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Fort Lauderdale May Not Get a Trump Condo-Hotel After All

May 18, 2009 at 8:57 AM | by Jenna | 3 Comments

There is a Trump condo-hotel project going up in Fort Lauderdale. Not surprisingly — let us not forget the problems that have seemed to plague many, many upscale condo-hotel projects recently (i.e. the condos aren't sellin' too well) — there are some problems with the 298-room development. Some big problems, really — so big, in fact, that the whole thing might never be completed and The Donald is trying to yank his name from the project altogether.

The Miami Herald is saying that its "opening date" of late 2009 is a bit ambitious. Apparently, the developers had sent a letter out to condo buyers to notify them that developers of the condo-hotel were in default of a licensing agreement that allowed use of Trump's name on the project — among other things:

The May 13 letter said given the ''uncharted economic climate,'' developers did not expect the hotel to open if fewer than 50 percent of buyers close on their units. But if the hotel doesn't open, the letter said, owners could not occupy their units, given local zoning rules for condo-hotels.

Good one. Now 30 of those condo buyers have turned around and are trying to sue the developers and Trump for misleading them into thinking Trump was definitely going to be in on the project. As for whether or not the hotel is going to open up at all? Well, we're thinkin' that if things are bad enough for Trump to want to pull out, they must be real bad; after all, he's had his name on the Taj Mahal for all these years (zing!)

3 Comments

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Return to » Fort Lauderdale May Not Get a Trump Condo-Hotel After All

  1. juliana

    HotelChatter Editor

    so confusing!

    i dont think donald will ever put his name on a condo hotel again. i can't think of one that's been successful lately.
    May 18, 2009 at 11:12 AM
    #Permalink

  1. gooddealsahead

    HotelChatter Member

    Trump Not right fit

    I recently spent some time in Las Vegas and Southern california and checked out some new hotels. First of all vegas is quiet and as for Southern Cal. well head to Beverly Hills thats where the excitement is. With the new Montage Hotel in Beverly Hills, first rate, great service, spacious rooms, remarkable spa and wow what a rooftop pool, this is the new, best hotel in Beverly Hills, Southern Cal for that matter. I went to the SLS also new its like a 24 hour disco, no thank you, then I went to the new pelican Hill Resort, very nice and very quiet. lonely , quiet, there are no guests. Perhaps one of these should take over this project, but surely not Trump.
    May 19, 2009 at 12:51 AM
    #Permalink

  1. Stan

    HotelChatter Member

    I was just in that neighborhood the other day

    That's really becoming hotel row. There are six properties there -- the Trump, The Atlantic, The Hilton Beach Resort, The Ritz Carlton, The Westin and The W -- all within an easy walk in one of the best locations in Fort Lauderdale. Construction at the Trump looks like it's a good six months from opening even without problems but it's a seriously good looking property from the outside. Trump would be pretty shortsighted to give up on this one. In a couple of years that area is gonna be rocking.
    May 19, 2009 at 8:02 AM
    #Permalink

Return to » Fort Lauderdale May Not Get a Trump Condo-Hotel After All

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