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Africa Housing News > Blog > News > Atlantic City to auction off demolition of former Trump casino
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Atlantic City to auction off demolition of former Trump casino

Fesadeb
Last updated: 2020/12/18 at 6:35 AM
Fesadeb Published December 18, 2020
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The Trump Plaza Hotel and Casino in Atlantic City went bankrupt and shut in 2014. Now, the city is auctioning off the chance to dynamite it for charity.

The property was one of three Trump-branded casinos that once formed the centrepiece of the world-famous resort city nicknamed “America’s playground”.

But as revenues plummeted, Mr Trump cut his losses and his ties with the city.

City officials have called several times for the idle building to be torn down after chunks of the crumbling landmark repeatedly broke off and fell onto surrounding streets.

A bidding process that began on Thursday will determine who gets the right to count down and hit the button that will raze the 39-floor casino.

Proceeds from the auction will fund the local chapter of the Boys & Girls Club of America, a youth development organisation.

“I want to raise at least a million dollars and I think we can accomplish that,” said Atlantic City Mayor Marty Small Sr, in a press conference.

The mayor said his office has already been “bombarded” with phone calls about the auction, from Arkansas to Canada.

source: bbc.com

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Fesadeb December 18, 2020 December 18, 2020
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