Eric Trump saddled tenants with millions in fees after condo deal: lawsuit

Eric Trump saddled tenants with millions in fees after condo deal: lawsuit
Image via Gage Skidmore.
Economy

Eric Trump has been accused of landing residents of New York City's Trump World Tower with millions of dollars in fees following a deal to convert an unoccupied bar into “amenity space," The Villager reported.

Trump World Tower resident Johanna Beiter filed a lawsuit against the condo board, of which Eric Trump is a member, saying he approved the conversion with little notice to condo owners and without giving them an opportunity to appeal.

"Beiter says that for the past four years, the space at the World Bar had sat vacant, but on Feb. 23, residents received a letter from the board disclosing the 'amenity space plans' and noting that they would start being charged the special assessment a week later, on March 1. The Trump Corporation began charging both the special assessment and 2% amenity charge fees that day, says Beiter," The Villager's report stated.

According to Beiter's lawsuit, the proposed conversion violated condo by-laws, since any project that exceeds $200,000 should first be voted on by residents.

Read the full report over at The Villager.

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