Trump Towers Istanbul Explained

Trump Towers Istanbul
Location:Mecidiyeköy, Şişli, Istanbul, Turkey
Coordinates:41.0675°N 28.9925°W
Status:Completed
Opening:2012
Building Type:Mixed-use
Roof:155m (509feet) and 145m (476feet)
Floor Count:39 and 37
Architect:Brigitte Weber Architectural Office[1] [2]
Developer:Adi Chabli

Trump Towers Istanbul are two conjoined towers in Şişli, Istanbul, Turkey. One of the towers is an office tower, and the other a residential tower, consisting of over 200 residences.[3] The complex also holds a shopping mall with some 80 shops and a multiplex cinema. They are the first Trump Towers built on the European continent.[1] The property developer is Turkish billionaire Aydın Doğan, in a license-partnership with American businessman (later U.S. President) Donald Trump. His daughter Ivanka Trump took part in the promotion and sales of the residences in 2007, 2008[4] and 2009,[5] [6] and attended the April 2012 launch with her father Donald Trump and Turkish Prime Minister (later President) Recep Tayyip Erdoğan.[7] [8] Many businesses based in Europe and the Middle East occupy the complex, which was designed by Austrian architect Brigitte Weber.[1] [2]

The original license holder was Miami-based developer Adi Chabli. Chabli originally brought Trump to Turkey and held the license, prior to negotiating and subsequently transferring it to Doğan Holding.[9]

The residential tower includes the only collective wine cellar in Turkey, the cellar being built by Focus Wine Cellars.[10]

Among the buildings' prominent tenants is Iranian-born businessman Reza Zarrab.[11]

Trump name controversy

The Turkish owner of the building, Aydın Doğan, who pays The Trump Organization for the right to use their brand name, was reported in December 2015 to be exploring legal means to dissociate the property, following U.S. presidential candidate Trump's call to "temporarily ban Muslims from specific countries from entering the United States".[12]

In December 2015, Trump stated in a radio interview that he had a "conflict of interest" in dealing with Turkey because of his property, saying "I have a little conflict of interest, because I have a major, major building in Istanbul ... It’s called Trump Towers. Two towers, instead of one. Not the usual one, it’s two. And I’ve gotten to know Turkey very well."[13] [14]

In August 2018, Aytun Ciray, general secretary of the Iyi Party, a major opposition party in Turkey, called on the government of President Erdoğan to "seize the Trump Towers” in protest of the Trump Administration's declaration of sanctions on Turkey's Ministers of Justice and the Interior.[15]

See also

Notes and References

  1. Web site: Trump Towers Istanbul: Concept. trumpistanbul.com.tr. Trump Towers Istanbul.
  2. Web site: Trump Towers Istanbul. archello.com. Archello.
  3. http://www.trump.com/Real_Estate_Portfolio/Turkey/Trump_Towers_Istanbul.asp Trump.com
  4. Web site: Donald Trump'ın kızı İstanbul'da. milliyet.com.tr. Milliyet. 18 April 2008.
  5. Web site: Ivanka Trump'ın İstanbul mesaisi. cnnturk.com. CNN Türk. 25 November 2009.
  6. Web site: Ivanka Trump iş için İstanbul'da. cnnturk.com. CNN Türk. 24 November 2009.
  7. Web site: Ivanka Photo Resurfaces Showing Trump in Istanbul to Open New Luxury Towers. newsweek.com. Newsweek. David Brennan. 15 October 2019.
  8. Web site: Ivanka tweet thanking Turkey's Erdogan for attending Istanbul Trump Towers launch re-emerges amid Syria controversy. Newsweek. 7 October 2019.
  9. Web site: KARATAŞ . Nilgun . Yeşil İnşaat, sonunda Donald Trump'a imzayı attırdı . bigpara . 21 October 2006 . 2 October 2021.
  10. Web site: hurriyet.com.tr . 2013-01-03 . 2013-04-18 . https://archive.today/20130418182556/http://arama.hurriyet.com.tr/arsivnews.aspx?id=9552958 . dead .
  11. News: Trump Tower: Dictators' Home Away From Home. Betsy. Woodruff. Tim. Mak. September 30, 2015. September 30, 2015. The Daily Beast.
  12. News: Turkish partner condemns Donald Trump's anti-Muslim remarks, reviews ties . December 11, 2015 . December 11, 2015 . Reuters.
  13. News: Russia, Turkey expand military operations in Syria during Trump's transition to power. LA Times. Los Angeles Times. 21 November 2016. 2016-11-17.
  14. News: Donald Trump's longtime business connections in Turkey back in the spotlight . NBC News . October 9, 2019.
  15. Web site: Turkish party: Seize Trump's hotel to protest sanctions. Washington Times. 10 October 2019.