• Advertise
  • About
  • News
  • Contact
  • Advertise
  • About
  • News
  • Contact
Facebook-f Youtube X-twitter Instagram Tiktok
  • Home
  • News
  • SDG’s
  • Business
  • Entertainment
  • Sports
  • Editorial
  • Global
  • Contact
  • Home
  • News
  • SDG’s
  • Business
  • Entertainment
  • Sports
  • Editorial
  • Global
  • Contact
  • HOME
GTV Afrik > News > Global > Columbia University Refused to Pay Trump $400 Million
Global

Columbia University Refused to Pay Trump $400 Million

Last updated: March 22, 2025 6:52 pm
4 Min Read
SHARE

Twenty-five years ago, Columbia University sought to expand its campus and considered purchasing property owned by Donald Trump. The deal fell through, and Trump never forgot the rejection.

In the late 1990s, Columbia faced a common challenge in New York City: the need for more space in one of the world’s most expensive and congested urban areas. The university explored various options, including a plot of land on the Upper West Side owned by Trump, then a brash real estate developer. Trump proposed a deal worth $400 million, but Columbia ultimately declined, opting instead to expand into Harlem.

Trump, infuriated by the rejection, stormed out of a meeting with university trustees and later publicly criticized Columbia’s president, Lee C. Bollinger, calling him “a dummy” and “a total moron.” This clash marked the beginning of a contentious relationship between Trump and Columbia, which has since evolved into a broader conflict involving free speech, academic freedom, and federal funding for higher education.

The initial dispute centered on Trump’s property, known as Riverside South (later rebranded as Trump Place), located between Lincoln Center and the Hudson River. Trump had owned the site since the 1970s but struggled to develop it due to financial difficulties. In the early 1990s, he secured funding from Hong Kong investors to build high-rise residences, but the southern portion of the property remained undeveloped. By 2000, Trump set his sights on Columbia, hoping the university would purchase the land for expansion.

Columbia officials engaged in negotiations with Trump for over a year, but the talks were fraught with tension. Trump frequently changed his demands and insisted on renaming Columbia’s business school after himself. When the university presented a valuation of the land by Goldman Sachs, estimating its worth at $65 million to $90 million, Trump became enraged and walked out of the meeting.

By 2002, under Bollinger’s leadership, Columbia formally abandoned the Trump property proposal. Bollinger envisioned a more ambitious expansion into Harlem, aiming to create a campus that would integrate with the surrounding community. Trump’s property was eventually sold by his Hong Kong partners for $1.76 billion, but Trump remained bitter, accusing the investors of undervaluing the land and even filing a lawsuit, which was dismissed.

Trump’s resentment toward Columbia persisted over the years. In 2010, he sent a scathing letter to the university’s trustees, criticizing the Manhattanville campus as “lousy” and reiterating his disdain for Bollinger. He also lamented the failed deal in interviews, claiming Columbia missed out on a “beautiful campus” near Lincoln Center.

This decades-old clash highlights the enduring tension between Trump and Columbia, a relationship that continues to influence debates over university policies, federal funding, and academic independence. While Columbia moved forward with its Harlem expansion, Trump’s grudge remains a testament to his combative approach to business and politics.

You Might Also Like

HAPPY INTERNATIONAL MEN’S DAY

Africa Set to Launch The First Afrocarribean Blue Economy Finance Festival

Ghana-led UN reparations resolution opposed by US, Israel, and Argentina.

Gas Flaring and Climate Change Drive Nigeria’s Extreme Heat Surge

Wall Street Fumes Over Tariff “Folly” as Markets Tumble

TAGGED:ColumbiaDonald Trump
Share This Article
Facebook Whatsapp Whatsapp LinkedIn Telegram Threads Copy Link
Previous Article APC Hails NASS For Approving Emergency Rule In Rivers State
Next Article Pope Francis Leaves Hospital On Sunday After Five Weeks
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

FacebookLike
XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow

Latest News

My Birthday Will Be a Quiet Prayer for Nigeria.. Amina Titi Atiku Abubakar
General Lifestyle
2 months ago
Uber Aims To Double Electric Motorcycle Fleet in Kenya by 2026
Global Business
2 months ago
Guinea’s Simandou Iron Ore Exports Surge, Reshaping Global Market Potential.
General Economy Environmental
2 months ago
African Youth in Nigeria, Kenya, South Africa Can Access Donor Grants
General Business Editorial
2 months ago

Company

  • Home
  • News
  • About
  • Advertise
  • GT Content
  • Contact
  • Home
  • News
  • About
  • Advertise
  • GT Content
  • Contact

We Are Available 24/ 7. Call Now.

  • (234) 818 805 9300
  • [email protected]

Find us here

Facebook-f Youtube X-twitter Instagram Tiktok

Contact Information

Suite 38 (3rd Floor)
Birgi Plaza.
Plot 743 Justice John T. tsoho Street,
Wuye District
Abuja Nigeria 🇳🇬

  • Disclaimer
  • Cookies Policy
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Cookies Policy
  • Privacy Policy
  • Terms of Use

Copyright © 2025 GTV Afrik | All Right Reserved

  • Agriculture
  • Breaking
  • Business
  • Crime
  • Editorial
  • Entertainment
  • SDG’s
  • Health
  • Global
  • Lifestyle
  • Politics
  • Technology
  • Travel
  • Science
  • Sports
  • Agriculture
  • Breaking
  • Business
  • Crime
  • Editorial
  • Entertainment
  • SDG’s
  • Health
  • Global
  • Lifestyle
  • Politics
  • Technology
  • Travel
  • Science
  • Sports
  • Home
  • News
  • SDG’s
  • Business
  • Entertainment
  • Sports
  • Editorial
  • Global
  • Contact
  • Home
  • News
  • SDG’s
  • Business
  • Entertainment
  • Sports
  • Editorial
  • Global
  • Contact

Contact Information

Suite 38 (3rd Floor)
Birgi Plaza.
Plot 743 Justice John T. tsoho Street,
Wuye District
Abuja Nigeria 🇳🇬

We Are Available 24/ 7. Call Now.

  • (234) 818 805 9300
  • [email protected]

Find us here

Facebook-f Youtube X-twitter Instagram Tiktok
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?