Jump to content

The Trump Group

From Wikipedia, the free encyclopedia

The Trump Group, based in Aventura, Florida, is a developer of luxury condominiums and investor in private companies; it is not related to the Trump Organization, owned by Donald Trump.[1] Its projects include Williams Island in Aventura, Estates at Acqualina, and Luxuria in Boca Raton.[2][3][4]

History

[edit]

The company was founded by Jules and Eddie Trump (who are not related to Donald Trump[5]), Jewish brothers who moved to the United States from South Africa in the 1970s. In 1980, the brothers began their first project, Williams Island in Aventura.[6][7][8]

Initially based in New York, the company purchased the Seattle-based Pay 'n Save drug store chain in 1984.[9] Shortly after its purchase of Pay 'n Save, after a magazine incorrectly ascribed the purchase to Donald Trump, the company was unsuccessfully sued by the Trump Organization over the use of the Trump name; however, The Trump Group's trademark was revoked in 1988.[10]

References

[edit]
  1. ^ "Florida Condo Developer Takes Out Miami Area's Biggest Construction Loan in Years". Bloomberg News. October 3, 2018.
  2. ^ Apgar, Sally (July 1, 2009). "The other Trumps". The Real Deal.
  3. ^ Sell, Mark (July 2016). "We Have Our Own Trumps, Thank You". Biscayne Times. Archived from the original on June 10, 2017. Retrieved January 16, 2022.
  4. ^ Kaplan Sommer, Allison (19 May 2017). "Meet the Jewish Trumps - Who Were Once Sued by Donald for Using His Name". Haaretz.
  5. ^ "The Trump Files: Donald Sued Other People Named Trump for Using Their Own Name". Mother Jones. Archived from the original on 2020-08-15. Retrieved 2018-07-09.
  6. ^ Nehamas, Nicholas (4 October 2015). "Jules Trump on Sunny Isles and the future of luxury in Miami". Miami Herald.
  7. ^ Scardino, Albert (February 7, 1988). "In Bjusiness, U.S. Says Donald is Trump". The New York Times. Retrieved January 16, 2022.
  8. ^ Barron, James (January 31, 2016). "How Donald Trump Tried to Protect His Name From Others Who Shared It". The New York Times. Retrieved January 16, 2022.
  9. ^ "Trump Group Lifts Pay'n Save Bid". The New York Times. 14 September 1984.
  10. ^ Elstein, Aaron (6 August 2015). "The notorious case of The Donald vs. Trump". Crain Communications.