![]() After Trump's 2016 presidential campaign and subsequent election, the tower saw large increases in visitation, though security concerns required the area around the tower to be patrolled for several years. At first, there were few tenants willing to move into the commercial and retail spaces the residential units were sold out within months of opening. The atrium, apartments, offices, and stores opened on a staggered schedule from February to November 1983. There were controversies during construction, including the destruction of historically important sculptures from the Bonwit Teller store Trump's alleged underpaying of contractors and a lawsuit that Trump filed because the tower was not tax-exempt.Ĭonstruction on the building began in 1979. Trump was permitted to add more stories to the tower in return for additional retail space and for providing privately owned public space on the ground floor, the lower level, and two outdoor terraces. Although it is in one of Midtown Manhattan's special zoning districts, the tower was approved because it was to be built as a mixed-use development. The tower stands on a plot where the flagship store of department-store chain Bonwit Teller was formerly located.ĭer Scutt of Swanke Hayden Connell Architects designed Trump Tower, and Trump and the Equitable Life Assurance Company (now the AXA Equitable Life Insurance Company) developed it. Several members of the Trump family also live, or have resided, in the building. The building contains the headquarters for the Trump Organization, as well as the penthouse condominium residence of its developer, businessman and former U.S. Trump Tower is a 58-story, 664-foot-tall (202 m) mixed-use skyscraper at 721–725 Fifth Avenue in the Midtown Manhattan neighborhood of New York City, between East 56th and 57th Streets.
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