Getting His Foot In The Door
If there is a picture that shows Trump branching out of the business created by his dad and grandpa, this might be it. You can see him after he got the approval of the New York Board of Estimate to buy and refurbish the decrepit Commodore Hotel in Manhattan. It was what truly let him get his foot in the real estate business.
Getting His Foot In The Door
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Branching Out
It would not be fair to say that he ventured out by himself. He got a $70 million construction loan courtesy of the Hyatt Hotel chain and Fred Trump. While Trump says that he created his company from the ground up, a lot of it is still owed to the success of his father and grandfather.
Branching Out