Trump Offers Comp Limousines to Attract Buyers

Posted on August 17, 2005 by LCT Staff - Also by this author - About the author

TORONTO, ONTARIO – Donald Trump, building his first residential condominium in Toronto, is offering 24-hour access to chauffeured Mercedes-Benz S-Class sedans and a chef for parties as incentives to attract buyers. The New York-style amenities may help the 70-story Trump International Hotel & Tower stand out, said Barry Landsberg, marketing director for the project.

”That's very unusual for Toronto," said Marisha Robinsky, a real-estate agent for Sutton-Granite Hill Realty Inc. in the city. Robinsky said developers usually offer kitchen appliances, parking spaces or access to compact cars as incentives. “The standard perks are becoming more common." Trump, 59, is taking advantage of a surge in demand for city apartments. About 50,000 to 60,000 people will move downtown this year, Toronto developer Harry Stinson said in an interview. Stinson made headlines in the Toronto Star and the National Post with plans to build the 88-story Sapphire Tower hotel and condominium a few blocks away from Trump's building.

At least six Toronto properties are selling units at up to $1,000 (Canadian dollars) a square foot, or about $2.2 million (Canadian dollars) for a two-bedroom apartment, according to SimplyCondos.com real-estate agent Laurie Hanes.

“We're rapidly becoming Manhattan," said Hanes, who described Trump's incentives as “smoke and mirrors." Trump's plans for Toronto were delayed by four years as he switched financial backers and designs. The site in Toronto's financial district will round out Trump's collection of buildings, bolstered by his construction of a 92-story hotel-condominium tower in Chicago that's slated to open in 2008.

View comments or post a comment on this story. (0 Comments)

More News

Hobnob With LCT Editors At LCT-NLA East Show

The three-day event offers ample time for attendees to introduce themselves, discuss their companies, and talk about important industry matters.

Charges Dropped Against Chauffeur In N.Y. Crash

Carlos Pino was indicted in March on four counts of criminally negligent homicide, four counts of assault, reckless driving, and other crimes.

Techie Invests In Tesla Limo Service

The company has saved more than 11,888 gallons of gas and 110 tons of carbon dioxide in its nearly 217,480 miles of travel so far.

Arizona Operator Knows Quality Affiliations Take Time

The Driver Provider’s Mary Beall dishes out some valuable advice for building strong affiliate relationships.

NLA Supports, Celebrates Charities At LCT East

Early bird and group discounts end today, so don’t miss your chance to attend this event at the show!

See More News

Facebook Comments ()

Comments (0)

Post a Comment



See More

See More

See More

See More

LCT Store

LCT Magazine - October 2016 $12.95 COVER STORY: * Leverage Tech To Levitate Your Operations * *


Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment



Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close