A New York City judge has ruled in favor of the condo board at "Trump Place," which sued the Trump Organization seeking to remove the president's name from the building, according to multiple reports.

The condo board at "Trump Place" filed their lawsuit after residents complained the name would damage property values.

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The condo board argued that the building was not bound by a licensing agreement with the Trump Organization to display Trump's name on the building.

"Trump Place," located at 200 Riverside Boulevard in Manhattan, is just one of six buildings bearing the same name. Since the 2016 election, three of the buildings have removed Trump from their name, according to The Washington Post.

Other Trump-branded buildings, including Trump hotels in New York, Toronto and Panama, have removed "Trump" from their name.

Thursday's ruling could impact future Trump-brand buildings whose owners or tenants may seek to remove his name in the future.

Trump's son, Eric Trump, had defended the Trump Organization in the fight to keep the name on the building, saying it preserves his father's legacy.