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Trump Organization in buyout deal on struggling NYC tower: report

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The Trump Organization has reached a deal that lets it walk away from a 46-story New York skyscraper with a hotel and condominiums that has had trouble attracting business, the New York Times reported on Wednesday.

The decision to reach a buyout deal on the Trump SoHo property was made by Eric and Donald Trump, Jr., sons of President Donald Trump, along with a small group of senior executives, the newspaper reported, citing company officials.

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The Trump Organization did not respond to a request to comment. Terms of the deal were not disclosed.

The property opened about 11 years ago and was promoted on the reality show “The Apprentice,” which featured Donald Trump.

In 2010, Trump and the promoters of his Trump SoHo hotel-condominiums were sued by buyers who accused them of fraudulently touting out-sized sales figures to inflate the project’s financial health.

He and his co-defendants settled the case in November 2011, agreeing to refund 90 percent of $3.16 million in deposits, while admitting no wrongdoing, the newspaper said.

Under the exit deal, the Trump Organization will end its contract with the building’s owner, the CIM Group, an investment firm in California that focuses primarily on real estate, the newspaper reported.

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CIM did not immediately respond to a request for comment.

(Reporting by Jon Herskovitz; Editing by Andrew Hay)

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Giuliani associates’ company promised to build a bizarre temple over Jersusalem

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The Wall Street Journal has uncovered new details about the strange work done by Fraud Guarantee, the company founded by Lev Parnas, the indicted henchman of Trump attorney Rudy Giuliani.

Specifically, the Journal was given information from an investor who says he plugged $250,000 into Fraud Guarantee after Parnas told him that he could use his connections with President Donald Trump to help promote his initiative to create peace in the Middle East.

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Devin Nunes’ hometown newspaper fact checks his claims that the IG report ‘vindicated’ him

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In the wake of the release of the Inspector General's report on the origins of the FBI's investigation into the Trump campaign, Rep. Devin Nunes (R-CA) claimed that its findings vindicated his so-called Nunes Memo that was released in the midst of Robert Mueller's investigation, where he alleged that the FBI illegally obtained a Foreign Intelligence Surveillance Act (FISA) warrant to surveil Trump campaign adviser Carter Page.

Nunes has also made claims of a politically biased "Deep State" plot against Trump within the intelligence community. But as Nunes' hometown newspaper The Fresno Bee points out, the IG's report does not back up that contention, and it cites the report's own words, which state that there was no "documentary or testimonial evidence that political bias or improper motivation influenced the FBI’s decision to seek FISA authority on Carter Page."

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2020 Election

Liberal PACs gear up for major ad blitz to flip GOP-controlled legislatures in states where Trump is vulnerable

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According to a report from Politico, two left-leaning PAC's are working in concert to flip GOP-majority legislatures in reliably conservative or too- close-to-call states.

With Donald Trump expected to be at the top of the Republican ticket, "Arena and Future Now Fund, are planning to spend $7 million to try to flip GOP-controlled state legislatures in Florida, Arizona, Michigan and North Carolina," the report states.

According to Daniel Squadron, co-founder of the Future Now Fund, "If you look at where the important states are, the places most people are watching are the Electoral College to secure the White House. But the truth is that when you talk about the impact of 2020, electoral control of the state legislatures is critical.”

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