "Best Club Anywhere in the
World."
Also in Palm Beach and located seven minutes from
Mar-a-Lago is the Trump International Golf Club.
Designed by the famed golf course architect Jim
Fazio, this $40 million golf course has outstanding
tropical landscaping, water features and streams
and elevations of 100 feet (unprecedented in all
of Florida). Opened in October 1999, this course
is already being acclaimed as one of the best in
the United States.
In 2002, Trump purchased an additional 60 acres
adjacent to Trump International and is in the process
of creating a nine-hole addition to the course,
also designed by Jim Fazio.
Most of his latest ventures, beginning in 2005,
involve developing condo hotels. He currently has
condo hotel projects underway in Fort Lauderdale,
FL; Las Vegas, NV, New Orleans, LA, Panama City,
Panama; and Dubai, UAE. He is said to be seeking
additional sites to develop condo hotels and traditional
condominium high-rises as well.
And, in a departure from his real estate acquisitions,
Trump and NBC are partners in the ownership and
broadcast rights for the three largest beauty competitions
in the world: the Miss Universe, Miss USA, and Miss
Teen USA Pageants. The last Miss Universe pageant
substantially won its timeslot, and a new
five-year
television contract was just signed with NBC.
In addition, Trump rebuilt the Wollman Skating Rink
(currently managed by The Trump Organization) in
Central Park. This project was particularly special
to Trump. The city had been trying for seven years
to rebuild and restore the Rink, whereupon Trump
interceded and did so in three months and at only
10 percent of the City's $20 million cost.
An accomplished author, Trump's first autobiography,
"The Art of the Deal," has become one
of the most successful business best-sellers of
all time, having sold in excess of three million
copies, and being a New York Times number one best-seller
for many weeks.
The sequel, "Surviving at the Top," was
on the New York Times best-seller list and was also
a number one best-seller as was his third book,
"The Art of the Comeback."
Trump's fourth book, "The America We Deserve,"
is a departure from his past literary efforts. This
book deals with issues most important to the American
people today and focuses on the views regarding
American political, economic and social problems.
His fifth book, "How To Get Rich: Big Deals
from the Star of The Apprentice," became an
immediate bestseller on all lists.
A native of New York City, Trump is a graduate of
the Wharton School of Finance. Involved in numerous
civic and charitable organizations, he is a member
of the Board of Directors for the Police Athletic
League and United Cerebral Palsy. Trump also serves
as a Chairman of the Donald J. Trump Foundation
as well as Co-chairman and builder of the New York
Vietnam Veteran's Memorial Fund.
In 1995, he served as the Grand Marshal of the largest
parade ever held in New York, The Nation's Parade,
which celebrated the 50th anniversary of the end
of World War II.
Trump is a founding member of both the Committee
to Complete Construction of the Cathedral of St.
John the Divine and The Wharton School Real Estate
Center. Trump was also a committee member of the
Celebration of Nations commemorating the 50th anniversary
of the United Nations and UNICEF.
More recently, Trump was designated "The Developer
of the Year" by the Construction Management
Association of America. In June 2000, he received
his greatest honor of all, the Hotel and Real Estate
Visionary of the Century, given by the UJA Federation,
and in 2003 was named to the Benefactors Board of
Directors by the Historical Society of Palm Beach
County.