What Fred Trump taught his son, Donald, about real estate

 

[The following is based on a true story]

[Flashback: Winter 1963. The Wilshire Apartments, Queens New York. The apartment building’s owner, Fred Trump, is meeting with his rental agent, Stanley Leibowitz. Accompanying them is Fred’s 17-year old son, Donald.]

FT: So how are we doing on rentals, Stan?

SL:  Pretty good, Mr. Trump. We’re up to 87 percent. We just had another application this morning.

FT: Oh, really? From who?

SL: A nice lady. A Miss Brown.

FT: Brown?

SL: Yes, sir. That’s her name.

FT: Is she a colored?

SL: Yes, she is, Mr. Trump. But very well-behaved. Good credit, pays her bills, has a good job as a secretary.

FT: Stan, I want you to take that application, put it in your desk drawer, and forget you ever saw it.

SL: You sure, Mr. Trump?

FT: Look, Stan, I can’t be having these coloreds in my buildings. You know what happens? Property values go down. Whites look elsewhere. Stan, I’m trying to get this Coney Island deal approved—23 stories, Trump Village—and if people hear that Trump properties are turning into slums, it’ll be a huuuge problem. So lose that application, Stan.

[Later, Fred is with Donald having lunch in a Queens deli.]

DT: Pops, what was up with that application—you know, the one you told Stan to lose?

FT: Listen up, son. If you’re gonna learn the ropes in this real estate business, you gotta know shit from shinola. It ain’t a racial thing, Donny, it’s just common sense.

DT: How’s that, pops?

FT: Look, when these blacks move into a neighborhood, things start to go downhill. Look at Harlem! Remember what I was telling you when we drove up to 125th Street that time?

DT: To look at that row of apartments?

FT: Yeah. You saw the filth, the garbage, the junkies, the whores, the pickaninnies running around like little animals. You want that in the Wilshire Apartments?

DT: No, pops.

FT: You want that in Trump Village?

DT: No, pops.

FT: Of course you don’t. You wouldn’t be my son if you did! So you gotta be tough, Donny. Can’t let ‘em in. Have to draw the line. Only thing is, you gotta be—how can I say it?—discrete. You don’t want one of these colored papers, like the Amsterdam News, saying you discriminate. Then some son-of-a-bitch Negro congressman like Adam Clayton Powell comes down on your ass and complains to the Justice Department that you’re a bigot.

DT: How do you avoid that, pops?

FT: I’ll tell ya, son. Listen up. You deny, deny, deny, you lie, lie, lie, and you insult your accusers. And if worse comes to worst, you sue. They got their lawyers; we got ours. It’s a pissing match, Donny, and we can piss longer and harder than the government can.

DT: Gee, dad, that’s smart.

FT: [smiles]

DT: I mean, really smart.

FT: Did you learn something today, son?

DT: I sure did, pops. I learned that the blacks are bad for business. I learned how to keep them out of our buildings.

FT: What else, son?

DT: [thinks] And I learned how to win.

FT: You sure did, son! And don’t you forget it!

[Fast forward to today. Donald Trump is in Trump Tower with his own sons, Eric and Donald, Jr.]

DT: And that was the first real estate lesson your Grandpa Fred ever taught me, boys. And I’m passing it along to you.

ET and DTJr., together: Gee, dad. Wish Grandpa hadn’t died so young. He sounds like he was a hella smart guy.

DT: [wistfully] He was, boys. He was. Taught me everything I know.

Fred and Donald, Trump Village

St. Nick’s Holiday Open House: Win With Wine Lotto!

Were you too busy on Cyber Monday to remember your tickets? Now is your chance to take advantage of our Open House Weekend…Sip & Stay!

Make it a safe and relaxing weekend with our hotel partner Explore Bothell..stay just 2 miles from where you sip...click here for details!

St. Nick’s Holiday Open House
Wine Tasting Weekend

Saturday and Sunday is our Saint Nick’s Open House, when 20+ wineries throughout Woodinville invite you into their tasting rooms to enjoy their wines and drink in the spirit of the season.

Date: Saturday & Sunday, Dec 3 & 4, 2016
Time: 1pm – 5pm (check-in begins at 12:30pm)
Where: Woodinville Wine Country – check out the website for up to date winery info!
Check-in: Woodinville Visitor Center 14700 148th AVE NE (two buildings down from The Hollywood Schoolhouse) | check-in begins at 12:30pm
Price: $50 Saturday and Sunday  |  $40 One Day only

Purchase Tickets Here!

St. Nick’s Wine Lotto

What would the holidays be without some great big stocking stuffers? This year’s St Nick’s Wine Weekend gives wine lovers the chance to win one of three wine country prize packages with every wine purchase they make.

Throughout St Nick’s Open House Weekend, you’ll receive one entry ticket for every winery transaction you make. Our four winners will be chosen at random on Monday, Dec 5th and announced on WoodinvilleWineCountry.com.

Prizes include:

First Prize – A one-night stay for two at Willows Lodge (Jan – Apr), including a $100 Willows gift card. (Value $400-500)

Second Prize – A one-night stay at the new Hampton Inn & Suites Woodinville, including a $100 Purple gift card. (Value $300)

Third Prize – (2 winners) Two passports to Woodinville Wine Country. (Value $150)

Woodinville Wine Country kicks off the holidays by opening our doors for three days of tasting and festivities.