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Re: New York Times: A Second Act for Trump Plaza Residences - Royal purple to create a more elegant feel
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I was an investor with MetroHomes in this building & lost everything as did all MetroHomes investors in this project. At least the people who bought units have something for their investment other than a tax writeoff. I'm sure the current investors will suffer the same fate. This blog really sums up the whole situation, Trump made millions for letting MetroHomes put his name up on the building. Trump didn't invest a nickel himself, just took cash for his namesake & all the little people continue to get burned. I love all of the false reports throughout the entire blog on how many units are sold with reports going up to 375 units sold by Dean S. Geibel himself. I'm sure that # was reported before any credit checks on the buyers. All ploys & feeble attempts to get more sucker investors to throw more money in their pockets to continue the project. There has been shady dealings going on with Trump Towers from the get go so I'm not surprised to see them continue. Now the new management has resorted to purple velvet, the Trump family crest & a building makeover for a less than 2 year old building, hey it's easy to waste other people's money isn't it.

Posted on: 2010/3/6 19:16
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