News

Trump Tower Moscow Deal Developed By Felix Sater Included Giving $50 Million Penthouse To Vladimir Putin

The proposed Trump Tower real estate deal in Moscow included an idea to give Russian President Vladimir Putin a penthouse, it was reported Thursday.

According to CNN, Russian-born American real estate developer Felix Sater — who is based in New York City — revealed this idea, as he was collaborating on the project with President Donald Trump‘s then-personal lawyer Michael Cohen. Sater was formerly one of Trump’s business associates. 

On Thursday, Cohen pleaded guilty in Manhattan to lying to Congress about the Trump Tower deal, and the president responded by calling his former fixer “weak.” Cohen’s latest plea deal marks another victory for special counsel Robert Muellerwho is investigating Russian interference in the 2016 election, including potential collusion between Trump associates and the Kremlin.

Sater reportedly called the idea of the Putin penthouse a “marketing ploy,” since the goal of this project, he said, was to attract more potential buyers of the Trump Tower building in Moscow by allowing Russia’s president to have a home there.

Subscribe to our free weekly newsletter!

A week of political news in your in-box.
We find the news you need to know, so you don't have to.

SLIDESHOW: DONALD TRUMP’S 30 CRAZIEST TWEETS

The penthouse was set to be valued at $50 million. There is no explicit indication as to whether Trump was made aware of the concept of the penthouse.

Former New York City mayor Rudy Giulianione of Trump’s attorneys, denied the president had any involvement in the deal.

“The story is a story. The President never heard of this and the concept never got anywhere beyond an unfunded letter of intent and never even a proposal or draft contract,” Giuliani told CNN.

Cohen had initially claimed discussions on the Trump Tower deal had concluded in January 2016. However, on Thursday it was announced he and Sater had been talking about the project later in the election cycle. Cohen also reportedly talked about the concept of the Putin penthouse with a representative of the Russian leader’s press secretary, BuzzFeed reported.

Pablo Mena

Writer for upolitics.com. NY Giants and Rangers fan. Film and TV enthusiast (especially Harry Potter and The Office) and lover of foreign languages and cultures.

Recent Posts

After Biden Commutes Sentences Of 1,500 People, GOP Critics Call It A Ploy To Deflect From Pardon Of Son Hunter

Last week, President Joe Biden announced that he would pardon 39 people and commute the prison sentences…

1 day ago

GOP Rep. Chip Roy Rants Against His Own Party For Backing Debt-Raising Bill, Trump Calls For A Primary Opponent Against Him

Rep. Chip Roy (R-Texas) condemned his fellow Republican lawmakers during a rant on the House floor after…

2 days ago

VIDEO: Rep Mike Waltz Does 44 Pushups After Army’s 31-13 Loss Against Navy in Annual Football Match

https://www.youtube.com/shorts/_kYWlyzuiMk Rep. Mike Waltz did 44 pushups to honor a bet after the Army football…

3 days ago

‘President’ Elon Musk Slammed By Democrats After He Tanks Bipartisan Spending Bill To Avert Shutdown

In a series of X posts on Wednesday, the platform's CEO Elon Musk criticized a bipartisan spending…

3 days ago

Biden Doubts His Legacy As He Hands Over Power To The Man He Called ‘A Threat To Democracy’

"You can't love your country only when you win." President Joe Biden has repeated this phrase to…

4 days ago

Top Democrat On House Ethics Committee, Rep. Susan Wild, Misses Meeting After Report On Matt Gaetz Leaks

Rep. Susan Wild (D-Pennsylvania), the top Democrat on the House Ethics Committee, missed a committee meeting after…

5 days ago