Post by agentf on Aug 28, 2020 15:42:42 GMT -5
As the Vancouver Trump Tower files for bankruptcy, it brought to mind the fate of the Toronto Trump Tower:
www.thestar.com/news/world/2017/10/21/how-every-investor-lost-money-on-trump-tower-toronto-but-donald-trump-made-millions-anyway.html
In the Where Are They Now segment, here's Leib Waldman:
www.news1.news/en/2020/08/montag-leib-waldman-and-17-others-were-summoned-to-a-hearing-in-the-construction-case-in-beit-shemesh.html
. . .
Told you so 😉
The project was the dream of Trump’s original partner, Leib Waldman, a Toronto condo developer with a track record of several successful towers and apartment blocks across the GTA. Waldman hired the prestigious architect Eberhard Zeidler and raised seed money in the Orthodox Jewish community in Toronto, New York and London, U.K.
Waldman’s minority investors, some of whom have never been publicly identified, have varied and often colourful backgrounds, but no experience in condo tower development.
Waldman’s minority investors, some of whom have never been publicly identified, have varied and often colourful backgrounds, but no experience in condo tower development.
www.thestar.com/news/world/2017/10/21/how-every-investor-lost-money-on-trump-tower-toronto-but-donald-trump-made-millions-anyway.html
In the Where Are They Now segment, here's Leib Waldman:
Obtained on suspicion through a long and sophisticated series of acts of fraud and concealment by the suspects, each according to his part. As well as a series of offenses in the areas of planning and construction and tax – so the project was built while evading a procedure to change the designation of the plot, paying the full amount required to the authorities for the improvement of the property, and the rest of the requirements for a commercial and residential developer.
www.news1.news/en/2020/08/montag-leib-waldman-and-17-others-were-summoned-to-a-hearing-in-the-construction-case-in-beit-shemesh.html
. . .
Told you so 😉