The Trump International Hotel and Tower Waikiki Beach Walk doesn’t allow open houses, so unless you decide to stay as a hotel guest, you’re not getting in to see the building’s ultra-swanky abodes. Trump’s debut in Waikiki has not been smooth sailing: The condo-hotel, which has 462 units, sold out in record time, but then, as the opening neared, the economy sank deeper into a recession and the buyer cancellations began. Rather than lose the large down payment, many owners chose to close on the properties, only to almost immediately put them back on the market. So, for a while it seemed that the MLS was awash in Trump listings. But things are looking up for Trump. In October, there were 41 units active in MLS, and seven units have sold in the last six months, with an average days-on-market of 54.
2010.11.04 03:32 PM