The Trump Group

Last updated

The Trump Group, based in Aventura, Florida, is a developer of luxury condominiums and investor in private companies; it is not related to the Trump Organization, owned by Donald Trump. [1] Its projects include Williams Island (Florida) in Aventura, Estates at Acqualina in Sunny Isles Beach, and Luxuria in Boca Raton. [2] [3] [4]

History

The company was founded by Jules and Eddie Trump (who are not related to Donald Trump [5] ), Jewish brothers who moved to the United States from South Africa in the 1970s. In 1980, the brothers began their first project, Williams Island in Aventura. [6] [7] [8]

Initially based in New York, the company purchased the Seattle-based Pay 'n Save drug store chain in 1984. [9] Shortly after its purchase of Pay 'n Save, after a magazine incorrectly ascribed the purchase to Donald Trump, the company was unsuccessfully sued by the Trump Organization over the use of the Trump name; however, The Trump Group's trademark was revoked in 1988. [10]

References

  1. ↑ "Florida Condo Developer Takes Out Miami Area's Biggest Construction Loan in Years". Bloomberg News . October 3, 2018.
  2. ↑ Apgar, Sally (July 1, 2009). "The other Trumps". The Real Deal .
  3. ↑ Sell, Mark (July 2016). "We Have Our Own Trumps, Thank You". Biscayne Times. Archived from the original on June 10, 2017. Retrieved January 16, 2022.
  4. ↑ Kaplan Sommer, Allison (19 May 2017). "Meet the Jewish Trumps - Who Were Once Sued by Donald for Using His Name". Haaretz .
  5. ↑ "The Trump Files: Donald Sued Other People Named Trump for Using Their Own Name". Mother Jones . Archived from the original on 2020-08-15. Retrieved 2018-07-09.
  6. ↑ Nehamas, Nicholas (4 October 2015). "Jules Trump on Sunny Isles and the future of luxury in Miami". Miami Herald .
  7. ↑ Scardino, Albert (February 7, 1988). "In Bjusiness, U.S. Says Donald is Trump". The New York Times . Retrieved January 16, 2022.
  8. ↑ Barron, James (January 31, 2016). "How Donald Trump Tried to Protect His Name From Others Who Shared It". The New York Times . Retrieved January 16, 2022.
  9. ↑ "Trump Group Lifts Pay'n Save Bid" . The New York Times . 14 September 1984.
  10. ↑ Elstein, Aaron (6 August 2015). "The notorious case of The Donald vs. Trump". Crain Communications .
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.