Keith Olbermann puts his Trump Palace condo on the market

The Real Deal, April 11, 2016

After a very public declaration that he was moving out of the Trump Palace last month, Keith Olbermann put his condominium unit on the market for $3.9 million.

The political commentator penned a scathing op-ed last month in the Washington Post about Donald Trump’s presidential run, calling the GOP front-runner a “PG-rated cartoon character” with “Oompa Loompa makeup” that had coarsened politics.

Olbermann paid $4.2 million for the three-bedroom unit, which is about 1,750 square feet, at 200 East 69th Street in 2007. The pad, which boasts three outdoor spaces, also comes with a 71-square-foot storage room in the basement.

Trump developed the 275-unit, 57-story tower on the Upper East Side, and the Trump Organization now manages it. 

Olbermann told the Wall Street Journal the unit was great, and if it wasn’t run by Trump, he would not be selling.

“If they had changed the name of it to something more positive like Ebola Palace I would have happily stayed,” Olbermann told the Journal.

Trump countered in an email to the Journal that Olbermann “is just trying to use ‘Trump’ to get publicity and stay relevant. The prices of Trump apartments are today, the highest they’ve been. When people find out he is leaving Trump Palace, prices will probably go up.”

Town Residential’s Ginger Shukrun and Wendy Jodel are listing the unit.

For this month’s issue, The Real Deal takes a look at Trump’s presidential campaign, real estate players share personal stories about him and a deep dive into the mogul’s NYC real estate litigation. [WSJ] 


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