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, sports, and entertainment. He is the archetypal businessman – a deal maker without peer.
Mr. Trump started his business career in an office he shared with his father in Sheepshead Bay, Brooklyn, New York. He worked with his father for five years, where they were busy making deals together. Mr. 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 touches seems to turn to gold.” Mr. Trump then entered the very different world of Manhattan real estate.
In New York City and around the world, the Trump signature is synonymous with the most prestigious of addresses. Among them are the world-renowned Fifth Avenue skyscraper, Trump Tower, and the luxury residential buildings, Trump Parc, Trump Palace, Trump Plaza, 610 Park Avenue, The Trump World Tower (the tallest building on the East Side of Manhattan), and Trump Park Avenue. Mr. 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 neighboring Commodore Hotel into the Grand Hyatt Hotel. The development is considered one of the most successful restorations in the City and earned Mr. Trump an award from Manhattan’s Community Board Five for the “tasteful and creative recycling of a distinguished hotel.” Over the years, Mr. 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, as heralded by the New York Times Magazine), the St. Moritz Hotel (three times…and now called the Ritz Carlton on Central Park South) and until 2002, 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).