
Those contracts: a carousel and two ice rinks in Central Park (including the Wollman Rink), and the Trump Golf Links at Ferry Point in the Bronx.
Separately, leading commercial real estate firm Cushman & Wakefield said it will no longer do business with the Trump Organization.
At a news conference on Wednesday, de Blasio referred to the storming of the Capitol building by Trump's supporters as having been incited by the president.
The companies of the outgoing president earn round USA $ 17 million yearly because of these contracts, de Blasio stated. "Inciting insurgency against the government is clearly criminal activity ".
In a statement that hinted at a potential legal challenge, the Trump Organization called the decision "a breach of a binding contract", adding that "they have no right to terminate the agreement".
NY severed ties with Mr Trump after rioters stormed the US Capitol last week following his call to stop the certification of Democrat Joe Biden's election win.
Reports stated that Trump Jr.is looking at homes in Jupiter, Florida, less than two hours away from where Jared Kushner and Ivanka Trump recently purchased a multi-million dollar property.
In addition, the New York Times reported on Tuesday that Deutsche Bank DBKGn.DE will not do business in the future with Trump or his companies.
"The President of the United States directed a mob to attack the U.S. Congress during the electoral college vote", de Blasio said during an MSNBC interview, adding: "The City of NY will no longer have anything to do with the Trump Organization". One, the Wollman Skating Rink in Central Park, generated US$9.4 million in income for the Trump Organization, according to its most recent financial disclosures.
"Our legal team has done the assessment".
"This is nothing more than political discrimination, an attempt to infringe on the First Amendment and we plan to fight vigorously".
"We are looking at that very, very, carefully and very quickly", he said. He said the agreements for the carousel and skating rinks will be ended in less than a month, but that the golf course could take longer. When you've submitted your account email, we will send an email with a reset code.
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