One of President Trump’s oft-told success stories is his 1980s turnaround of a storied ice-skating rink in Manhattan’s Central Park that he no longer controls.

Last winter, just before Mr. Trump took office, his company — which features the rink’s resurrection on its website — submitted a bid to regain control of the property, known as Wollman Rink.

New York City officials, however, do not seem inclined to award the contract to Mr. Trump’s company, the Trump Organization.

The city is now preparing to allow the existing rink operator, a firm affiliated with Related Companies, to retain control of the site, according to two officials in Mayor Eric Adams’s administration. One of the officials said that the firm’s bid offered more revenue for the city than the Trump Organization’s offer.

The concession award, which still requires additional bureaucratic scrutiny as part of the city’s complicated concession-review process, is not yet finalized. But the outcome is not expected to change.

A spokeswoman for the Trump Organization had no immediate comment.

Kayla Parker, a spokeswoman for Related Companies, said, “Wollman Rink is an iconic New York City landmark and, alongside our new partner, CityPickle, we submitted a comprehensive bid to be able to continue the work we’ve done to welcome thousands of New Yorkers and visitors from around the world for years to come. We look forward to a decision from the city.”