Donald Trump name has been stripped from a Manhattan apartment block after residents complained it could affect resale values.
Formerly known as "Trump Place", the Upper West Side residence will now be called 200 Riverside Boulevard.
Almost 70 percent of the owners in the 377-unit tower at 200 Riverside Blvd. voted earlier this month for the change, saying they were anxious about resale value and security because of its connection to President Donald Trump's name.
The building bought the right to use the Trump name in 2000, paying $1 under a four-page licensing agreement signed by Trump.
Ailing hotels in Toronto and NY paid the Trumps millions of dollars to remove the Trump name from their properties.
In May, the state supreme court ruled in favor of the condo owners.
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The decision was debated by unit owners for over a year while support to remove the sign steadily increased, according to the New York Times.
Several other buildings on Riverside Boulevard have also removed Trump's name since he took office. In response, the building's board took an informal poll of residents, asking them if they wanted to remove the name.
The Trump name, usually writ large and in gold, is still on more than 40 buildings around the world, including the two remaining "Trump Place" buildings on Riverside Boulevard. The board estimates it will cost $23,000 to remove the 20 letters from the building and wash the facade. We just renewed our lease for two years."Ailing hotels in Toronto and NY paid the Trumps millions of dollars to remove the Trump name from their properties". Trump lawyers said the board lacked standing because not all directors voted and commercial tenants were not consulted.
This week's move to rid the condo building of the Trump nameplate follows a tooth-and-nail legal battle between the condo board and the Trump Organization.
In Manhattan, there were 15 residential buildings that bore the Trump name in 2015.
The Trump Organization threatened the condo board with a lawsuit a month later. At Trump Tower on Fifth Avenue, average prices per square foot declined from $3,000 in 2013 to about $2,000 previous year.