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Trump Has Been Lying About Trump Tower for Decades

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A new Forbes investigation finds:

  • Property records show that Donald Trump has been lying about the financial performance of Trump Tower since it first opened in 1983.
  • Tax and lending documents indicate that Trump lied about the square footage of the office and retail space at the base of the property (not to be confused with his lying about size of the penthouse atop the building, which Forbes previously exposed).
  • Portions of a 2015 audio recording, released here for the first time, prove that Trump was personally involved in the efforts to lie about the value of Trump Tower’s commercial space.

“Combined with earlier reporting and stacks of documents now in prosecutors’ hands, all point to a simple conclusion: The Trump Organization lied about the value of its properties to lenders for years, and although multiple people inside the firm participated in those efforts, the person at the center of the deceit was Donald Trump.”

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About Political Wire

Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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