It is alleged that Mr Trump may have breached the Foreign Emoluments Clause, which prohibits the president from accepting financial benefits including monetary payments and purchase of goods and services, from a foreign power.
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The clause continues to be a source of contention for the US president with critics pointing to the many properties he owns, suggesting they could create a major conflict of interest.
“One never hopes for scandal but in this case the president is bringing it upon himself," he added.
In a statement, Mr Blumenfield asserted that “everyday more alarming information comes out regarding Trump’s business dealings and brazenness about lack of transparency and conflicts of interest”.
"This resolution … is not about his anti-choice positions, or his anti-immigrant policies, or his efforts to deny millions of Americans healthcare, or his misogynistic words and deeds, or any of his positions that I find odious," he stressed.
Mr Blumenfield said that if a foreign official or embassy hosted an event or stayed at a hotel “where the president’s name is branded from the top of the building to the chocolate on the pillow”, this could constitute a violation of the clause.
Donald Trump's most controversial quotes
Show all 18
Donald Trump's most controversial quotes
1/18 On Mexicans
“When Mexico sends its people, they’re not sending the best. They’re not sending you, they’re sending people that have lots of problems and they’re bringing those problems with us. They’re bringing drugs. They’re bring crime. They’re rapists… And some, I assume, are good people.”
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2/18 On Senator McCain
“He’s not a war hero... He was a war hero because he was captured. I like people who weren’t captured.”
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3/18 On Megyn Kelly
“You could see there was blood coming out of her eyes. Blood coming out of her wherever.”
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4/18 On Vladimir Putin
“He’s running his country, and at least he’s a leader, unlike what we have in this country.”
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5/18 On his popularity
“I could stand in the middle of Fifth Avenue and shoot somebody and I wouldn’t lose any voters.”
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6/18 On torture
"I would bring back waterboarding and I'd bring back a hell of a lot worse than waterboarding."
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7/18 On his body
“Look at those hands, are they small hands? And, [Republican rival Marco Rubio] referred to my hands: ‘If they’re small, something else must be small.’ I guarantee you there’s no problem. I guarantee.”
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8/18 On president Obama
“He is the founder of Isis.”
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9/18 On the Second Amendment
"Hillary wants to abolish — essentially abolish the Second Amendment. By the way, if she gets to pick, if she gets to pick her judges, nothing you can do, folks. Although the Second Amendment people, maybe there is, I don't know."
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10/18 On Hilary Clinton's emails
“Russia, if you’re listening, I hope you’re able to find the 30,000 emails that are missing.”
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11/18 On sexual assault
In a statement regarding the release of a 2005 video in which he can be heard boasting about sexual assault:
“This was locker room banter, a private conversation that took place many years ago. Bill Clinton has said far worse to me on the golf course.”
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12/18 On tax loopholes
"I absolutely used it, and so did Warren Buffett, and so did George Soros and so did many people who Hillary is getting money from."
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13/18 On his accuser
“Believe me, she would not be my first choice, that I can tell you.”
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14/18 On Hillary Clinton
“Such a nasty woman”
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15/18 On his pro-life stance
“Based on what she's saying ... you can take the baby and rip the baby out of the womb in the ninth month, on the final day, and that's unacceptable”
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16/18 On his accusers
"Total fabrication. The events never happened. Never. All of these liars will be sued after the election is over.”
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17/18 On the 'rigged' election system
“I will totally accept the results of this great and historic presidential election — if I win.”
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18/18 On Hillary Clinton
“I hate to say it but if I win I'm going to instruct my attorney general to get a special prosecutor to look into your situation. There has never been so many lies, so much deception. You ought to be ashamed of yourself.”
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He criticised Mr Trump’s meeting with Philippine President Rodrigo Duterte, who has previously said he “personally killed people” when he was a mayor.
Mr Blumenfield claimed the new 'Trump Tower' which will open in Manila will earn the president “millions of dollars in licencing fees”.
Cambridge in Massachusetts, Berkeley, Richmond and the Vermont town of Charlotte have passed similar resolutions.