aside President Trump Has Tried To Do Business In Moscow For Three Decades

The 2013 Miss Universe pageant in Moscow. Mr. Trump sold Russian real estate developers the right to host his Miss Universe pageant that year. Credit Maxim Shemetov/Reuters

On January 16, 2017, Megan Twohey and Steve Eder of the New York Times penned the following report, “For Trump, Three Decades of Chasing Deals in Russia.”

Excerpts:

“As the Russian market opened up in the post-Soviet era, Mr. Trump and his partners pursued Russians who were newly flush with cash to buy apartments in Trump Towers in New York and Florida, sales that he boasted about in a 2014 interview. “I know the Russians better than anybody,” Mr. Trump told Michael D’Antonio, a Trump biographer who shared unpublished interview transcripts with The New York Times.”

“Seeking deals in Russia became part of a broader strategy to expand the Trump brand worldwide. By the mid-2000s, Mr. Trump was transitioning to mostly licensing his name to hotel, condominium and commercial towers rather than building or investing in real estate himself. He discovered that his name was especially attractive in developing countries where the rising rich aspired to the type of ritzy glamour he personified.”

Image result for photos of trump at miss universe contest moscow“While he nailed down ventures in the Philippines, India and elsewhere, closing deals in Russia proved challenging. In 2008, Donald Trump Jr. praised the opportunities in Russia, but also called it a “scary place” to do business because of corruption and legal complications.”

“Mr. Sater said that American hotel chains that had moved into Russia did so with straightforward agreements to manage hotels that other partners owned. Mr. Trump, by contrast, was pursuing developments that included residential or commercial offerings in which he would take a cut of sales, terms that Russians were reluctant to embrace.”

“Even so, Mr. Trump said his efforts put him in contact with powerful people there. “I called it my weekend in Moscow,” Mr. Trump said of his 2013 trip to Moscow during a September 2015 interview on “The Hugh Hewitt Show.” He added: “I was with the top-level people, both oligarchs and generals, and top of the government people. I can’t go further than that, but I will tell you that I met the top people, and the relationship was extraordinary.”

Image result for photos of trump at miss universe contest moscowTrump’s Hopes for Moscow Deals Fail to Break Ground

“Donald J. Trump has made repeated efforts over 30 years to build or invest in hotels and luxury housing in Moscow. It never quite happened.”

July 1987

“Mr. Trump travels to Moscow with his wife, Ivana. They stay in the Lenin Suite at the National Hotel and tour potential construction sites.”
Dec. 1988
“Mr. Trump says that the Moscow hotel project fizzled because “in the Soviet Union, you don’t own anything. It’s hard to conjure up spending hundreds of millions of dollars on something and not own it.”
Image result for PHOTOS OF BORIS YELTSINJuly 1991
“Boris N. Yeltsin takes office as the first president of the Russian Federation.”
Nov. 1996
“At a news conference, Mr. Trump announces plans to invest $250 million in Russia and to put his name on two luxury residential buildings, a Trump International and a Trump Tower, in Moscow. Neither building was constructed.”
Feb. 1998
“The Moscow Times quotes Norma Foerderer, Mr. Trump’s personal assistant, about his Moscow plans: “That’s way on the back, back, back burner. We haven’t thought about Moscow for some time.”
Feb. 1998
“The Russian news media reports that further negotiations never occurred with Mr. Trump about the Moscow hotel. A German company ends up winning the contract.”
May 2000
“Vladimir V. Putin takes office as president of Russia.”
Mr. Trump with Tevfik Arif, center, and Felix Sater at the Trump SoHo launch party in 2007. Mr. Trump discussed deals in Russia with their development company, the Bayrock Group, but they never materialized. Credit Mark Von Holden/WireImage

Mid-2000s

“A New York development company working with Mr. Trump explores the possibility of constructing a Moscow Trump Tower on the Moscow River, but the project fails to move forward.”
2007
“Mr. Trump speaks highly of real estate prospects in Russia in a deposition, saying, “We will be in Moscow at some point.” Mr. Trump acknowledges meeting with Russian investors at Trump Tower to explore a Moscow development deal, and says his son Donald Trump Jr. is working to get a separate deal there off the ground.”
2006, Mr. Sater and two of Mr. Trump’s children, Donald Jr. and Ivanka, stayed at the Hotel National Moscow across from the Kremlin, connecting with potential partners over several days. Credit Yuri Kadobnov/Agence France-Presse — Getty Images

May 2008

“Dmitry A. Medvedev takes office as the president of Russia.”
June 2008
“At a “Real Estate in Russia” conference, Donald Trump Jr. says that the Trump Organization wants to build luxury housing and hotels in Moscow, St. Petersburg and Sochi.”
May 2012
“Vladimir V. Putin begins his second nonconsecutive term as the president of Russia.”

 tweeting:

Do you think Putin will be going to The Miss Universe Pageant in November in Moscow – if so, will he become my new best friend?

Sept. 2013

“During a visit to Moscow for the Miss Universe pageant, which he co-owned, Mr. Trump said, “I have plans for the establishment of business in Russia. Now, I am in talks with several Russian companies to establish this skyscraper.”
Image result for photos of trump at miss universe contest moscowAs per a 7/8/16 Mother Jones article, “Putin was a no-show, but he did send Trump a nice note and a decorative box.”
(2013-2014) “Like Trump’s other Russian ventures, his plan for a Trump Tower in Moscow also fizzled out. “

Image result for photos of trump at miss universe contest moscow“After returning to New York (from Moscow), Trump bragged to Real Estate Weekly that “The Russian market is attracted to me,” and, “I have a great relationship with many Russians, and almost all of the oligarchs were in the room.” He also gave the Agalarovs a special thank you on Twitter:

As per a 7/11/17 New York Magazine article, “Later that month Emin released his video for “In Another Life,” in which he falls asleep during a board room meeting, dreams about Miss Universe contestants frolicking in his apartment, then wakes up to an angry Donald Trump. He delivers his signature line at the time: “You’re fired.”

“The Trumps continued their relationship with the Agalarovs long after the pageant. In March Emin told Forbes that he performed for Trump at one of his golf courses and was in his New York office shortly before he launched his campaign (2015). After Trump won the presidential election, Emin congratulated him on Instagram and posted a video he sent him in 2014 for his 35th birthday.”

Image result for photos of trump at miss universe contest moscow
EMIN

“Emin said Trump sent him and his father handwritten notes thanking them for their congratulatory messages, and claimed he’d exchanged messages with Trump Jr. in January.”

“He also said they planned to build a Trump Tower right next to an Agalarov Tower in Moscow, and had picked out the land and signed a letter of intent with the team in New York. “

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