Trump Tower Moscow
There have been numerous attempts at building a Trump Tower in Moscow, the most recent of which occurred during the election cycle. Trump has talked about building in Moscow since 1987; in his book “The Art of the Deal,” he wrote “about building a large luxury hotel across the street from the Kremlin in partnership with the Soviet government.” In 2005, Trump signed a one-year deal to explore building a Trump Tower in Moscow. Although the Bayrock Group found a site for the building, the effort ultimately failed. In 2013, Alex and Tamir Sapir reportedly actively pursued a deal to develop a Trump Tower Moscow, although these plans did not materialize. In October 2015, the Trump Organization signed a letter of intent agreeing to license Trump’s name for a tower in Moscow for $4 million. Felix Sater and Michael Cohen were both involved in this plan, and despite Cohen’s attempts to discuss the development with a Kremlin spokesperson, the deal ultimately falls through.