Report: Trump Organization planned to give Putin $50 million penthouse in Trump Tower Moscow

During the 2016 campaign, the Trump Organization wanted to give Russian President Vladimir Putin a $50 million penthouse in Trump Tower Moscow, four people with knowledge of the matter told BuzzFeed News.
Two law enforcement officials said Michael Cohen, President Trump's former personal lawyer and fixer, met with a representative of Putin's press secretary, Dmitry Peskov, to discuss the plan. Real estate promoter Felix Sater told BuzzFeed News he worked on the plan with Cohen, and they thought if Putin was in Trump Tower Moscow, wealthy movers and shakers would follow. "In Russia, the oligarchs would bend over backwards to live in the same building as Vladimir Putin," he said. Trump Tower Moscow was never built.
On Thursday, Cohen pleaded guilty to lying to the Senate about Trump's business dealings in Russia. Cohen had testified the Trump Tower Moscow deal collapsed in January 2016, but court documents state he later admitted the deal moved forward beyond that. It's not clear if Trump knew about the plan to give the penthouse to Putin, BuzzFeed News reports; in court documents, Cohen said he regularly briefed Trump and his family on the negotiations in Moscow.
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
Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
-
Trump hits Africa, Middle East with new travel ban
Speed Read The travel ban bars visitors from 12 countries and restricts entry from seven
-
Elon Musk slams Trump's 'pork-filled' signature bill
speed read 'Shame on those who voted for it: you know you did wrong,' Musk posted on X
-
Depleted FEMA struggling as hurricane season begins
speed read FEMA has lost a third of its workforce amid DOGE cuts enforced by President Donald Trump
-
White House tackles fake citations in MAHA report
speed read A federal government public health report spearheaded by Robert F. Kennedy Jr. was rife with false citations
-
Judge blocks push to bar Harvard foreign students
speed read Judge Allison Burroughs sided with Harvard against the Trump administration's attempt to block the admittance of international students
-
Trump's trade war whipsawed by court rulings
Speed Read A series of court rulings over Trump's tariffs renders the future of US trade policy uncertain
-
Elon Musk departs Trump administration
speed read The former DOGE head says he is ending his government work to spend more time on his companies
-
Trump taps ex-personal lawyer for appeals court
speed read The president has nominated Emil Bove, his former criminal defense lawyer, to be a federal judge