Former President Donald Trump, left, and Trump Tower, right, in a composite image.
Former President Donald Trump, left, and Trump Tower, right, in a composite image.
  • Manhattan condos with Trump's name sell for less than units without his logo, the NYT reported.
  • Trump Tower has seen a 49% drop in the average price per square foot of its condos since 2013.
  • Meanwhile, analysis of sales data showed buildings that removed the logo increased in value.

Condominiums in Manhattan branded with the name of former President Donald Trump are selling for far less than buildings that have removed his branding, according to The New York Times.