May 14, 2019

Trump Tower loses its luster in New York

Photo: Erik McGregor/Pacific Press/LightRocket via Getty Images

Trump Tower, which has sold several of its condos at more than a 20% loss over the last two years, is now one of the "least desirable luxury properties in Manhattan," reports Bloomberg.

Details: The tower's occupancy rate has tanked for 7 years — well before Trump was elected president. Things aren't much better on the commercial side either with 42,000 vacant square feet of office space. The building's vacancy rate is around twice Manhattan's average, despite the building advertising rent significantly below the area's average.

The other side: Trump's association with the building has led to heavy security, an inconvenience for many residents that could be driving them away and driving down prices. "The name on the building became a problem," the son of one former resident told Bloomberg.

Go deeper ... Timeline: Here's what we know about Trump Tower Moscow

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America's dwindling executions

The Trump administration wants to reboot federal executions, pointing to a 16-year lapse, but Pew Research reports the government has only executed three people since 1963.

The big picture: Nearly all executions in the U.S. are done by states. Even those have been steadily dropping for two decades, per the Bureau of Justice Statistics (BJS) — marking a downward trend for all executions in the country.

Top NSC official may be moved after "Anonymous" rumor fallout

President Trump at the Daytona 500. (Photo: Chris Graythen/Getty Images)

Top Trump administration officials are in discussions to reassign deputy national security adviser Victoria Coates to the Department of Energy from the National Security Council, per two sources familiar with the planning.

Why it matters: Coates' working relationship with National Security Adviser Robert O'Brien, who elevated her to the deputy role only months ago, has strained amid an effort by some people inside the administration to tag her as "Anonymous" — a charge she has vehemently denied to colleagues.

Jeff Bezos commits $10 billion for climate change research

Bezos at Amazon Smbhav in New Delhi on Jan. 15. Photo: Sajjad Hussain/AFP via Getty Images

Amazon founder Jeff Bezos announced the launch of his "Earth Fund" on Monday via Instagram to fund climate change research and awareness.

What he's saying: Bezos says he's initially committing $10 billion to fund "scientists, activists, and NGOS" that are working on environmental preservation and protection efforts.