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‘We will be in Moscow’: The story of Trump’s 30-year quest to expand his brand to Russia

 
 
Reply Thu 29 Nov, 2018 11:17 pm
‘We will be in Moscow’: The story of Trump’s 30-year quest to expand his brand to Russia.


Published November 29, 2018
Quote:
It was a dream born in the 1980s: a gleaming Trump Tower in the heart of Soviet Moscow. For Donald Trump, that vision never died, even as he launched a presidential campaign and moved toward clinching the Republican Party nomination in 2016.

On Thursday, his former attorney Michael Cohen told a federal judge that Trump was pursuing a deal to build a Trump Tower in Moscow throughout the first half of 2016 — the very time the candidate was stepping out on the world stage as a political figure and breaking with the GOP by praising Russia and its president, Vladi­mir Putin.

Trump’s attempt that year to expand his brand into Moscow capped a 30-year-long effort by the celebrity mogul to do business in Russia. His refusal to give up that ambition as he was campaigning for the White House now colors his public embrace of Putin, whose help Cohen sought for the project.

Again and again Trump pursued his Russia project, traveling to Moscow and unveiling four ultimately unsuccessful plans to put his name on a building in the Russian capital before he announced he would run for president.

“Russia is one of the hottest places in the world for investment,” Trump said in a 2007 deposition. “We will be in Moscow at some point.”

While running for president, Trump spoke highly of Putin and criticized the Russian president’s adversaries, including international organizations such as NATO and the European Union. His rhetoric seldom wavered, even as evidence began to emerge that Russia was interfering in the 2016 campaign to boost Trump’s effort.

At the time, Trump repeatedly insisted that he did not have financial ties to Russia. “How many times do I have to say that?” he said at a news conference in July 2016, just after WikiLeaks published thousands of Democratic Party emails hacked by Russian operatives. “I have nothing to do with Russia. I have nothing to do with Russia.”

He added in a tweet: “For the record, I have ZERO investments in Russia.”

But his assertions belied years of Trump’s failed efforts in Russia. The final attempt led by Cohen began in September 2015 and apparently ended on June 14, 2016, according to court documents — the same day The Washington Post broke the news that Russia was suspected to be behind a hack of the Democratic National Committee.

Repeat visits

Trump traveled to Russia for the first time in 1987, as the Soviet Union began to open to more Western investment but many Americans remained wary of the communist leadership. According to his memoir “The Art of the Deal,” he and his then-wife, Ivana Trump, scoped out possible sites for a luxury hotel that he wanted to build in a joint venture with the Kremlin’s hotel and tourism agency.

In 1996, Trump was back, this time promising to build in the heart of post-Soviet Moscow in partnership with a group of U.S. tobacco executives. The group drew up architectural plans and had meetings with city leaders. But, again, it fizzled.

By 2005, Trump had found a new partner: a company called the Bayrock Group that had opened offices in Trump Tower two floors below his executive suite and had clinched deals to build Trump-branded properties in several U.S. cities.

The company’s point person on the project was Felix Sater, a Russian-born businessman with a checkered past. He had served a year in prison after a 1991 bar fight. In 1998, he pleaded guilty to one count of racketeering in a $40 million Mafia-linked stock fraud case.

But Sater had cooperated with the government in various criminal and national security matters, allowing him to keep his plea under seal and remake himself as a respectable Trump business partner.

The Trump Organization gave Bayrock a one-year exclusive deal to hunt for land in Moscow for a development, according to documents obtained by The Post.

Sater said in a 2008 deposition that he found a group of interested Russian investors, as well as a possible site for the project — a shuttered pencil factory that had been named for American radicals Nicola Sacco and Bartolomeo Vanzetti, who were convicted of murder and executed during the “Red Scare” that swept the United States after World War I.

“I showed him photos, I showed him the site, showed him the view from the site. It’s pretty spectacular,” Sater said of Trump in the depositions. “It was more of verbal updates when I’d come back, pop my head into Mr. Trump’s office and tell him, you know, ‘Moving forward on the Moscow deal.’ And he would say, ‘All right.’ ”

That deal fell apart, as well, but it did not rupture Sater’s relationship with the Trump Organization. A year later, Sater testified, Trump asked him to accompany his adult children Ivanka Trump and Donald Trump Jr. on a trip to Moscow.

By 2007, Donald Trump had hired Cohen to serve as one of his top lawyers. Cohen and Sater had attended high school together and were close.

'A different world'

The failures in Russia were a source of frustration for the Trump Organization at a time it was otherwise expanding around the world, buoyed by the success of Trump’s reality television show “The Apprentice.” He signed deals to build Trump Towers in Istanbul and Panama in 2006 and the Dominican Republic in 2007.

Speaking to a real estate conference in 2008, Trump Jr. explained that building in Russia was tricky.

“As much as we want to take our business over there, Russia is just a different world,” he said. “It is a question of who knows who, whose brother is paying off who. . . . It really is a scary place.”

But the younger Trump insisted that the company was determined to make it work. He had traveled to Russia six times in the previous 18 months, he told the investors. “Russians make up a pretty disproportionate cross-section of a lot of our assets,” he said, explaining that Russians found the Trump name appealing and were buying units in the company’s buildings around the world.

Donald Trump finally made it to Moscow in 2013, bringing his Miss Universe beauty pageant to the Russian capital.

Costs for the elaborate event were borne by a Russian billionaire developer, Aras Agalarov, and his pop-star son, Emin Agalarov — often called the Trumps of Russia for their tendency to put their name on projects.

Trump spent 36 hours in Moscow in November 2013, meeting with Russian business leaders and hoping for a sit-down with the Russian president. Putin declined, citing a delayed meeting with the king of Holland.

As the event concluded, Trump announced he had once again reached a preliminary deal to build in Moscow — this time with the Agalarovs as partners. “I had a great weekend with you and your family,” Trump tweeted to Aras Agalarov as he left Russia. “TRUMP TOWER-MOSCOW is next.”

The deal did not advance beyond preliminary talks, hampered by a cooling Russian economy and then Trump’s busy campaign schedule, the Agalarovs told The Post in a joint interview in spring 2016.

But the billionaire and his son remained in contact with Trump, and in June 2016, they helped arrange for Trump Jr. to take a meeting with a Russian lawyer as his father pursued the presidency.

The candidate’s son was told the lawyer would bring dirt about Democrat Hillary Clinton as part of a Russian government effort to help Trump. “If it’s what you say, I love it,” Trump Jr. responded.

Pursuing the big deal

By then, Cohen had been working with Sater for months to once again get a Trump development in Moscow off the ground. A person close to Cohen said he knew how badly Trump wanted a Moscow project and believed he would score a major coup with his boss if he could get it done.

Cohen has said Sater approached him with the proposal in September 2015. He had found a new Russian partner, a Moscow-based developer called I.C. Expert Investment Co. and its chairman, a former Sater business partner named Andrei Rozov.

It was not the only Moscow project fielded by Cohen while his boss ran for president. Cohen also had been forwarded in October 2015 another a 13-page proposal from Sergei Gordeev, a Moscow real estate billionaire and former legislator. The proposal was delivered by an international financier with whom Cohen had worked previously, whose spokeswoman said last year that Cohen rejected the offer because he was already working with Sater. The spokeswoman, Melanie A. Bonvicino, declined to comment Thursday about whether that businessman, Giorgi Rtskhiladze, has been interviewed by special counsel Robert S. Mueller III, who is investigating alleged Russian interference in the 2016 election.

In October, Trump signed a letter of intent to proceed with the Sater project, Cohen has said. It came on the same day Trump participated in the third Republican debate.

Both Cohen and Sater said the project could be used to help not only Trump’s bottom line but also his electoral efforts.

“Our boy can become president of the USA and we can engineer it,” Sater wrote to Cohen in a 2015 email obtained by the New York Times and confirmed by The Post. “I will get all of Putins team to buy in on this, I will manage this process.”

In the messages, Sater claimed he had lined up financing with VTB Bank, under U.S. sanctions at the time for allegedly undermining democracy in Ukraine. In another communication, Sater told Cohen they could host a lavish ribbon-cutting ceremony in Moscow and suggested showing Russian contacts video clips of Trump praising Russia on the campaign trail.

“I will get Putin on this program and we will get Donald elected,” Sater wrote. “Americas most difficult adversary agreeing that Donald is a good guy to negotiate.”

At one point, Sater suggested to Cohen that they give a $50 million penthouse unit to Putin as a way to market the new Trump Tower. “If we have Putin in the penthouse every oligarch in Russia would want to live in that building,” Sater said in an interview Thursday with The Post, recalling that he told Cohen that the giveaway would pay for itself many times over. The idea of providing the penthouse to Putin was first reported Thursday by Buzzfeed News.

When Cohen testified before Congress, he said the Moscow tower project was short-lived. He told lawmakers he spoke to Trump about it only three times before canceling it. By January 2016, he said, the project had stalled.

Cohen emailed Dmitry Peskov, a top Putin aide and spokesman, to enlist Russian government help to secure land and permits, according to documents submitted to Congress. Cohen said he did not recall receiving a response, and the project died.

On Thursday, Cohen acknowledged those statements were false and pleaded guilty to lying to Congress. He said that after reaching out to Peskov, he spoke to the Russian official’s personal assistant for 20 minutes. She took notes and promised to look into the issue, according to a court document filed Thursday.

The next day, Sater emailed Cohen. “It’s about [the president of Russia] they called today,” he wrote, according to the filing.

Cohen also admitted that he discussed the project with Trump more frequently than he told Congress and briefed his children, as well.

Six months later, Cohen agreed to travel to Russia to attend an economic forum in St. Petersburg at Sater’s recommendation, reversing course and canceling the trip on June 14, 2016.

Trump told reporters Thursday that Cohen was lying about key details. But he added that he saw no reason that running for president meant he could not also pursue his business ambitions.

“There was a good chance that I wouldn’t have won,” he said, “in which case I would have gone back into the business, and why should I lose lots of opportunities?”

http://www.msn.com/en-us/news/politics/%e2%80%98we-will-be-in-moscow%e2%80%99-the-story-of-trump%e2%80%99s-30-year-quest-to-expand-his-brand-to-russia/ar-BBQgSdV?ocid=UE13DHP
 
Real Music
 
  2  
Reply Mon 18 Nov, 2019 11:32 pm
The Trump-Russia Ties Hiding In Plain Sight.

Trump's in-plain-sight embrace of Russia gets obscured by the Trump news avalanche.

But long before running for president, Trump relied on Russian money.

Trump also consistently defends Russia and attacks U.S. officials investigating Russia.



Published May 24, 2018

0 Replies
 
Real Music
 
  2  
Reply Sun 9 Aug, 2020 09:09 pm

All roads lead to Vladimir Putin.
RABEL222
 
  2  
Reply Sun 9 Aug, 2020 09:26 pm
@Real Music,
Lots of good accurate information that will be turned 189 degree's by the conseratives on this site or just outrite denied.
Real Music
 
  2  
Reply Mon 10 Aug, 2020 07:17 pm
@RABEL222,
It wouldn't surprise me, but I will continue posting.
0 Replies
 
Real Music
 
  3  
Reply Sun 20 Mar, 2022 05:36 pm
Business projects of Donald Trump in Russia

Quote:
Donald Trump has pursued business deals in Russia since 1987, and has sometimes traveled there to explore potential business opportunities. In 1996, Trump trademark applications were submitted for potential Russian real estate development deals. Trump's partners and children have repeatedly visited Moscow, connecting with developers and government officials to explore joint venture opportunities. Trump was never able to successfully conclude any real estate deals in Russia. However, individual Russians have invested heavily in Trump properties, and following Trump's bankruptcies in the 1990s he borrowed money from Russian sources. In 2008 his son Donald Trump Jr. said that Russia was an important source of money for the Trump businesses.

Efforts to build a Trump building in Moscow continued into June 2016, during which Trump was securing the Republican nomination for the presidential election.

In January 2017, BuzzFeed News reported the existence of the unverified Trump–Russia dossier (also called the Steele dossier), which alleges connections between Trump associates and Russia. Trump responded the next day, and again at a February news conference, that he has no financial connections to Russia. In response to ongoing questions, White House press secretary Sean Spicer reiterated in May that Trump has no business connections to Russia. Also in May, Trump's tax lawyers sent a letter to the Senate Judiciary Committee saying Trump had not received any income from Russian sources over the past 10 years "with a few exceptions".

Trump's pre-Presidential business dealings with Russia were scrutinized by the special counsel.

In July 2018, The Daily Beast reported on a search engine optimization project intended to minimize public awareness of Trump's connections to an associate who worked on these projects with him.

Becoming well known

In 1987, Trump visited Russia to investigate developing a hotel, invited by Ambassador Yuri Dubinin whom he had met in New York the year before. British journalist Luke Harding alleged in 2017 that this trip likely began a long-term cultivation operation typical of the KGB's Political Intelligence Department, under written directives initiated by First Chief Directorate head Vladimir Kryuchkov, to recruit politically ambitious Westerners susceptible to flattery, egotism and greed.

In 1996, Trump partnered with Liggett-Ducat, a small company, and planned to build an upscale residential development on a Liggett-Ducat property in Moscow. Trump commissioned New York architect Ted Liebman, who did the sketches. Trump visited Moscow again with Howard Lorber to scout potential properties for "skyscrapers and hotels". During that trip, Trump promoted the proposal and acclaimed the Russian economic market. At a news conference reported by The Moscow Times, Trump said he hadn't been "as impressed with the potential of a city as I have been with Moscow" in contrast to other cities had visited "all over the world."

By this time, Trump had made known his desire to build in Moscow to government officials for almost ten years "ranging from the Soviet leader Mikhail S. Gorbachev (they first met in Washington in 1987) to the military figure Alexander Lebed." Moscow's mayor, Yuri M. Luzhkov, showed Trump plans for a very large shopping mall to be located underground in the vicinity of the Kremlin. The mayor complimented Trump's suggestion that this mall should have access to the Moscow Metro, and it was eventually connected to the Okhotny Ryad station. Although the 1996 residential development did not happen, Trump was by this time well known in Russia.

Projects

Trump's business strategy included Russia in ventures intended to internationally expand his brand. He transitioned in the mid-2000s from building and investing in real estate to simply licensing his name to hotels, condominiums, and commercial towers. Although a strategy of taking a percentage from the sales was successful in other countries, Trump's terms were not agreeable to Russians and conflicted with their way of doing business with American hotel chains.

From 2000 to 2010, Trump partnered with a development company headquartered in New York represented by a Russian immigrant, Felix Sater. During this period, they partnered for an assortment of deals that included building Trump towers internationally. For example, in 2005 Sater acted as an agent for building a Trump tower alongside Moscow River with letters of intent in hand and "square footage was being analyzed."

In 2006, Trump's children Donald Jr. and Ivanka, traveling with Sater, stayed in the Hotel National, Moscow for several days, across from the Kremlin, to see promising partners, with the intent of doing real estate development deals.

Trump was associated with Tevfik Arif, formerly a Soviet commerce official and founder of a development company called the Bayrock Group, of which Sater was also a partner. Bayrock searched for deals in Russia while Trump branded towers were attempting to further expand in the United States. Sater said, "We looked at some very, very large properties in Russia," on the scale of "...a large Vegas high-rise." In 2007, Bayrock organized a potential deal in Moscow between Trump International Hotel and Russian investors.

During 2006–2008, Trump's company applied for a number of trademarks in Russia with the goal of real estate developments. These trademark applications include: Trump, Trump Tower, Trump International Hotel and Tower, and Trump Home. In 2008, he said as a speaker at a Manhattan real estate conference that he feared the outcome of doing business deals in Russia, but he really prefers "Moscow over all cities in the world" and that within 18 months he had been in Russia a half-dozen times.

In 2007, Trump announces that Trump Vodka will expand its distribution into Russia, his first foray into the Russian market. Trump "Super Premium" Vodka, bottles glazed with 24-karat gold, debuted in 2007 at the Millionaire's Fair in Moscow. It was successful only until sometime in 2009. Trump attempted to create a reality show in St. Petersburg, starring a Russian athlete. However, this was not successful.

In a 2015 interview, Trump said that his repeated attempts to launch business deals with Russians resulted in contacts with "…the top-level people, both oligarchs and generals, and top of the government people. I can't go further than that, but I will tell you that I met the top people, and the relationship was extraordinary."

Efforts to build Trump Tower Moscow continued through June 2016, while Trump was securing his place as the Republican presidential nominee. However, Trump's personal lawyer Michael Cohen in 2017 told Congress that these efforts ended in January 2016, and as a result, Cohen pleaded guilty to lying to Congress in 2018.

On July 9, 2019, Sater acknowledged before the House Intelligence Committee that one real estate project between Russia and Trump was falsely presented as a joint defense agreement, but withheld documents concerning direct details and phone records. Following his testimony, Committee chair Patrick Boland announced "Our investigation thus far has revealed that Sater was not a part of any joint defense agreement, and has no basis to assert this privilege over these documents.”

Trump's responses

On January 10, 2017, BuzzFeed News published the Trump-Russia dossier (also called the Steele dossier), a series of reports prepared by a private intelligence source in Great Britain. The unverified dossier alleged various connections and collusion between Trump associates and Russia before and during the 2016 presidential election. The next day, January 11, Trump tweeted, "Russia has never tried to use leverage over me. I HAVE NOTHING TO DO WITH RUSSIA - NO DEALS, NO LOANS, NO NOTHING!" USA Today evaluated that assertion as "not exactly true". At a February 16, 2017 press conference, Trump said, "And I can tell you, speaking for myself, I own nothing in Russia. I have no loans in Russia. I don't have any deals in Russia."

On May 9, White House Press Secretary Sean Spicer said, "He [Trump] has no business in Russia. He has no connections to Russia."

On May 9, 2017, Trump's tax law firm, Morgan, Lewis & Bockius, sent a letter to the Senate Judiciary Committee, which said a review of Trump's tax returns for the past 10 years did not find income from Russian sources during that period, save for "a few exceptions". The exceptions were the 2008 sale of a Trump-owned 6.26-acre estate in Palm Beach, Florida, for $95 million to Russian billionaire Dmitry Rybolovlev, who tore down the 62,000-square-foot mansion shortly after and sold 2.72 acres of the site for $34 million, as well as $12.2 million in payments in connection with holding the Miss Universe pageant in Moscow in 2013, plus a number[quantify] of "immaterial" deals. No independently verifiable evidence was provided, such as tax returns, and it has been noted that even disclosure of tax returns would not necessarily disclose Russian-source income. The letter also said Trump had received undisclosed payments over 10 years from Russians for hotel rooms, rounds of golf, or Trump-licensed products such as wine, ties, or mattresses, which would not have been identified as coming from Russian sources in the tax returns. The letter was a response to earlier requests from Senator Lindsey Graham asking whether there were any such ties.

On November 30, 2018, a day after Trump's personal lawyer Michael Cohen pleaded guilty to lying to Congress about Trump's business projects in Russia, Trump tweeted that it was "very legal & very cool" that he did "run for President & continue to run my business". Trump continued: "Lightly looked at doing a building somewhere in Russia. Put up zero money, zero guarantees and didn’t do the project."


https://en.wikipedia.org/wiki/Business_projects_of_Donald_Trump_in_Russia
0 Replies
 
Real Music
 
  2  
Reply Wed 11 Oct, 2023 11:18 pm
How The Republican Party Has Evolved On Russia.

A decade ago, the orthodox position for Republicans was that Russia is a malignant actor on the world stage and that attempts to "reset" our relationship with Putin were misguided. But something changed just a few years later.

Published Feb 25, 2022

0 Replies
 
Real Music
 
  2  
Reply Thu 12 Oct, 2023 02:36 am
New facts on Russia influence on Republican Party Platform

Rachel Maddow looks at new information on ties between the Trump campaign and Russia and its influence
on the Republican Party platform at the national convention, adding credibility to another piece of the
unverified Trump dossier.


Published March 8, 2017


0 Replies
 
Real Music
 
  2  
Reply Thu 12 Oct, 2023 02:51 am
1. It appears that MAGA Republicans transformed themselves into the Putin Republican Party
because that is what Trump ordered them to do.


2. It appears that MAGA Republicans essentially are giving Ukraine the middle finger
because that is what Trump ordered them to do.
0 Replies
 
Real Music
 
  2  
Reply Fri 16 Feb, 2024 10:05 pm
‘American Idiot’: Joy rips Trump and Tucker Carlson's (Putin) support amid Navalny death.

Russian opposition leader Alexei Navalny, who survived a poisoning he attributed to Russian President Vladimir Putin, has died in a Russian prison. Joy Reid honors this Russian patriot and condemns Donald Trump and the Republicans who apparently support Putin.


Published February 16, 2024


0 Replies
 
Real Music
 
  2  
Reply Mon 18 Mar, 2024 10:41 pm
Putin flexes expansionist muscles as GOP stalling starves Ukraine of military aid.

Rachel Maddow looks at countries around Ukraine where Russia is indicating it may try to expand its borders - a possibility made more likely by Russia's increased chance of success in Ukraine thanks to inaction by House Republicans on sustaining Ukraine's military aid.


Published March 18, 2024


0 Replies
 
Real Music
 
  2  
Reply Mon 8 Apr, 2024 08:01 pm
Top (Republican) Congressional Leaders admit Russian propaganda has infected their party's voters.

Isaac Arnsdorf, National Political Reporter for The Washington Post and Ben Rhodes, former Deputy National Security Advisor for President Obama join Nicolle Wallace on Deadline White House with reaction to some of the (top Republicans) in Congress when it comes to National Security admitting that much of their party has been swallowed up by Russian propaganda.


Published April 8, 2024


glitterbag
 
  2  
Reply Mon 8 Apr, 2024 11:51 pm
@Real Music,
Donald Trump has an amazingly huge appetite for greed, his greed will never be satisfied. He has a bottomless need to own everything, he cannot exist without every eyeball in the country turned toward his marvelousness. In other words, he will never be satisfied EVER. And the worst thing is the semi-literate pain-in-the ass blowhard never shuts up.....he loves the sound of his own voice, so he never stops talking, talking, talking, talking but never really says anything you want your own mother to hear.
roger
 
  2  
Reply Tue 9 Apr, 2024 12:26 am
@glitterbag,
Yeah, there is that.
0 Replies
 
Real Music
 
  2  
Reply Thu 11 Apr, 2024 11:42 pm
'I can't believe my ears': Garry Kasparov on GOP lawmakers repeating Russian propaganda.

Garry Kasparov of the Renew Democracy Initiative discusses Republican lawmakers parroting
Russian propaganda in Congress.


Published April 11, 2024

0 Replies
 
 

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