Earlier this year, large pieces of the facade broke loose from one of the hotel towers and came crashing to the ground. Trump Plaza has sat empty for six years and has been deteriorating. That stake was extinguished when billionaire Carl Icahn took ownership of the company out of bankruptcy court in 2016. Trump cut most ties with Atlantic City in 2009 aside from a 10% fee for the use of his name on what were then three casinos in the city. The third casino Trump used to own here, Trump Marina, was sold to Texas billionaire Tilman Fertitta in 2011 and is now the Golden Nugget. That property has since reopened as the Hard Rock casino. It closed in 2014, one of four Atlantic City casinos to shut down that year, followed by another former Trump casino, the Taj Mahal, in 2016. It was the site of many high-profile boxing matches, which Trump would regularly attend. Trump, then a real estate developer, opened the casino at the center of Atlantic City’s Boardwalk where the Atlantic City Expressway deposited cars entering the resort. The organization provides after-school and summer recreation, education and career-training programs for Atlantic City children and teens. 19, when the top bids will be revealed and a live auction will determine a winner. The Boys & Girls Club has hired a professional auction company to solicit bids through Jan. “I wanted to use the demolition of this place to raise money for charity.” “Some of Atlantic City’s iconic moments happened there, but on his way out, Donald Trump openly mocked Atlantic City, saying he made a lot of money and then got out,” said Mayor Marty Small. The remainder of the structure is expected to be dynamited in February. The demolition of the former Trump Plaza casino will become a fundraiser to benefit the Boys & Girls Club of Atlantic City that the mayor hopes will raise in excess of $1 million Opened in 1984, Trump’s former casino was closed in 2014 and has fallen into such a state of disrepair that demolition work began this year. The building survives and is now the Hard Rock Hotel & Casino.- One of President Donald Trump’s former Atlantic City casinos will likely be blown up in 2021, and for the right amount of money, you could be the one to press the button that brings it down. Another Trump Atlantic City casino, Trump Taj Mahal, opened in 1990 and closed in 2016. It was sold in 2011 and operates today as the Golden Nugget. The following year, Trump’s Castle, later renamed Trump Marina, opened. Trump Plaza - the first of three casinos Trump owned in the seaside resort city - opened in 1984 and was closed in 2014, one of several in the city to go dark as it suffered from competition in neighboring states. “My understanding is as long as his name’s out of it and as long as it has nothing to do with him - just the city,” he said. “But I’m thinking with everything that’s under the sun here, it could go as well as the first sale did,” Bodnar said.īodnar said he does not believe Icahn’s permission is necessary for the event. While bids will start at $10 each, Bodnar estimates each pair could fetch $3,000 to $5,000. Neither Atlantic City Mayor Marty Small nor a spokesperson for the Boys & Girls Club of Atlantic City could immediately be reached for comment.īodnar said the plan for the new auction is to offer 10 pairs of seats to the viewing party. Icahn’s foundation plans to donate the money directly. But the building’s owner - casino mogul ally Carl Icahn, an ally of former President Donald Trump - put the kibosh on the idea Monday, citing safety concerns. Because of its obvious symbolism, the initial auction to press the demolition button made national headlines and topped out with a high bid of $175,000 that was to benefit the Boys & Girls Club of Atlantic City.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |