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Trump Organization to exit NY SoHo hotel

Property's owner buys out management and licensing agreement with US president's family company

The Trump SoHo Hotel has struggled to attract guests, while condo sales have fallen short of expectations. Mr Trump's divisive rhetoric has hurt patronage of his hotels in politically liberal New York and elsewhere.

New York

US President Donald Trump's family company said its management and licensing agreement for the Trump SoHo Hotel was bought out by the New York property's owner, marking the second time this year the Trump name will be removed from a hotel-condominium tower.

CIM Group, a

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