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Trump's Drawing Sold for $16,000

Trump's Drawing Sold for $16,000

Thursday, 26 October, 2017 - 04:45

It is not the first time that a Trump doodle gets sold for $16,000. A 2005 sketch of the New York skyline, with Trump Tower at the center, was sold for more than $29,000 back in July.


The latest drawing was sold last week at Julien’s Auctions in Los Angeles to another prominent New York developer, Elie Hirschfeld, the auction house said, according to Reuters.


The image, which carries Trump’s signature, dates to 1995 when Trump owned a stake in the iconic 102-story Empire State in midtown Manhattan. Trump accused the occupants of allowing rats to infest the skyscraper and unsuccessfully sued them in an attempt to try to force them out. He eventually sold his interest in the building in 2002.


Trump sketched the skyscraper at his Mar-a-Lago estate in Florida for a charity auction, where it got sold for less than $100. The original buyer, whom the auction house did not identify, has kept the drawing until now.


Hirschfeld, whose company owns more than 1 million square feet of commercial space and more than 1,000 residential units, also recently bought Andy Warhol’s 1981 pencil drawing of Trump Tower.


Hirschfeld said in a statement: “The Warhol and Trump pieces are unique and iconic depictions of New York City that will make perfect additions to the Hirschfeld Art collection,”


Hirschfeld and Trump partnered on various development projects in the past, including the large residential towers known as Trump Place along the Hudson River on Manhattan’s west side.


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