Most NYC real estate professionals know that Donald Trump is not really in the real estate business, so he doesn't have a "reputation" as such.
Mr. Trump is a master-marketer of the brand name "Trump," which has been positioned as a consumer brand to symbolize luxury and opulence, whether that brand is on a condominium, a casino, a resort, or on consumer products from neckties to ice cream. He licenses his name to others as his principal occupation.
Serious NYC real estate professionals don't consider Mr. Trump among their peers.
Read other answers by Bruce Feldman on Quora:
- Real Estate in NYC: Is it possible to buy a 2 bed 2 bath house, co-op or condo, in Manhattan, in a good public school zip code for $600k?
- What are some interesting and important things to know about Manhattan zoning laws?
- What would happen to NYC real estate if suddenly it became much easier for tenants to sue landlords?
from Quora http://ift.tt/1WOAaya
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