New York City cuts ties with Trump — costing him $17 million
Mayor Bill de Blasio announced the city was canceling contracts with the Trump Organization.
New York City will terminate business contracts with Donald Trump after last week’s insurrection at the U.S. Capitol, Mayor Bill de Blasio announced Wednesday.
The Trump Organization is under city contract to operate the two ice rinks and a carousel in Central Park as well as a golf course in the Bronx.
The Trump Organization profits about $17 million a year from those sites, de Blasio said.
“I’m here to announce that the city of New York is severing all contracts with the Trump Organization,” de Blasio said.
An email seeking comment was sent Wednesday to the Trump Organization.
It is the latest example of how the Jan. 6 breach by violent Trump supporters is impacting the Republican president’s business interests.
The PGA of America voted Sunday to take the PGA Championship away from his New Jersey golf course next year, a move that came after social media platforms disabled Trump’s accounts and Shopify took down online stores affiliated with him.
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