Even though President-elect Donald Trump maintains he will remove himself from all of his businesses before his inauguration in order to avoid conflicts of interest, he can’t seem to stop himself from capitalizing on his position of power. His latest sales pitch takes advantage of the U.S. Secret Service.
The U.S. Secret Service is being advertised as the hot, new “amenity” in the Trump Tower in an effort to lure well-heeled clients into the building on Fifth Avenue, several news outlets reported.
According to Politico, within days of Trump’s election, prominent New York real estate agency Douglas Elliman sent out an e-mail marketing campaign with the subject: “Fifth Avenue Buyers Interested in Secret Service Protection?”
The advertisement referred to Trump Tower — which the President-elect has been using as both his residence and transition headquarters — as “the most secure building in Manhattan,” referencing Trump’s Secret Service protection as a “New Amenity.” The ad was for a $2.1 million, 1,052 square-foot one-bedroom condominium unit on the 31st floor of Trump Tower.
Currently, Trump Tower on Fifth Avenue has 16 active listings and 16 active rentals, according to New York City real estate site StreetEasy.
As a real estate developer, Trump depends on real estate brokers to market his properties. While each condo is individually owned, the Trump Corporation still manages buildings and is paid processing fees of $2,000 apiece for each application.
Mr. Trump and his family still claim residence in Trump Tower, which is costing New York City taxpayers roughly $1 million per day as the New York Police Department is assisting the United States Secret Service in protecting the Trump family. New York Mayor Bill De Blasio is requesting an additional $35 million from the federal government to cover the Trump family’s security costs up to January 20, when Trump will be officially inaugurated as the 45th President of the United States.
It has been reported that Trump will charge the Secret Service $1.5 million per year for a suite in the Trump Tower.
The Trump family currently has no plans to move, saying that First Son Barron Trump will finish school in New York before moving to Washington, D.C.