Stop the Presses! Condo Sells at Trump Tower!
March 14, 2017 — First apartment sale in “the safest building in New York” since Inauguration Day.
At Trump Tower, the corrugated black monstrosity that President Donald Trump calls home when he isn’t sleeping in the White House or playing golf in Florida, the first condo apartment sale has been closed since Inauguration Day nearly two months ago.
News of the sale will surely serve as a balm to the Commander in Chief, whose name was stripped from the facades of several buildings he developed on the Upper West Side when residents signed petitions demanding that the T-word be removed from their homes.
Despite brokers’ claims that Trump Tower is “the safest building in New York,” thanks to all the Secret Service agents and security checkpoints, buyers have shunned the tower at the storied corner of Fifth Avenue and 57th Street. No longer. The New York Post reports that a one-bedroom apartment owned by Julia Kogan has sold for just under $2.19 million. The apartment first hit the market in January 2016 – when Trump was a presidential dark horse – for nearly $3 million.
Property records show that Julia Kogan took out a mortgage for the apartment from Boris Kogan, co-founder of transport giant Kaalbye Shipping Ukraine, basked in Odessa. Mr. Kogan’s company is heavily involved in shipping Russian military equipment around the world, and he serves as a board member of RT Logistika, a subsidiary of a state-owned Russian industrial consortium, where his fellow board members include close allies to Russian President Vladimir Putin.
Property records do not show who paid the reduced price for the Trump Tower apartment.