New York City is trying to cancel all its contracts with the company of President Donald Trump, a development that could cost the outgoing president millions of dollars in reaction to his role in the U.S. rebellion last week. That Capitol.
In a statement, de Blasio said, “The President incited a rebellion against the United States government that killed five people and threatened to derail the constitutional transfer of power,”
“The City of New York will not be associated with those unforgivable acts in any shape, way or form, and we are immediately taking steps to terminate all Trump Organization contracts.”
“In view of last week’s attack on our Capitol and our democracy, we have decided that it is in the best interests of New Yorkers for the City to commence the process of having to cancel these contracts and terminating its financial connections with the Trump Organization,” James Johnson, corporate counsel, said in the Mayor’s Office statement.
The statement said the termination clauses of the contracts are very different. The termination of the carousel contract takes place after 25 days of written notice; 30 days of notice is required to terminate the ice rink contracts; the termination of the golf course contract is “and is meant to take a number of months.” and is expected to take a number of months.
There are three contracts to manage concessions in New York City for the Trump Company, made up of hundreds of companies owned by the president: the Central Park Carousel, the Wollman and Lasker skating rinks and the Ferry Point Golf Course. According to The Washington Post, the attractions earn the business $17 million a year.