Published 01:50 IST, December 17th 2020
City to auction spot to push demolish button on Trump casino
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
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One of President Donald Trump’s former Atlantic City casis will be blown up next month, and for right amount of money, you could be one to press button that brings it down.
demolition of former Trump Plaza casi will become a fundraiser to benefit Boys & Girls Club of Atlantic City that mayor hopes will raise in excess of $1 million
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Opened in 1984, Trump's former casi was closed in 2014 and has fallen into such a state of disrepair that demolition work began earlier this year. remainder of structure will be dynamited on Jan. 29.
“Some of Atlantic City's iconic moments happened re, but on his way out, Donald Trump openly mocked Atlantic City, saying he me a lot of money and n got out,” said Mayor Marty Small. “I wanted to use demolition of this place to raise money for charity.”
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Boys & Girls Club has hired a professional auction company to solicit bids from Thursday through Jan. 19, when top bids will be revealed and a live auction will determine a winner. organization provides after-school and summer recreation, education and career-training programs for Atlantic City children and teens.
Trump, n a real-estate developer, opened casi in a prime spot at center of Atlantic City’s Boardwalk where Atlantic City Expressway deposited cars entering resort. It was site of many high-profile boxing matches, which Trump would regularly attend.
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It closed in 2014, one of four Atlantic City casis to shut down that year, followed by ar former Trump casi, Taj Mahal, in 2016. That property has since reopened as Hard Rock casi.
third casi Trump used to own here, Trump Marina, was sold to Texas billionaire Tilman Fertitta in 2011 and is w Golden Nugget.
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Trump cut most ties with Atlantic City in 2009 aside from a 10% fee for use of his name on what were n three casis in city. That stake was extinguished when billionaire Carl Icahn took ownership of company out of bankruptcy court in February 2016.
Trump Plaza has sat empty for six years, and has been deteriorating. Earlier this year, large pieces of face broke loose from one of hotel towers and came crashing to ground. In one storm, ditional debris fell from structure onto Boardwalk.
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Icahn, owns former Trump Plaza building, and has agreed to demolition. Small said he is er to discuss potential uses for land with Icahn once casi is gone, including some sort of family attraction.
“t often does inner-city oceanfront land open up,” mayor said. “We have one chance to get this right.”
last casi implosion in Atlantic City was in Oct. 2007 when former Sands casi was dynamited to make way for a new casi-hotel project that ultimately was never built.
01:50 IST, December 17th 2020