The Trump Organization eyes deal to convert DC Waldorf-Astoria back into Trump International Hotel: report

The Trump Organization is eyeing a possible reclamation of the Old Post Office building that is leased as a Waldorf Astoria hotel in Washington, D.C.According to the New York Post, citing three sources familiar with the matter, the Trump Organization is exploring various possibilities, including a licensing arrangement or a purchase of the lease for the historic Old Post Office building.The building is 125 years old and government-owned."Our family has saved the hotel once. If asked, we would save it again," Eric Trump told the outlet.ERIC TRUMP REVEALS RENDERING OF TRUMP TOWER PROJECT IN SAUDI ARABIAAccording to the outlet, sources said President-elect Trump is considering hospitality investments in the D.C. region, though there has been no formal communication with Waldorf Astoria regarding a potential deal.TRUMP TO TURN D.C.'S OLD POST OFFICE INTO HOTELAccording to sources, the final decision about whether the incoming president's organization will seek to reclaim the property or pursue a licensing agreement remains pending.Trump sold the Washington, D.C., hotel's lease in May 2022 to a Miami-based investor fund.The Trump Organization won rights to fix the building and run it as a hotel in exchange for paying the annual rent and a cut of profit upon a sale.GET FOX BUSINESS ON THE GO BY CLICKING HEREThe incoming president's organization transformed the historic building into a 275-room luxury hotel.Fox News Digital has reached out to a Hilton Group for comment.Weiter zum vollständigen Artikel bei FOX Business Weiter zum vollständigen Artikel bei FOX Business