The Trump Organization is considering selling its luxury hotel in Washington, D.C., after years of scrutiny of alleged conflicts of interest and breaches of the Constitution since Donald Trump ascended to the White House.
“Since we opened our doors, we have received tremendous interest in this hotel and as real estate developers, we are always willing to explore our options,” Eric Trump, executive vice president of The Trump Organization told POLITICO in a statement.
“We look forward to working with Jones Lang LaSalle and simply could not be more proud of what we have accomplished as an organization,” he continued, referring to the American real estate firm JLL headquartered in Chicago.
The Trump International Hotel Washington, which occupies a 120-year-old Romanesque structure formerly known as the Old Post Office Building, is one block from the National Mall and has served as an opulent rendezvous point for Republican politicos, administration officials and other allies of the White House.
But the hotel’s influential guests and the president’s refusal to divest himself from his business properties has opened Trump up to accusations that he has broken federal law through his business — including violating the Constitution’s emoluments, or anticorruption, clauses.
Eric Trump acknowledged such criticism was a factor in The Trump Organization’s new openness to selling the hotel, telling POLITICO: “People are objecting to us making so much money on the hotel, and therefore we may be willing to sell.”
The news of the potential sale, first reported by The Wall Street Journal, comes after the White House reversed its decision to host next year’s G-7 summit of world leaders at the financially struggling Trump National Doral Miami after widespread backlash.
The president has also battled skepticism regarding Vice President Mike Pence’s controversial stay in September at Trump’s property in Doonbeg, Ireland, as well as U.S. military expenditures at Trump’s Turnberry resort outside Glasgow, Scotland.
Article originally published on POLITICO Magazine