If some of the experts are correct — a big if — the first 43 words of this clause could force Donald Trump to unload his equity stake in the hotel just down the street from the White House.
NEW YORK (AP) — Donald Trump may have to give up one property on Pennsylvania Avenue if he wants to move into another down the street.
One is the newly opened, glittering jewel in the president-elect’s hotel empire. The other, of course, is the White House.
Whether he’ll need to relinquish his stake in the Trump International Hotel in Washington, D.C., could come down to how a few words on a lease are interpreted.
Trump negotiated for more than a year to secure the rights to use the government-owned building where the hotel is now housed. The resulting lease itself runs for hundreds of complicated and dreadfully dull pages.