Donald Trump owns lucrative trademarks for 'Central Park,' 'Fifth Avenue'
In 1991, when crime was high in New York City and public opinion of Central Park was much lower than today, Donald Trump applied for a trademark on the name "Central Park" and got it. He has held on to, and profited from, a widening variety of trademarks ever since, slapping the name Central Park first on parking garages, then onto furniture, pillows, pencil boxes, "non-electric coffee percolators," chandeliers, keychain, and other items. And Trump paid no more than the filing fee to become the single largest private for-profit trademark holder of Central Park trademarks for specific goods.
Alan Garten, general counsel for The Trump Organization, declined to tell The Associated Press how much money Trump has earned from his Central Park trademarks, only saying that "Mr. Trump, over the course of his career, has owned and developed some of the most iconic buildings in the city, many of which... sit only footsteps away from Central Park." The park is operated by both New York City and the private Central Park Conservancy, which can sell items like umbrellas with the official Central Park logo. Neither the city nor the Conservancy can revoke Trump's trademarks, though the city has tried and failed to derail several trademark applications but found no way to, NY1 reports.
Trump also owns trademarks for "Fifth Avenue," for certain objects in his casino empire, and "Westchester," a furniture line he named after the tony county north of New York City.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.
-
Chinese AI chatbot's rise slams US tech stocks
Speed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
By Peter Weber, The Week US Published
-
US port strike averted with tentative labor deal
Speed Read The strike could have shut down major ports from Texas to Maine
By Peter Weber, The Week US Published
-
Biden expected to block Japanese bid for US Steel
Speed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
By Peter Weber, The Week US Published
-
Judges block $25B Kroger-Albertsons merger
Speed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
By Peter Weber, The Week US Published
-
Rupert Murdoch loses 'Succession' court battle
Speed Read Murdoch wanted to give full control of his empire to son Lachlan, ensuring Fox News' right-wing editorial slant
By Peter Weber, The Week US Published
-
Bitcoin surges above $100k in post-election rally
Speed Read Investors are betting that the incoming Trump administration will embrace crypto
By Peter Weber, The Week US Published
-
Enron mystery: 'sick joke' or serious revival?
Speed Read 23 years after its bankruptcy filing, the Texas energy firm has announced its resurrection
By Peter Weber, The Week US Published
-
US charges Indian tycoon with bribery, fraud
Speed Read Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals
By Peter Weber, The Week US Published