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Noam Galai / Getty ImagesNew York City Mayor Bill de Blasio speaks at South Street Seaport on Aug. 3, 2020, in New York City. (Noam Galai / Getty Images)
No matter what anyone thinks of President Donald Trump, what’s happening to him now should fill all patriotic Americans with dread and disgust.
Adding to the growing list of vindictive actions against the outgoing president — a real estate mogul who set aside his lucrative business to serve his country — is another potential blow to Trump’s financial future.
On Wednesday, New York City Mayor Bill de Blasio announced he would sever the city’s relationship with the Trump organization, canceling contracts for the Central Park Carousel, the Trump Golf Links at Ferry Point, and two of Central Park’s iconic ice-skating rinks, the New York Times reported. The organization earned roughly $17 million per year from the contracts.
Citing a stipulation in the contracts that allow severance for “criminal activity,” de Blasio said the city was within its legal rights to do so.
In statement to @ABC – President Trump’s son Eric reacts to news of NYC terminating contracts with Trump Organization says the Mayor has “no legal right to end our contacts….will owe the Trump Organization over $30 million…..we plan to fight vigorously.” @EricTrump pic.twitter.com/TGHj0DbRfb
— John Santucci (@Santucci) January 13, 2021
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