Grand Hyatt accounting-method change
- Promised
- Trump described his business record as evidence that he could turn projects from vision into completion.Open cited record · 1 source
- The record
- The hotel partnership changed the accounting treatment used to calculate rent linked to project income.Open cited record · 1 source
- Who paid
- City auditors concluded that the change lowered the rent due to New York City.Open cited record
- Grand Hyatt partnership
- New York City
- Audit finding
- contradicted
The audit supplies government-attributed evidence that an accounting change reduced public rent receipts; the hotel partnership disputed parts of the city's analysis.
Causal strength: source attributed