Even though Donald Trump has long been hated by New York City, and he recently changed his official residence from New York to Florida, he still has a number of lucrative contracts with New York City. Well, not anymore.
Earlier this week there was buzz that the city was looking to break those contracts and take its business away from Trump. Sure enough, New York City Mayor Bill de Blasio announced this today: “New York City doesn’t do business with insurrectionists. We’re taking steps to TERMINATE agreements with the Trump Organization to operate the Central Park Carousel, Wollman and Lasker skating rinks, and the Ferry Point Golf Course.”
This takes several million more dollars out of Donald Trump’s pocket, at a time when three banks have cut him off in the past three days. Trump is about to face a serious financial crunch, and New York City just helped push him one step closer to bankruptcy.
Bill Palmer is the publisher of the political news outlet Palmer Report