During Trump's tenure, the Plaza Hotel became a hotspot for celebrities, business moguls, and royalty. It was the place to be seen, and Trump was the maestro conducting the chaos. He even went as far as to install a gold-plated ceiling in the lobby - because, why not? It's not like he was trying to make a statement or anything.
The Plaza Hotel was Trump's baby, and he treated it like a prized possession. He would often hold court in the hotel's lobby, surrounded by his admirers and yes-men. It was a circus, and Trump was the ringmaster. But, as we all know, all good things must come to an end.
Fast forward to 1992, and Trump's empire began to crumble. The Plaza Hotel was facing financial difficulties, and Trump was struggling to keep up with the payments. It was a perfect storm of bad luck, poor management, and a dash of hubris. In the end, Trump was forced to sell the hotel to a group of investors, including Prince Alwaleed bin Talal of Saudi Arabia.
Does Donald Trump Still Own the Plaza Hotel in New York? - Newsweek
