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Document details scrapped deal for Trump Tower Moscow (STA BREAKING NEWS and ARCHIVES)

by Theresa @, Friday, September 08, 2017, 19:00

Around the time presidential candidate Donald Trump was touting his real estate dealings at a Republican primary debate, a proposal was in the works to build a Trump Tower in Russia that would have given his company a $4 million upfront fee, no upfront costs, a percentage of the sales, and control over marketing and design. And that's not all: the deal included the opportunity to name the hotel spa after his daughter Ivanka.

An internal Trump Organization document from October 2015, obtained by CNN on Thursday, reveals the details of a 17-page letter of intent that set the stage for Trump's attorney to negotiate a promising branding venture for Trump condominiums, a hotel and commercial property in the heart of Moscow. Trump signed the document later that month, according to Michael Cohen, his corporate attorney at the time. The document CNN obtained does not have Trump's signature because it is a copy of the deal that Cohen brought to Trump to sign.

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