Word: lago
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Dates: during 1990-1999
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...else but Donald Trump could come up with a way to attract attention in Palm Beach, Fla., in the midst of the Kennedy rape scandal? The downsized duke of debt wants to subdivide Mar-a-Lago, the historic oceanside estate he bought in 1985. Trump plans to slice the property into nine parcels that could bring him a total of $30 million. But some locals oppose the plan, prompting the town's landmarks commission to postpone for a month its decision on Trump's application. He has warned that if the board turns him down, he will sell the mansion...
...half- interest in the Hyatt and his 27% interest in the Alexander's store chain, he will retain the Manhattan trophies he values most: the Plaza Hotel, Fifth Avenue's Trump Tower and a valuable tract of undeveloped Hudson River waterfront. He'll also keep his lavish Mar-a-Lago estate in Palm Beach, Fla., which features a 118-room mansion and a nine-hole golf course...
Much of the money covers the upkeep on his three Pharaonic homes. The annual maintenance for Trump's 45-room spread in Greenwich, Conn., comes to an estimated $400,000. His Mar-a-Lago estate in Palm Beach, Fla., costs about $1 million a year to run. His allowance will also have to cover $650,000 in annual support payments for his estranged wife Ivana and their three children. Exempted from the budget is Trump's fancy transportation, which is up for sale: his $30 million yacht, the 282-ft. Trump Princess (he says he wants $115 million...
...Reason: the rival Pan Am shuttle is up for sale as well. Because the Trump Shuttle has failed to dominate the market as he had hoped, Trump is unlikely to sell it at a profit. And real-estate agents in Palm Beach say Trump has been offering Mar-a-Lago, his 118-room Palm Beach estate, for an asking price of $30 million...