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. Try again later. That auction was supposed to end on Tuesday. Erik Gibbs. Please Allow Javascript and reload this page. An auction for the right to press the button to blow up the building, which has been vacant since 2014, fell through this week because of opposition from the owner. The Atlantic City eyesore known as the Trump Plaza will be demolished in less than a month. For full functionality of this site it is necessary to enable JavaScript. Javascript is disabled in your web browser. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry. Wayne Parry / AP ATLANTIC CITY — An auction house trying to raise money for a youth charity by soliciting bids to blow up a former casino once owned by President Donald Trump called off the effort Monday after receiving a cease-and-desist letter from conservative billionaire Carl … The detonation itself is expected sometime in … Donald Trump opened the Trump Plaza casino in 1984 and at one point owned two other casinos in the city. Atlantic City is auctioning off the right to blow up one of President Trump’s former casinos in the city. The casino closed in 2014 and fell into disrepair The implosion of a dilapidated Atlantic City casino formerly owned by Donald Trump has been rescheduled for Feb 17 at 9 a.m., Mayor Marty Small announced during a … Trump Plaza Implosion Auction Canceled, Demolition Date Confirmed An auction for the right to implode the former Trump Plaza in Atlantic City is off, but you can still bid on the viewing party. Partially demolished Trump Plaza casino in Atlantic City (AP Photo/Wayne Parry) ATLANTIC CITY — All bets are off for anyone but a professional to complete the demolition of the Trump Plaza … The defunct building, now owned by hedge fund billionaire Carl Icahn, is scheduled for demolition … Mayor Marty Small Sr. … ATLANTIC CITY, N.J. (CN) — The Trump presidency is no more, but those hoping to see the end of the Trump Plaza Hotel and Casino in Atlantic City will have to wait a bit longer. The activist investor is not interested in auctioning off the opportunity to demolish Atlantic City’s former Trump Plaza casino, which he owns. A fundraising auction for the right to push the button to implode the former Trump Plaza was called off Monday, a decision that briefly jeopardized a $175,000 donation to … Small hoped to use the Trump Plaza demolition as a way to raise much-needed funds for the Boys & Girls Club of Atlantic City. “We have another auction that looks like it’s going to take place and that should materialize later today or tomorrow, but it looks like we’re going to be selling a viewing party,” Bodnar said in a phone interview Wednesday. The change of demolition date makes the event take on a … This category only includes cookies that ensures basic functionalities and security features of the website. All rights reserved © 2021 The Real Deal is a registered Trademark of Korangy Publishing Inc. This is a once in a lifetime opportunity to bid on the right to push the button to implode Trump Plaza, Atlantic City, NJ. In recent years, Icahn has requested the use of more than $5 million in redevelopment tax payments that Trump Plaza made while it was operating to help offset the cost of demolition… Trump pardons Zangrillo, Jemal, other real estate figures, Real estate trade groups reconsider donations after Capitol unrest, Airbnb cancels all DC-area bookings for inauguration week, Walmart cuts off cash to pols who opposed election certification, Banks, business partners cut Trump Org ties after Capitol attacks, National Association of Realtors among biggest donors to “sedition caucus”, Banks join Marriott in halting political contributions after Capitol riot, JLL backs out of selling Trump’s DC hotel. Cookies that help us analyze and understand how you use this website to things... On hold for another month some of these cookies on our website to give the... Trump Taj Mahal, opened will go to charity breaking news on New Jersey news, politics and.! 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