TOWN IN THE NEWS

Keith Olbermann Lists Trump Palace Condo, Takes Swipe at Trump Campaign

The Wall Street Journal, April 11, 2016



In March, Keith Olbermann wrote an op-ed in the Washington Post announcing plans to move out of his Trump Palace apartment in New York City due to his opposition to the building’s developer, Republican presidential candidate Donald J. Trump. Now, the liberal news and sports commentator is following through, listing the roughly 1,750-square-foot condo for $3.9 million.

The asking price is significantly less than the $4.2 million Mr. Olbermann paid for the apartment in 2007. He said he bought it at around the height of the market and would be disappointed to lose money on the sale, but added he feels it is worth it. “I feel 20 pounds lighter since I left,” said Mr. Olbermann, who moved out of the apartment in March. As a longtime political commentator on MSNBC, Mr. Olbermann was known for his criticism of right-wing politicians.

Mr. Trump said in an email that Mr. Olbermann “is just trying to use ‘Trump’ to get publicity and stay relevant. The prices of Trump apartments are today, the highest they’ve been. When people find out he is leaving Trump Palace, prices will probably go up.”

The apartment is on the 40th floor of Trump Palace, a 55-story tower that was developed by Mr. Trump in the early 1990s and is managed by the Trump Organization, according to Ginger Shukrun of Town Residential, who is listing the property with colleague Wendy Jodel. With views of the Empire State Building, Central Park and the George Washington Bridge, the apartment has two bedrooms and a family room that could be converted to a third bedroom, Ms. Shukrun said. The apartment has three balconies and comes with a 71-square-foot storage room in the basement.

Mr. Olbermann said his unit is “a great apartment,” but leaving the building made him feel “less morally icky.” He added that if it wasn’t a Trump building, he never would have moved. “If they had changed the name of it to something more positive like Ebola Palace I would have happily stayed,” he said. He said he has found another home in Manhattan, but declined to identify which building.

Trump Palace is a full-service building with a 24-hour doorman, concierge, garage, gym, and outdoor children’s play area, Ms. Shukrun said.

RELATED ARTICLES



41 Madison Ave New York, NY 10010 | Phone: 646.979.9930
© TOWN Residential, LLC. All Rights Reserved. | Terms of Use | Careers | Privacy Policy | Fair Housing