Page 93 - Forbes - USA (February 2018)
P. 93

All the President’s Tenants                                           TRUMP INTERNATIONAL
                                                                                     HOTEL & TOWER
           After months of digging, Forbes assembled a first-of-its-kind look at who is paying rent to   NEW YORK
           the president of the United States—and how many millions are involved. We found ongoing
           deals with law firms that lobby the federal government, banks controlled by foreign states and   JEAN-GEORGES RESTAURANT
                                                                                 $1.6M
           big media companies that cover Trump. Building such a list required contacting hundreds of
           entities, including the Trump Organization and the White House, which would not disclose the   WORLD PARKING GARAGE
                                                                                 $400K
           president’s tenants. Our list excludes dozens of companies that have offices in Trump buildings
           but sublease the space rather than rent it from the Trump Organization. But it’s possible we   21ST CENTURY FOX
           missed a few subleases and tenants, given the lack of transparency. The figures are estimates,   $50K
           based on public documents, debt disclosures and interviews with experts. Taken together, they
           represent the greatest opportunity for conflicts of interest in a presidency full of them.

                           1290 AVENUE OF THE AMERICAS
                                      NEW YORK
              AXA                            COLUMBIA UNIVERSITY
              $12M                           $2.1M
              NEUBERGER BERMAN GROUP         JPMORGAN CHASE BANK   +
              $9.4M                          $1.5M
              CUSHMAN & WAKEFIELD            ABBOTT CAPITAL
              $4.2M                          $600K
              FITZPATRICK, CELLA, HARPER &   DUANE READE
              SCINTO                         $600K
              $3.1M
                                             GARRISON INVESTMENT GROUP
              BRYAN CAVE LLP                 $400K
              $2.5M
                                             SANTANDER
              HACHETTE BOOK GROUP            $400K
              $2.3M
                                             TD BANK
              STATE STREET CORP.   +         $400K
              $2.2M
                                             BARILLA RESTAURANTS
                                             $100K
                                             BREAD MARKET CAFÉ
                                             $100K
                                             DOS TOROS
                                             $100K
                                             EARL OF SANDWICH
                                             $100K
                                             GLOBAL KITCHEN                             NIKETOWN
                                             $100K
                                                                                        NEW YORK
                                             STARBUCKS
                                             $100K                                         NIKE
                                                                                           $13 M
                                             TERESA’S BRICK OVEN PIZZA & CAFÉ
                                             $100K
                                             ALMOD DIAMONDS
                                             BRICK & PATEL
                                             KINTETSU
                                             ROCKEFELLER GROUP TECHNOLOGY
                                             SOLUTIONS
                                             STAPLE STREET CAPITAL
                                             WENNER MEDIA


              FIGURES REPRESENT ONLY THE 30% OF EACH ENTITY’S RENT PAYMENTS THAT ARE ATTRIBUTABLE TO TRUMP, WHO OWNS A MINORITY STAKE.

                                        ILLUSTRATIONS BY HARRY CAMPBELL FOR FORBES
                       WAS A FEDERAL CONTRACTOR IN 2017    LOBBIED THE FEDERAL GOV’T IN 2017  z KNOWN FOREIGN-GOV’T-OWNED
                         KNOWN U.S.-GOV’T-OWNED + KNOWN TO BE UNDER U.S. GOV’T INVESTIGATION DURING TRUMP’S PRESIDENCY


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