Plaza Hotel (Manhattan) bankruptcy
· S.D.N.Y.Closed· $550,000,000
The Plaza Hotel in Manhattan, purchased by Donald Trump for $390 million in 1988, filed for Chapter 11 protection on November 4, 1992 with more than $550 million in debt. Trump retained 51% on paper but lost operational control of the property under the reorganization plan. The filing was the fourth Trump-related Chapter 11 case in roughly sixteen months.
Measurable outcome
Trump kept 51% of the Plaza Hotel on paper but surrendered operational control under the Chapter 11 plan.
Extended narrative pending citation expansion. Summary, outcome, and source list above are verified against the source inventory.
Sources
- UPI Archives, November 4, 1992
- New York Times, December 12, 1992
Cite this page
donaldjtrumpisaloser.com. “Plaza Hotel (Manhattan) bankruptcy.” Last updated 2026-04-29. https://donaldjtrumpisaloser.com/cases/plaza-hotel-bankruptcy-1992/
bankruptcymanhattanhotel1992chapter-11