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The proposal came back to public attention in November 2018, when Cohen pleaded guilty to lying to US Congress about the issue, in a prosecution brought by the office of the special counsel.
Cohen had told a Senate committee that the project was dropped in January 2016 because they
In trying to make arrangements with Moscow, Cohen worked closely with Sater. According to Sater, they discussed the possibility of giving a $50 million penthouse in the tower to Russian president [[Vladimir Putin]], saying that Putin living there would increase the value and saleability of the other units.<ref name="cnn-2018-11-29">{{cite news|url=https://www.cnn.com/2018/11/29/politics/trump-tower-moscow-putin-penthouse/index.html|title=Trump Tower Moscow concept included idea of giving penthouse to Putin|last1=Alesci|first1=Cristina|last2=Kelly|first2=Caroline|date=November 30, 2018|work=CNN|access-date=30 November 2018|archive-date=30 November 2018|archive-url=https://web.archive.org/web/20181130012039/https://www.cnn.com/2018/11/29/politics/trump-tower-moscow-putin-penthouse/index.html|url-status=live}}</ref> Sater stated that the proposal was dropped in June 2016 because news reports emerged then about the Russian hacking of the [[Democratic National Committee]], making a Russian business connection a political liability.<ref name = "scuttled"/>
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