The decision could end the former president's control over his flagship Trump Building at 40 Wall Street in Lower Manhattan and his iconic residence Trump Tower. Donald Trump could lose control of his New York properties - including his Trump TowerThe decision means Trump would still own the properties, but they would be placed in receivership. The former president railed against the decision, taking to Truth Social to say it was 'a very sad day for the New York State System of Justice'. The judge's order will not dissolve Trump's company but will impact its operations. 'We have the Mona Lisas of properties,' Trump told the prosecuting attorney in the April deposition unsealed Wednesday.