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Art of the deal: Trump's Empire State Building doodle fetches $16,000

Art of the deal: Trump's Empire State Building doodle fetches $16,000
From Reuters - October 23, 2017

NEW YORK (Reuters) - George W. Bush famously turned to portrait painting as a hobby when he left office. Could President Donald Trump one day follow in his footsteps, encouraged by the recent sale of his drawing of New York Citys Empire State Building for $16,000?

It is not the first time a Trump doodle sold for a serious sum: A 2005 sketch of the New York skyline - with Trump Tower at the center - sold for more than $29,000 in July.

The latest drawing sold last week at Juliens Auctions in Los Angeles to another prominent New York developer, Elie Hirschfeld, the auction house said.

The picture, which carries Trumps signature, dates to 1995 when Trump owned a stake in the iconic 102-story Empire State in midtown Manhattan and was locked in a lease dispute.

Trump accused the occupants of allowing rats to infest the skyscraper and unsuccessfully sued to try to force them out. He eventually sold his interest in the building in 2002.

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