The Commodore Option: Control Without CapitalSecuring a skyscraper using leverage instead of cash

From the show

Trump's Untold Playbook

Strategic control often outweighs asset ownership in high-stakes negotiations. In 1976, Donald Trump secured rights to the Commodore Hotel not by buying it, but by purchasing a cheap option. This maneuver allowed him to secure partners and tax breaks without risking his own capital, demonstrating the power of leverage over liquidity.