Trump’s Toxic Name Sinks Another Business; Latest Casualty, Koi Trump Soho Restaurant

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Donald Trump keeps telling everyone he’s the best deal maker in the world. Facts show otherwise. And I’m talking real facts in real-time, not all those alternative facts he’s always going around quoting.

America’s Phony Deal Maker-in-Chief adds another huge flop to his business resume; the always popular Koi restaurant at Trump Soho hotel in Manhattan. Maybe Koi should’ve dished out that most beautiful piece of chocolate cake that you’ve ever seen like they serve at Mar-a-Lago.

Citing a sharp drop in business, Grubstreet reports:

Now, that hotel’s restaurant operator, Koi, an international chainlet of sushi spots for beautiful people, is shuttering its outpost there. But this isn’t a closing as usual. It’s collateral damage from the rise of Trump.

“Obviously, the restaurant is closing because business is down. I don’t think anyone would volunteer to close a business if they were making money,” Suzanne Chou, Koi Group’s general counsel, says with a laugh. “Beyond that, I would prefer not to speculate as to why, but obviously since the election, it’s gone down.”

A clubby restaurant popular with celebrities and athletes, the pan-Asian Koi has “long been a destination for the rich and famous. When the Soho location opened in 2012, Forbes Travel Guide wrote, ‘where there’s a Koi dish, there’s a celebrity.’” Successful locations include Los Angeles (the original), Bangkok, Las Vegas, and Dubai.

Chou didn’t say explicitly how much business had declined, but Koi staffer did state the election had an impact on their bottom line — and paychecks.

“Before Trump won we were doing great. There were a lot of people we had, our regulars, who’d go to the hotel but are not affiliated with Trump,” says Jonathan Grullon, a busser, and host who has worked at the restaurant for a year and a half. “And they were saying if he wins, we are not coming here anymore.”

Trump has a long, long rolling list of bankruptcies, defaults and deceptions to his credit, err, debt. Among his greatest business failures are Trump University, Trump casinos, Trump Airlines, Trump Steak, Trump beverages, Trump Vodka, Trump Mortgage, Trump’s Travel site, Trump Magazine, Trump communications company, Trump Tower Tampa Trump: The Game. Oh, wait, one more: Trump International Hotel & Tower Toronto is also on that rolling list.

No, wait, there’s even more as the food site noted:

Residents of Manhattan’s Trump Place successfully changed their property’s name, two celebrity chefs famously backed out of D.C.’s Trump International Hotel and others were unwilling to replace them, and Trump’s new line of hotels won’t bear his name. Then last December, a month after three NBA teams announced they wouldn’t stay at his hotels, members of the Cleveland Cavaliers (including Black Lives Matter supporter LeBron James) refused to stay at the Trump Soho.

In the meantime, Koi near Bryant Park is still open and doing fine. A reservationist at the Soho location offered to book a table uptown for a customer, saying “it would be a much better experience for you.”


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