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 an agreement for the Trump Tower Moscow project. On December 23, 2013, after discussions with Donald J. Trump, the Trump Organization agreed to accept an arrangement whereby the organization received a flat 3.5% commission on all sales, with no licensing fees or incentives. The parties negotiated a letter of intent during January and February 2014.

From January 2014 through November 2014, the Trump Organization and Crocus Group discussed development plans for the Moscow project. Some time before January 24, 2014, the Crocus Group sent the Trump Organization a proposal for a 800-unit, 194-meter building to be constructed at an Agalarov-owned site in Moscow called "Crocus City," which had also been the site of the Miss Universe pageant. In February 2014, Ivanka Trump met with Emin Agalarov and toured the Crocus City site during a visit to Moscow. From March 2014 through July 2014, the groups discussed "design standards" and other architectural elements. For example, in July 2014, members of the Trump Organization sent Crocus Group counterparties questions about the "demographics of these prospective buyers" in the Crocus City area, the development of neighboring parcels in Crocus City, and concepts for redesigning portions of the building. In August 2014, the Trump Organization requested specifications for a competing Marriott-branded tower being built in Crocus City.

Beginning in September 2014, the Trump Organization stopped responding in a timely fashion to correspondence and proposals from the Crocus Group. Communications between the two groups continued through November 2014 with decreasing frequency; what appears to be the last communication is dated November 24, 2014. The project appears not to have developed past the planning stage, and no construction occurred.