P.M. BRIEFING : Trump Plan to Sell Plaza Denied
- Share via
NEW YORK — A spokesman for Donald Trump today denied that the developer plans to sell the Plaza Hotel in an effort to raise cash.
“Absolutely not. It’s not true,” Norma Foederer, a spokeswoman for the Trump Organization, said of a report in the New York Times. “I don’t know where they got that story.” The newspaper reported that people close to the Trump Organization say Trump is pushing for a sale of the Plaza. The developer would need the cash to meet a Nov. 15 deadline for a $47.3-million interest payment on Taj Mahal casino bonds, the report said.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
