![]() Expert) in connection with the design construction and development of the Property shall be subject to (the Trump Organization's) prior written approval." "Each architect, designer, engineer landscape designer and consultant retained by (I.C. "All plans shall be subject to (the Trump Organization's) prior review and approval." the document says, giving Trump's company broad oversight over the aesthetics. But when the letter was signed, the Russian company still hadn't identified a plot of land where it could be built.Īccording to the document, Trump World Tower Moscow would have featured about 250 luxury condominium units, 15 floors of hotel rooms, as well as space for commercial properties and offices. It set the contours of the negotiations.īoth parties agreed the property would be named Trump World Tower Moscow. But it was an agreement that the two parties would try to forge a more formal agreement down the road. This letter of intent was not a legally binding contract. But the new details in the document obtained by CNN reveal a branding bonanza in which the Trump Organization would have had no responsibility for financing the project - the potential cost of which is not even mentioned - but have control over the property's management and appearance. The general outlines of the potential deal, and its collapse, came to light in Cohen's statement last week. Expert Investment Company, which would have been responsible for developing the property, which they hoped to build in the heart of Moscow. Also signing was Andrey Rozov, owner of I.C. The preliminary agreement for the Moscow project was signed by Trump on or around October 28, 2015, according to a statement Cohen gave last week to Congressional committees investigating Russian meddling in the 2016 election. The many unearthed interactions between Trump-world and Russia, documented ![]() Help world peace and make a lot of money, I would say that's a great lifetime goal for us to go after." In an email to Cohen, Sater wrote the project could "possibly fix relations between the countries by showing everyone that commerce and business are much better and more practical than politics." He continued, "That should be Putin's message as well, and we will help him agree on that message. A source familiar with those conversations adds that they lasted less than four minutes combined.įelix Sater, a Russian-born former Trump business associate and mob-linked felon who figured prominently in development of the Trump SoHo property in New York, served as an intermediary in the Moscow venture, shuttling documents between Cohen and the Russian development firm he was hoping to partner with. In October 2015, days before he signed the letter of intent, Trump tweeted a link to an article titled "Putin loves Donald Trump."Ĭohen has publicly acknowledged discussing the deal with Trump on three occasions. In a primary debate in September 2015, he said he "would get along with" Putin and articulated a more conciliatory posture toward the Kremlin. One year into the FBI's Russia investigation, Mueller is on the Trump money trailĪt the debates, Trump went after those opponents - but not Putin. ![]() The document CNN obtained does not have Trump's signature because it is a copy of the deal that Cohen brought to Trump to sign.Ĭohen pulled out of the arrangement three months later as the project failed to get off the ground. Trump signed the document later that month, according to Michael Cohen, his corporate attorney at the time. ![]() And that's not all: the deal included the opportunity to name the hotel spa after his daughter Ivanka.Īn internal Trump Organization document from October 2015, obtained by CNN on Thursday, reveals the details of a 17-page letter of intent that set the stage for Trump's attorney to negotiate a promising branding venture for Trump condominiums, a hotel and commercial property in the heart of Moscow. Washington(CNN) Around the time presidential candidate Donald Trump was touting his real estate dealings at a Republican primary debate, a proposal was in the works to build a Trump Tower in Russia that would have given his company a $4 million upfront fee, no upfront costs, a percentage of the sales, and control over marketing and design. ![]()
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