Trump Organization planned to give $50 million penthouse to Putin amid Moscow deal
The Trump Organization planned to offer a $50 million penthouse suite to Russian President Vladimir Putin amid negotiations over a real estate deal to build a Trump Tower in Moscow, according to a report by BuzzFeed News.
The bombshell report includes Felix Sater, a longtime Donald Trump associate accused of having Russian mafia ties, telling BuzzFeed News that he and Michael Cohen, the president’s former attorney and fixer, thought giving the suite to Putin could help sell other apartments.
“In Russia, the oligarchs would bend over backwards to live in the same building as Vladimir Putin,” Sater told BuzzFeed News. “My idea was to give a $50 million penthouse to Putin and charge $250 million more for the rest of the units. All the oligarchs would line up to live in the same building as Putin.”
BuzzFeed notes other unnamed officials confirmed the existence of the plan and the officials said Cohen discussed the idea with a representative of Dmitry Peskov, Putin’s press secretary.
It’s unclear whether Trump was aware of the plan, which never came to fruition due to the Trump Tower deal in Russia falling through.
Sater, a Russian immigrant who spent a year in prison for a 1991 stabbing, told the news organization that Cohen, at the time, remarked that it was a “great idea.”
Cohen’s attorney, Lanny Davis, declined to comment on the report when reached by USA TODAY. Rudy Giuliani, a lawyer for President Trump, said the story was “unknown to the president.”
Giuliani added the project was “too premature for anything like that” and called the idea to give Putin a suite “crazy.”
The revelations come at a time where the president’s Trump Tower deal in Moscow has come under intense scrutiny by special counsel Robert Mueller, who is examining Russian interference in the 2016 election.
On Thursday, Cohen pleaded guilty in federal court in New York to lying to Congress about the plan to build a Trump Tower in Russia all in the hope of shielding Trump from criticism.
Court documents filed as part of Cohen’s plea deal detailed Trump’s business dealings in Russia lasted longer during his campaign than previously acknowledged.
Federal prosecutors said Cohen lied when he submitted an Aug. 28, 2017, letter to the Senate and House intelligence committees. The letter said the project had ended by January 2016, when planning continued months longer during the presidential campaign.
Prosecutors said that Cohen lied to the committees to “minimize links between the Moscow Project and (Trump) and give the false impression that the Moscow Project ended before the Iowa caucus and the very first primary in hopes of limiting the ongoing Russia investigations.”
Sater, who had a large role in developing the Trump SoHo Hotel in New York, is also under scrutiny in Mueller’s investigation.
He wrote an email to Cohen in 2015 bragging about his ties to Putin, according to the New York Times. “Our boy can be president of the USA and we can engineer it,” Sater wrote in one of the emails. “I will get all of Putin’s team to buy in on this.”
The Times noted that Cohen never replied to the emails and viewed them as “puffery.” Sater, who spent a year in prison for stabbing a man and later scouted for Trump investments in Russia, said he was simply expressing “enthusiasm” for the Trump Organization.
