Reviews: United States: The Holding of Donald Trump will yield the lease of its luxury Washington

luxury stocks fall because of China concerns; CAC 40 drops: Graphic

 luxury stocks fall because of China concerns; CAC 40 drops: Graphic (Bloomberg) - Luxury stocks suffer from the risk aeration of investors on Thursday. LVMH, Kering SA and Cie Financiere Richemont SA belong this week given the worry about a possible range in China at the topic of wealth distribution to the worst performers of Stoxx Europe 600. The decline in luxury values ​​has helped that France's CAC 40 today the worst cutting Important Western European benchmark is. In Germany, Hugo Boss fall by up to 5.5%.

Trump Organization hotel should yield the lease of its Washington hotel for $ 375 million to CGI Merchant Group

Donald Trump en septembre 2021 (illustration). © Ben Gray / AP / SIPA Donald Trump in September 2021 (Illustration). Business - Trump Organization should give the lease of its Washington hotel for $ 375 million to CGI Merchant Group

The Holding Trump Organization of Donald Trump will yield the lease of its luxury Washington hotel for 375 million Dollars at CGI Merchant Group, which plans to unwind the establishment today named Trump International Hotel, report on Sunday several American media. According to the Wall Street Journal, CGI Merchant Group has concluded another agreement with the Hilton Hotel group, which will manage through its subsidiary Waldorf Astoria, which will give its name to the Hotel .

2022 Tesla Model S Plaid Review: A New 1,020-HP Chapter in American Luxury

  2022 Tesla Model S Plaid Review: A New 1,020-HP Chapter in American Luxury 2022 Tesla Model S Plaid Review: A New 1,020-HP Chapter in American LuxuryIt doesn't matter if you're not a fan of electric cars. Heck, it doesn't even matter if you're not a fan of Elon Musk, or a yoke-style steering wheel, or a shifter that's strictly digital. The Model S Plaid is spacious, serenely comfortable, and requires very little effort to drive. In this sense, it achieves the three main pillars of what defines traditional American luxury.

A spokesman for CGI Merchant Group refused to comment. Contacted, the Trump Organization did not respond immediately, nor the Hilton group. Located a few hundred meters from the White House, and just farther from the Capitol, the building in which the hotel is housed does not belong to the Trump Organization.

$ 200 million invested in the renovation

It owns the US government, which has rented, since 2013, the real estate group of the former head of state, for a 60-year lease, with a clause providing for the possibility an extension of 40 additional years. The Trump Organization will have invested some $ 200 million in the renovation of this classified building, which was built at the end of the 19th century to house the main post office of the Federal Capital. According to a report by the House of Representative Supervision Commission, Trump Old Post Office LLC, ad hoc company created to manage the hotel, recorded more than $ 71 million in losses between the inauguration of the hotel, In 2016, and at the end of August 2020.

Parking lease: What are the legal points to check before signing?

 Parking lease: What are the legal points to check before signing? © John Matichuk / UNSPLASH Parking Lease Practice - The rental of a parking space involves respecting certain legal rules. These are different if it is a car park annexed to a dwelling or if it is autonomous. When talking about the real estate market, we immediately think about housing or even the rental or sale of professional property. But there is also a real car park. Park in urban areas is often difficult because of the high density of road traffic.

She has never been a beneficiary. During the presidential mandate of Donald Trump, the establishment, known for his gigantic atrium and his neo-novel style, had become a place of appointment of representatives Republicans, donors and lobbyists. Several elected and personalities moved at the time that the hotel, which includes 263 rooms, could welcome foreign dignitaries visiting Washington. They argued the possibility of a conflict of interest for Donald Trump, both President of the United States and always shareholder of the Trump Organization, of which he had retained his units. A surveillance commission survey is still in progress.

Mondasaut Capitol: Former Trump Advisor, Steve Bannon, charged for "hindering" to the United States inquiry : a source of the file on Donald Trump and Russia stopped

GM and Honda just made it harder to sell a leased car to another brand .
GM and Honda just made it harder to sell a leased car to another brand originally appeared on Autoblog on Mon, 26 Jul 2021 12:38:00 EDT. Please see our terms for use of feeds.

See also