Marty Rosenberg has sat across the negotiating table from Donald Trump, and he says it cost his business nearly a half-million dollars when the man who currently reigns as the Republican presidential front-runner didn’t live up to his end of the deal.
The year was 1990, and Mr. Trump’s newly constructed Taj Mahal hotel and casino was hurtling toward bankruptcy, while Mr. Rosenberg’s Atlantic Plate Glass (APG) and scores of other contractors who built the lavish megacasino in Atlantic City, New Jersey, waited for more than $60 million in overdue payments.
“We got to the end of the job, and I think he owed APG about $1.5 million,” Mr. Rosenberg recalled in a recent interview. “I was waiting for my check, and it didn’t come.”
Mr. Rosenberg, who was vice president of Atlantic Plate Glass at the time, helped form a committee of construction firms and suppliers stiffed by Mr. Trump. He then served as a member of the so-called Group of Seven leading the committee’s negotiations that resulted in the contractors getting partial payments.
Atlantic Plate Glass lost about $450,000 in the settlement, said Mr. Rosenberg, adding that his personal finances took a hit because of his minority stockholder stake in the firm, and that the company struggled but overcame the loss.
Others fared worse, he said, including smaller businesses that didn’t survive.
“From my experience, he is definitely ego-driven, disingenuous and will say whatever he has to say at the time,” Mr. Rosenberg, 73, said of the billionaire businessman. “Trump says whatever is on his mind at the time that will get him off the hook.”
Mr. Trump questioned Mr. Rosenberg’s motives for telling his story now. He said he didn’t remember Mr. Rosenberg, but he remembered the glass job at the Taj Mahal cost a total of about $10 million.
“To the best of my knowledge, I never even met him. Just another publicity-seeker,” Mr. Trump said in an email to The Washington Times.