"After posting a picture of himself shaking hands with Eric Trump in February, Altus Property Group's David Young wrote effusively about a Trump brand that he said was synonymous with luxury and quality, one that would help him build the tallest tower and the best resort in the country. The Trump Organization's executive vice-president and the US president's second son tweeted an image of a shimmering monolith emblazoned with his family name rising like a mirage above the towers of the glitter strip."
"But this week, the boasts and back slapping turned to finger pointing. Young, who has gone bankrupt on two previous occasions, took to LinkedIn and used all caps on Tuesday night to correct a headline that read Trump abandons plan for Gold Coast tower. DEVELOPER ABANDONS PLAN FOR A TRUMP BRAND TOWER, Young wrote."
"In the post, Young said that the US war in Iran had made the Trump brand toxic to Australians, something he described as grossly unfair on a brand that had nothing to do with the President. That link, he claimed, was driven by pure sensationalism. There is no acrimony between the Trump family and myself, why would there be after knowing them for 19 years when no one here then even knew who Donald Trump was, he wrote. It is pure business."
"But that dalliance has been dashed in less than three months, with the developer now claiming the Trump brand is now too toxic to work with and the Trump Organization responding that their local partner had provided only empty promise, after empty promise."
A handshake at Mar-a-Lago in February between a Gold Coast property developer and Eric Trump was followed by public claims that a Trump-branded tower and resort would be built on Australia’s Gold Coast. The developer posted praise for the Trump brand’s luxury and quality and described plans for the tallest building in Australia. Eric Trump also promoted the project with a visual of a Trump-branded monolith. Within three months, the developer said the Trump brand had become too toxic to work with, blaming the US war in Iran and linking it to Australian sentiment. The Trump Organization responded that the local partner provided repeated empty promises.
Read at www.theguardian.com
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