Skip to content
Timothy L. O'Brien

Trump's Jagged Argentine Connection

A 1980s New York City real-estate partnership went sour. Now it's casting a shadow over a state visit.
Where deals went sour.

Where deals went sour.

Photographer: Jin Lee/Bloomberg

President Donald Trump will meet Thursday with President Mauricio Macri of Argentina. For most world leaders, a meeting with Trump is a first-time encounter. For Macri, however, the White House visit will be a homecoming of sorts, as the two men and their families share a long and picaresque history.

The story begins in the mid-1980s. Trump was trying to build a major development on Manhattan's West Side and he bought a large tract of land there from Mauricio Macri's father, Francisco Macri. Macri pere was a leading Argentine developer, auto dealer and financier who had weathered a series of financial ups-and-downs before trying to become a major player in New York real estate.