Did Trump lower the minimum wage?

Written by Admin | Last Updated: July 2026

Yes, Donald Trump purchased the General Motors Building in Manhattan in 1998 in partnership with the insurance firm Conseco for $878 million. During his ownership, he rebranded the skyscraper as the "General Motors Building at Trump International Plaza" and oversaw renovations to the plaza, including the addition of fountains and new seating areas. He sold his interest in the property to Conseco in 2003, after which it was sold to Macklowe Properties for a record-breaking $1.4 billion.

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