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Trump SoHo sales representations

What happened

  1. promisereported

    Project representatives publicly promoted strong condominium sales at Trump SoHo.

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  2. actionreported

    Trump family members and project representatives used sales claims in marketing the licensed condominium project.

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  3. affected groupreported

    Buyers sued alleging that the promoted sales levels exceeded actual signed sales.

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  4. limitationdocumented

    The buyer litigation settled, and the cited record does not contain a final merits judgment that Trump committed fraud.

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People and organizations

  • Trump SoHo condominium purchasersaffected party
  • Bayrock and Sapir development interestsaffected party
Assessment

Promoted sales levels and later documented sales levels diverge, and the reporting supports that. Buyer allegations settled without a merits judgment against Trump.