NYC to terminate Trump contracts after Capitol insurrection

NEW YORK CITY -- New York City will terminate business contracts with President Donald Trump after last week's insurrection at the U.S. Capitol, Mayor Bill de Blasio announced Wednesday.

The Trump Organization is under city contract to operate the two ice rinks and a carousel in Central Park as well as a golf course in the Bronx.

The Trump Organization profits about $17 million a year from those sites, de Blasio said.

"I'm here to announce that the city of New York is severing all contracts with the Trump Organization," de Blasio said.

WATCH: Mayor de Blasio announces cancellation of NYC's contracts with Trump
EMBED More News Videos

Raw Video: Mayor Bill de Blasio announces the cancellation of New York City's contracts with The Trump Organization in the wake of the Capitol seige.



An email seeking comment was sent Wednesday to the Trump Organization.

It is the latest example of how the Jan. 6 breach by violent Trump supporters is impacting the Republican president's business interests.

TOP NEWS | FBI: Armed protests planned in all 50 states between now and Inauguration Day
EMBED More News Videos

Pierre Thomas has more on a warning from the FBI about possible armed protests planned in all 50 states over the next 10 days.



The PGA of America voted Sunday to take the PGA Championship away from his New Jersey golf course next year, a move that came after social media platforms disabled Trump's accounts and Shopify took down online stores affiliated with him.

ALSO READ | Trump supporter who died from apparent trampling in US Capitol riots followed QAnon, family says
EMBED More News Videos

Justin Cave, Rosanne Boyland's brother-in-law, said the "president's words incited a riot that killed four of his biggest fans."



The Associated Press contributed to this report.
Copyright © 2021 WABC-TV. All Rights Reserved.