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Ivanka Trump Cuts Asking Rent for Manhattan Condo to $13,000

Ivanka Trump has just cut the asking rent for one of her Manhattan apartments after struggling to find a buyer or tenant.

Ms. Trump and her husband, Jared Kushner, who serves as senior adviser to President Donald Trump, first put the condo at Trump Park Avenue on Manhattan’s Upper East Side on the market in December for $4.1 million.

MORE: Ivanka Trump Lists Park Avenue Condo for $4.1 Million

At the same time they relisted it for rent, asking $15,000 per month. But while the sales price is unchanged, on Tuesday they reduced the rent  to $13,000, according to the listing.

City property records show that Ms. Trump paid $1.52 million for the condo in 2004 and transferred ownership to an LLC that reportedly belongs to her in 2015.