Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
World
Justin Rohrlich

Trump Tower apartment was ‘particularly poor’ investment, multimillion-dollar lawsuit says

A $2.6 million apartment in Trump Tower turned out to be a “particularly poor investment decision” for one foreign buyer, who says the one-bed, two-bath property has shed nearly half its value over the past 10 years – and is now suing the real estate advisor who recommended it.

Monaco resident Riccardo Grande Stevens bought the 47th-floor unit in November 2015, exactly six months after Donald Trump rode down his eponymous building’s “golden escalator” to announce his candidacy for the White House, according to a multimillion-dollar lawsuit obtained by The Independent.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.