New York City is about to end contracts with the Trump Organization

On the day President Donald Trump faces a second indictment for his role inciting the rioters who looted the Capitol, officials in New York City planned to immediately cancel the Trump Organization’s contracts for the Trump Golf Links Point, the Central Park Carousel and the Wollman and Lasker Ice Skating Rinks.

“The attacks on our Capitol have killed a police officer, killed four rioters, exposed lawmakers to Covid-19 and threatened the constitutional transfer of power,” the city said in a statement Wednesday morning. “It was a national abomination. We are investigating whether there are legal grounds in light of these new circumstances to end concessions to the Trump organization.”

On Wednesday, global real estate services firm Cushman & Wakefield (CWK) according to a company spokesman ‘made the decision not to do business with The Trump Organization anymore’.

Over the years, the Cushman has managed several office and retail properties for the Trump organization, including the Trump Tower of New York, Trump Plaza, the Trump Building at 40 Wall Street, and the Trump International Hotel and Tower in Chicago.

Trump and New York Mayor de Blasio have been haunting each other for a long time.

“Inciting an uprising against the US government is a clear criminal activity,” de Blasio told MSNBC on Wednesday. “The city of New York will have nothing more to do with the Trump organization.”

The Trump organization did not immediately respond to a request for comment on the city’s actions. But Eric Trump, an executive at the family business, gave a statement to ABC in which he attacked the action and promised to fight it.

“Another example of the incompetence of the mayor and blatant contempt for the facts,” the statement read. “The city of New York has no legal right to terminate our contracts and if they choose to continue, they will owe the Trump Organization more than $ 30 million. This is nothing but political discrimination and we plan to force it to move. “

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