President Donald Trump’s toxic brand is destroying property values in Trump Tower, MSNBC’s Chris Hayes reported on Thursday.
“The Manhattan real estate market is one of the most expensive in the world, and despite a recent slowdown, it’s still a profitable investment for the vast majority of people who can afford it,” Hayes reported.
He explained that less than one-quarter of one percent of homes in Manhattan sold at a loss over the last two years.
Hayes noted that in Trump Tower, several units have sold for more than a twenty percent loss over the last two years.
“Now, anyone who looked for an apartment in New York knows about the website StreetEasy, we did browsing for hot deals on current listings in Trump Tower and I’m telling you, it’s a fire sale in there,” Hayes reported.
For example, Unit 30-G was listed for $6.9 million during the second month of Trump’s presidency. It just entered contract for $3.5 million.
“Ouch,” Hayes noted.
One unit was listed for $18 million during Trump’s campaign and is now been cut to $8,995,000 — a decrease of more than fifty percent.
“It’s a blood bath happening in the middle of one of the world’s strongest real estate markets,” he noted. “All seemingly due to the five letters on the front of the building.”
‘Martyrdom for snowflakes’: CNN analyst knocks Republicans who desperately wanted to be arrested at protest
CNN host Don Lemon reported Wednesday evening that many Republicans wanted to be arrested for storming the secure room where the House Intelligence Committee depositions were taking place.
Fox News reporter Chad Pergram tweeted that he was told "there was never any chance [members] who barged into SCIF would be arrested by [capital police], but some members asked to be arrested. They wanted the optic of being frog-marched out of the SCIF in front of TV cameras. That would help w/GOP narrative of Dem process abuse."
Commentator Wajahat Ali called it the perfect example of "martyrdom for snowflakes."
Seth Meyers says Republicans storming classified room looked like a protest at a pharmacy that ran out of Viagra
"Late Night" comedian Seth Meyers couldn't help but lambast the far-right Republicans angry that they're not being included in the depositions ahead of the impeachment hearings.
Wednesday, Republicans stormed a secure room known as a SCIF (Sensitive Compartmented Information Facility), because they seemed to misunderstand the difference between a deposition and a hearing. In Congressional hearings, witnesses will be presented for members of the committee to question. In a classified deposition, the witness can give information that is considered classified for security reasons. Oddly, some members who are allowed in the room were also protesting.
WATCH: CNN’s Don Lemon bursts out laughing over Trump’s new wall in Colorado
CNN's Don Lemon typically deals with difficult and intense topics at the top of his weekly show. Wednesday night, however, after a serious opener about Syria and ISIS, Lemon broke into hysterics over President Donald Trump's flub saying he would build a border wall on Colorado's border.
"You know why we're going to win New Mexico? Because they want safety on our border. And they didn't have it," said Trump. "And we're building a wall on the border of New Mexico. And we're building a wall in Colorado. We're building a beautiful wall, a big one that really works — you can't get over, you can't get under. And we're building a wall in Texas. And we're not building a wall in Kansas, but they get the benefit of the walls that we just mentioned. And Louisiana's incredible."