People gather outside the 5th Avenue entrance to Trump Tower in New York City, U.S., April 10, 2018. REUTERS/Brendan McDermid
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For Todd Brassner, an art dealer who died in a fire that ripped through his Trump Tower apartment last weekend, the New York high-rise he lived in for two decades became unbearable after Donald Trump announced he was running for president.By comparison, prices at Olympic Tower, a 1975 Midtown building likened to Trump Tower that is a few blocks south on Fifth Avenue, dropped 21 percent since 2015 .Brassner complained of waiting for hours to get into the building when Trump was in town.The Trump Organization, which manages Trump Tower condos, said the building remains one of the most prestigious properties in the world.Not all Trump-branded properties in New York face headwinds.Maitland is advising her Trump Tower client to sit tight until prices improve and enjoy the condo when in town for fashion shows.
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