New York City is ending its multimillion-dollar contract with the Trump Organization after President Donald Trump’s involvement in the riots on Capitol Hill last week, Mayor Bill de Blasio announced Wednesday on MSNBC.
“The contracts make it very clear that if the company and the leadership of that company are involved in illegal activity, then we have the right to cancel the contract,” de Blasio told MSNBC. “Raising a rebellion against the United States government clearly constitutes criminal activity.”
In a follow-up statement, the mayor’s office wrote: “New York City will not be associated with those unforgivable acts in any shape, manner or form, and we are taking steps to terminate all Trump Organization contracts immediately.”
The contracts are for the Wolman and Lasker ice skating rink and famous carousel of Central Park – all of which the Trump Organization has run since the 1980s – and the Trump Golf Links Golf Course at Ferry Point of the Bronx, which has been in place since 2015 is.
“Yet another example of Mayor de Blasio’s disregard for this fact,” Eric Trump, executive vice president of the Trump Organization, wrote in a statement to NBC News. If they choose to go ahead, they will give more than $ 30 million dollars to the Trump Organization. This is nothing more than political discrimination, trying to infringe on the First Amendment and we are planning to fight with full force. ‘
The mayor’s office said the contract would be canceled as of their expiration. The mayor’s office said the Central Park concessions would expire within a month after receiving the notice, while the golf course would take “several months”.
On Sunday, the Professional Golfers Association of America pulled the 2022 PGA Championship, one of pro golf’s most important tournaments, from President Donald Trump’s golf course in Bedminster, New Jersey, days after his supporters flew the US Capitol.
“This is a breach of a binding contract, and they have no right to terminate the agreement,” the Trump Organization said in a statement released on Sunday. “We have formed a beautiful partnership with PGA of America and are incredibly disappointed by their decision.”
The Ferry Point contract included a proviso that would attract championship events by making the course compulsory, but the possibility of the PGA’s cancellation doubted whether he could fulfill the obligation in the Bronx course.
The president won allegiance from corporate leaders who were willing to look the other way during the biggest corporate tax cuts in history, Trump’s close business associates told NBC News. Wall Street rewarded the loyalty that accompanied a unique upward rollercoaster, while Main Street stumbled.
But the inevitable images and arrests of Capital Breachers and staunch, anti-Semitic and white nationalist supporters have also further boosted Trump’s death.
Just two weeks ago, Trump was considered the “partymaker” of the Republican Party, whose influence would prevail for the foreseeable future. But everything changed last Wednesday.
Some of Trump’s leading business supporters have begun to seek forceful support from the president.
“I feel betrayed. Okay?” Home Depot co-founder and head GOP Donor’s billionaire businessman Ken Langone told CNBC Wednesday morning. “Last Wednesday, if it doesn’t break every American’s heart, then something is wrong. I didn’t sign up for that.”
“I am going to do everything from Day One, to make sure that I do my part to make this the most successful president in the history of this country,” Langone said.
Stephen Schwarzman, Blackstone’s billionaire CEO and one of Trump’s biggest donors in the financial sector, has also lent his support behind Biden. After Wednesday’s events, Schwarzman said he was “shocked and horrified by this attempt to undermine our constitution. As I said in November, the outcome of the election is very clear and there should be a peaceful transition of power.”
Trump’s close business associates told NBC News that staying away from the president is real and unlike anything seen in his history.
Now they are worried about what Trump and the desperate Trump might do next during their remaining days.
The implication of the endorsement reflects the Trump brand’s self-motivated lack of more than a slice of glitz, luxury and hard-flint political extremism, and would later diminish their ability to capitalize on their name in the traditional business sense. He went to office.
Leisure and hospitality, already pummeled by epidemics, are unlikely to be very profitable avenues for the president, except for niche audiences.
Mainstream shops are unlikely to return their daughter Ivanka’s closed clothing line to their shelves after welcoming rioters as “patriots”.
The New York Times reported on Tuesday that some members of Trump’s Golf Club have begun to rethink membership.
Trump’s ability to raise money can now be reduced to take advantage of his claims of electoral fraud – but here, too, some donors are suing to get their money back and payment processors are breaking ties. Trump, his son-in-law Jared Kushner, and potential foreign support for the extended family may be wary of tainted ties and under-access.
Meanwhile, business against the president continues to increase for his role in deadly attacks on the Capitol.
After Deutsche Bank and Signature Bank, two of Trump’s favorite lenders said they would no longer do business with the president, Professional Bank, a lending institution based in Florida that gave millions of dollars to Trump’s company, said on Tuesday That it was also cutting.
“The Professional Bank has decided not to engage in any other business with the Trump Organization and its affiliates and will end the relationship,” Todd Templin, a public relations representative for the company, told ND News in an email statement.
One of the nation’s largest real estate services companies, Cushman & Wakefield, said it would no longer do business with the Trump Organization, a company spokesperson told NBC News in an email. The company previously leased some of Trump’s key properties, including Trump Tower.
Trump also has a 60-year lease from the Government Services Administration to operate the Old Post Office in Washington, D.C., as the Trump International Hotel, where it has become a hole for water internationally and those who accompany it The administration wants to do favors, book expensive rooms for long stay and organize events.
Despite stating that the lease cannot benefit an elected official, the GSA, which oversees Trump, has said that its owner is in compliance because he was a citizen when he signed the contract. The GSA has blocked Democrat efforts to investigate the conditions.
Steven Schooner, a contract law professor at George Washington University, told NBC News in an email, “The government may suspend and propose for the Trump Organization, at which time it could not continue its business relationship with the Trump Organization.”
“The US government should never do business with companies that lack business ethics and integrity, or blame them,” he said.
GSA did not immediately respond to NBC News’ request for comment.
Where else can relationships and teachings fall?
Donald J. Trump State Park, a few miles from New York City, did not get development approval after Trump joined a 436-acre state park donated to the state to turn it into a golf course. In it the late William D. A former Baldwin mansion, a collapsed block of a gilded edge elevator magnet.
The New York government’s office of Andrew Cuomo did not respond to an NBC News investigation about the park’s future.