Landmark Area and Resort Mar a Lago was built between 1924 and 1927.
Years after Mar Arago's original death Marjorie Merriweather Post, Donald Trump acquired property,After taking office, he serves as the principal residence of
Where is Mar-a-Lago?
Mar-a-Lago is a resort and historic land built by grain heiress Marjorie Merriweather Post in Palm Beach, Florida. It's Mark.
The 62,500-square-foot site was completed in 1927 and has approximately 126 rooms.
When Post died in 1973, she deeded the land to the National Park Servicein hopes that it could be used for state visits and as her home in the winter. did.
However, due to high maintenance costs, an Act of Parliament in 1981 returned the facility to the Post Foundation.
It is her second largest mansion in Florida and her 24th largest mansion in the United States.
When did Donald Trump buy a property in Florida?
In 1985 Trump bought Mar-a-Lago with his $5 million from about $10 million Did.
The deal included $3 million for him, according to reports of luxury furnishings, and $2 million for his 400-foot prime beachfront right across the street. was
This fortune is estimated to be worth nearly $100 million to him.
Since 2019, Mar-a-Lago has served as Trump and Melania's primary residence.
During his presidency, he was often seen at his official residence when not at the White House.
Earlier in December 2020, the Trump family clashed with the Demos family over certain provisions regarding the former party's accommodations.
At the time, the latter party reportedly initiated legal action to prevent them from returning.
A letter was sent from the Demos family attorney to Palm Beach authorities and the U.S. Secret Service saying that Trump lost his legal right to reside there permanently due to what appeared to be a 1993 agreement.
The letter suggested the town "avoid an embarrassing situation" for the former president, and asked Trump to tell him that he would not be able to live there full-time.
} Trump is said to have signed a "usage agreement" after turning the private residence into a social club in 1993.
Part of the contract prohibits a club member from spending more than 21 days per year in a club guest's suite, or staying there more than 7 consecutive days.
But Trump broke the rule by visiting the White House more than 30 times and staying more than 130 nights.
Trump also had to ensure that more than half of the club's members lived or worked in Palm Beach, and that the number of members was no more than her 500.
What is the Mar-a-Lago Club?
Donald Trump, facing financial difficulties in his late 90s, turned Mar-a-Lago into a small portion to make money. decided to do
However, the city council rejected the proposal and the estate became a membership club.
The estate operates as a resort and hotel for members and rents out venues for private his events.
Membership in the Mar-a-Lago Club required him to pay an initiation fee of $200,000 until 2012, which was later reduced to $100,000.
Additionally, the annual membership fee is $14,000 for him, with a minimum annual meal bill of $2,000. According to the
website, exclusive memberships give paying owners access to "trump spas and salons, pools, beach clubs, breathtaking guest rooms and exclusive suites, An artsy fitness center, award-winning tennis courts, beautiful croquet lawns, and an entertainment series that hosts internationally renowned talent. Facilities are also available.
According to The New York Times, William I. Koch, Thomas Peterffy, Richard Leflak, Jeff Greene, insurance executive George Norcross, property developer of an exclusive club whose members included billionaires such as trader Bruce Toll and Newsmax CEO Christopher Rudy.