Page 111 - Soho News Today

♪ feels like im taking flight. ♪ [sfx: poof] [sfx: squeaking eraser sound effect.] ♪ i am who i wanna be ♪ ♪ who i wanna be ♪ who i wanna be. ♪ im a strong individual ♪ feeling that power ♪ im so original, ♪ ya sing it louder. ♪ i am, ooo ooo ooo ooo ♪ ehhh ehhh ehhh pre-order and get more. get up to $150 samsung credit, plus 6 months of unlimited music with spotify premium. i was lucky enough to be invited to david mancusos legendary space in soho called the loft. i th...

I was lucky enough to be invited to david mancusos legendary space in soho called the loft. i thought that was one of the most utopian scenes i had ever encountered in music. >> mancuso is one of the guys who really took the art form of playing the records and how he curated the records. he might play isaac hayes record, he might play a salsa record. it wasnt so much about a style as it was an an aesthetic of dancing. >> there all types of people here. people who dance, people who hop up and dow...

Galland, and robert shafran are identical triplets. now they run a restaurant called, what else? you guessed it, triplets. >> welcome, hello and welcome. welcome. >> we had a lot of people coming for us. they came to see the triplets. they wanted to be waited on by one of the triplets. we served vodka frozen blocks of ice, and wed get the whole room up and dancing. >> it was like this big party. it was this big bar mitzvah. >> triplets become wildly successful, owning a restaurant in the soho di...

Ju millennium trump is a television star with "the apprentice" to promote him.ever the highes soho is the site of the latest development. >> thats downtown new york city. there was also northern mexico. >> escape to a plals close to home yaet world away. >> reporter: just 10 miles from the u.s. border five-star luxury to people who didnt think they could ever afford it. >> great fixtures, beautiful kitchen. kwl i thought thats amazing. lets do it. >> sandra stapel of suburban san diego was immed...

Had three-quarters of the units that had not been sold. sitting empty. >> the trump organization didnt respond to request for comment. from "the toronto star" or cnn. >> its a very special building. >> similar story in so ho. in 2008, ivanka said 60% of the units there had sold. court documents later show the real number was closer to 15%. >> there were e-mails. between the younger generation of trumps and ivanka and don jr. and the brokers. that acknowledge that they realize the building was no...

Allegations of deception. buyers felt the trumps duped them by exaggerating sales figures to close a deal. take toronto. >> the best way to make a sale is convince somebody theyre buying the last ticket. >> 2007 he said the building was 70% sold. in 2009 his daughter told cbs it was nearly full. >> we have projects all over the world that are successful and are sold out. so from hawaii to toronto. to istanbul. >> bankruptcy paper filed years later told a different story. >> years after it opened...

Were following breaking news on the new defiance of a subpoena from the presidents tax returns. cnn is conducting its own investigation into the trump family business including how the president managed the make money even in deals that fell apart or went bankrupt. take a look. >> reporter: the failure was among several trump buildings that failed in the early 2000s. two projects planned for florida also failed. the trump soho hotel went bankrupt. so did buildings in panama and toronto. >> most ...

>> everybody else lost. and trump earned $30 million to $50 million. how? a big part of the answer, licensing. >> the way it works is somebody else decides to build a building and trump will pay you a fee to put your name on it. >> the trump buildings in panama, toronto, soho and baja mexico all licensed properties. >> donald trump started licensing his name because it was easy money. here was an opportunity to sign your name and get paid up front. >> erin burnett is with me now. and so you ment...

Bankrupt. >> reporter: marco and robert partnered with columbias journalism school to investigate what happened at the trump building in toronto. >> every one lost money except for trump. >> reporter: its the bottom line again and again. he gained, others lost. take panama. >> how much did he make? >> he made probably between 30 million and 55 million even though its a project that went bankrupt, remember. >> reporter: everybody else lost and trump earned 30 to $50 million. how? a big part of th...

Are you aware of any videotapes that may be the subject of extortion or blackmail? >> ive heard about these tapes for a long time. ive had many people contact me over the years. i have no reason to believe that that tape exists. >> in december 2015, donald trump was asked about his relationship with felix saider, a convicted felon and real estate developer. he replied, felix saider, body, have to think about it. im not that familiar with him. why did trump endeavor to hide his relationship with ...