Trump Takes Over Old Post Office, Will Spare No Expense For Luxury Hotel | WAMU 88.5 - American University Radio

WAMU 88.5 : News

Filed Under:

Trump Takes Over Old Post Office, Will Spare No Expense For Luxury Hotel

Play associated audio
Luxury will be the theme tying together Donald Trump's luxury hotel at the Old Post Office building on Pennsylvania Avenue.
WAMU/Armando Trull
Luxury will be the theme tying together Donald Trump's luxury hotel at the Old Post Office building on Pennsylvania Avenue.

The Old Post Office Building on Pennsylvania Avenue was built in 1899, and the historic building will soon be reborn as the newest luxury hotel in the District in the past 15 years. Today one of the country's wealthiest real estate magnates promised that money would be no object as his company took over the property.

The lease-signing at the Old Post Office had nearly all the pomp and circumstance of a treaty signing at the White House, but little else could have been expected from Donald Trump, who today took control of the historic building amid plans to build a luxury hotel in one of the city's most coveted locations.

"Cost is no object, because if it was, I wouldn't build it, I can do other things. There are easier ways to make a buck, believe me," he said of his plans for the hotel.

"The goal of this development from inceptions was always to bring the finest hotel in the country to the District," said Ivanka Trump, Donald's daughter.

Mayor Vince Gray, D.C. Del. Eleanor Holmes Norton, assorted A-listers, and other power players were also at the signing ceremony, where Trump promised the hotel would be a boon to the city's economy. According to the real estate magnate, the hotel will create 700 construction jobs and 300 permanent jobs, and bring in $100 million in tax revenue.

As the ceremony came to a close, Trump didn't miss chance to repeat his iconic phrase: "You better do a good job, or you're fired," he warned. His daughter didn't disagree, saying, "You laugh, but he actually means that."

Trump paid $200 million to acquire the 60-year lease of the historic property.

NPR

Novelist Nuruddin Farah: Facing A Blank Page Is 'Bravest Thing' A Writer Does

Farah's latest is called Hiding in Plain Sight. It's the story of Bella, a Somali photographer living in Rome who gets drawn into the lives of her niece and nephew after her half-brother is killed.
NPR

Tracing A Gin-Soaked Trail In London

Around the world, new gin distilleries are popping up like mushrooms after a rain. NPR traces the boom to its historic roots in London, which once had 250 distilleries within the city limits alone.
NPR

Ballot Questions Draw Voters In 43 States

Ballot measures cover a lot of ground this year — from minimum wage to school calendars to one involving doughnuts and bear hunting. NPR's Charlie Mahtesian takes NPR's Scott Simon through the list.
NPR

Tech Week: Voice Mail Hang-Ups, Apple Pay And Zuckerberg's Chinese

In this week's roundup, Apple rolls out its mobile payment system but confronts a security test in China, the problem with voice mail messages and Mark Zuckerberg shows off his Mandarin.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.