Donald Trump testifies in Chicago condo trial - New York News

Donald Trump testifies in Chicago condo trial

Posted: Updated:
CHICAGO (FOX 32 News) -

Donald Trump has finished his testimony for the day at a federal civil trial in Chicago but will be back on the stand Wednesday.

Trump left court with kind words for the city that hosts what he called "the most spectacular building" that he's built, but it was the twists and turns connected to the sale of two hotel condo units in the Trump Tower that made Trump himself a defendant in a lawsuit.

Jacqueline Goldberg claims after she put down her $500,000 deposit, Trump changed the terms of the deal, backing off plans to let buyers share in the revenue generated from ballroom and meeting room rentals.

Those rentals were projected to generate $5 million a year.

"My clients will be vindicated and that allegation of bait and switch will be defeated," Trump's attorney Stephen Novack said.

Trump's attorneys suggested Goldberg simply regretted making the deal, and that she didn't read the fine print of the contract which allowed the developer to change the terms at any time.

"This has nothing to do with buyer's remorse," Goldberg's attorney Shelly Kulwin says. "Ms. Goldberg is a woman of means, she didn't have to worry about that. This is about giving you a deal and saying what the deal is and then fraudulently breaching it.

On the witness stand, while talking about the project, Trump said he builds great buildings adding "I don't want to be braggadocious."

He also talked about from an investment standpoint, it would be dangerous to let owners make decision about who manages the ballroom, because a poor manager could be very bad for business, adding "I certainly wouldn't want Burger King running the ballroom."

During his 50 minutes of testimony Trump managed to keep his cool, despite some intense questioning.

"He's come here to do a couple of things, to tell the truth, to tell his side of the story," says Novack.

Trump will be back on the witness stand Wednesday for testimony that is expected to take the entire morning. The questioning could get even more aggressive as Goldberg's attorney gets into the heart of the matter.

Follow Us!

Share Your Photos & Video

  • Local NewsLocal NewsMore>>

  • Suspect, rookie officer both wounded in gunfire

    Suspect, rookie officer both wounded in gunfire

    Sunday, August 31 2014 10:11 PM EDT2014-09-01 02:11:38 GMT
    Authorities say an early morning gunfire exchange on a Brooklyn street has left the suspect hospitalized and a police officer with a graze wound.
    Authorities say an early morning gunfire exchange on a Brooklyn street has left the suspect hospitalized and a police officer with a graze wound.
  • New MTA bus routes take effect

    New MTA bus routes take effect

    Sunday, August 31 2014 9:51 PM EDT2014-09-01 01:51:36 GMT
    MTAMTA
    The MTA has new bus routes throughout the 5 boroughs. 
    The MTA has new bus routes throughout the 5 boroughs. 
  • 3 hurt in lightning strike as storms batter NYC area

    3 hurt in lightning strike as storms batter NYC area

    Sunday, August 31 2014 9:47 PM EDT2014-09-01 01:47:41 GMT
    Heavy thunderstorms swept through the tri-state on Sunday causing flash floods and lightning strikes that injured 3 people. The three men were struck at Orchard Beach in the Bronx Sunday afternoon and were being treated at a local hospital. Meanwhile, various Labor Day weekend celebrations were interrupted, delayed and even canceled as the U.S. Open tennis tournament had to be postponed and the Electric Zoo musical festival on Randall's Island had to be prematurely shut down.
    Heavy thunderstorms swept through the tri-state on Sunday causing flash floods and lightning strikes that injured 3 people. The three men were struck at Orchard Beach in the Bronx Sunday afternoon and were being treated at a local hospital. Meanwhile, various Labor Day weekend celebrations were interrupted, delayed and even canceled as the U.S. Open tennis tournament had to be postponed and the Electric Zoo musical festival on Randall's Island had to be prematurely shut down.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices