Trump’s Building In Uruguay Is A Bust And It’s Not Even Completed Yet But American Taxpayers Did Pay A Price
Just because Donald Trump vowed to halt constructions on new projects in the U.S. (you know, conflict of interest since he is the president) — that doesn’t mean the Trump name isn’t extended to other projects overseas. Trump Inc. is still plowing through despite mounting legal issues, and the only one that can oversee the corporation is the youngest Trump (not Barron but Eric) since his elder siblings are either working in the White House or are still in the middle of their own legal issues in regards to the Russia investigation. And, so, the Trump name is still trying to conquer another building in Uruguay even though the project seems futile.
Eric Trump is thrilled to be opening a new Trump building in Uruguay, but it’s not really theirs.
While Eric visited Uruguay in January, more details about the trip are now public.
“It’s incredible,” Eric said, according to The New York Times. “We have the best building anywhere in Punta del Este, anywhere in South America.”
The building does look to be very luxurious. It will reportedly be a “25-story, 156-condominium waterfront tower, complete with an indoor tennis court, multiple swimming pools and a rooftop helipad.” Fancy, right? Here’s the funny thing, it’s not really a Trump building.
Like most Trump real estate, the buildings that boast the Trump name do not belong to them. They are merely paying to put their name on the building. It’s like an advertisement. Trump Inc. does “take a cut of the revenue from selling units,” The New York Times reports.
The building is supposed to open by 2020 but according to people who work on the construction site, there’s no way that will happen because no one is actually doing the work. The hold up has a lot to do with red-tape due to the Trump name and the presidency.
Eric’s trip to Uruguay also cost U.S. tax payers almost $100,000.
As the offspring of the president, the Trump kids (even if they’re adults) have the option to have a whole security team and who’d say no to that? Perhaps a civic-minded person who has Americans in their best interest? Not in this case. Eric’s trip cost U.S. taxpayers $97,830 which included travel for his Secret Service and embassy staffers and their hotel rooms.