City Hall will yank the Trump Organization’s multimillion-dollar contracts to operate four popular attractions in the Big Apple’s public parks, Mayor Bill de Blasio announced Wednesday.
Hizzoner accused the president of inciting the mob that rioted on Capitol Hill in violation of provisions barring criminal behavior.
“The contracts make very clear that if the company and the leadership of that company is engaged in illegal activity, we have a right to severe the contract,” de Blasio said on MSNBC’s ‘Morning Joe’ on Wednesday morning. “Inciting an insurrection against the United States government clearly constitutes criminal activity.”
“So, the City of New York will no longer have anything to do with the Trump Organization,” he added.
The Trump Organization operates four major attractions in city parks: Trump Golf Links at Ferry Point in The Bronx; the Wollman Rink at the southern part of Central Park, the Lasker Rink at the northern end of Central Park and the famed Central Park Carousel.
Records filed with city Comptroller Scott Stringer estimate that the contracts are worth more than $45 million dollars. About $36 million accounts for the pair of rinks.
President Trump owns the Trump Organization, but his sons, Don Jr. and Eric Trump, run the company.
The Trump Organization didn’t immediately return a message seeking comment.
Mark Clyman, a Manhattan corporate lawyer at Wilk Auslander LLP, said nixing the contracts might not be clear cut.
“They would need to find grounds for termination,” Clyman told The Post Tuesday.
He had not seen the contracts.
“The bottom line is if there isn’t a clear, delineated way to terminate the agreement by the city then there is not much you can do,” he added. “You can’t terminate a contract without a right to terminate … otherwise you would be subject to breach of contract and monetary damages.”
De Blasio reached the decision to cancel the contracts just a day after he announced they would be examined.