Trump To Expand His Campaign Staff, Jacks Up Rent On HQ

GOP presidential nominee Donald Trump is ramping up his staff count and expanding his campaign HQ with two full floors at Trump Tower, but some are raising questions on The Donald’s logistics and financing.

In July, Trump had 172 employees and consultants on payroll—a fraction of the 705 his opponent, Hillary Clinton, has—but his campaign claims that it's working on “major growth” as Election Day approaches, the Washington Post reports.

What’s causing some controversy, is that the campaign’s rent jumped to $170k last month, a steep increase from June’s $111k and May’s $73k. In March, despite having more employees and consultants on payroll, Trump’s campaign only paid $35k for rent and prided itself on its frugal operations.

In addition, the campaign has paid more than $7.7M to Trump companies or family members to cover expenses. The most recent payday was last month, when several Trump-owned companies were reimbursed $773k. Among these was TAG Air, which received $495k and owns Trump's private planes—including his personal Boeing 757, which burns $10k in fuel every hour.

Some have questioned whether Trump is raising rents because the bulk of his campaign funding now comes from outside donors, but aides were quick to point out that the real estate mogul contributed $2M of his own funds to the campaign in July.

Overall, The Donald has donated or loaned more than $52M of his own cash to his presidential bid. [WaPo]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

How Long Island Projects Can Cut Through Red Tape And Community Opposition To Cross The Finish Line

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Clarion Under Contract To Sell 18-Story Seaport Office Tower

Oil Company Expands Again At Cash Register Building

Slate, Hudson Cos. Picked To Develop Massive Queens Housing Project

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

D.C. Sues To Block HUD Headquarters Move To Virginia

Ken Griffin Completes Takeover Of Brickell Block, Setting Stage For $2.5B Megaproject