Matt Friedman's must-read briefing on the Garden State's important news of the day. That auction was supposed to end on Tuesday. Necessary cookies are absolutely essential for the website to function properly. Joe Bodnar, owner of Bodnar‘s Auction which ran the original auction, said he expects to hold another auction for seats at a “viewing party” to watch the tower come down sometime next month. But an auction to push the implosion button has been called off by the property’s owner Carl Icahn. These cookies will be stored in your browser only with your consent. Donald Trump opened the Trump Plaza casino in 1984 and at one point owned two other casinos in the city. Try again later. The Trump Plaza Hotel and Casino … For full functionality of this site it is necessary to enable JavaScript. Bodnar said the plan for the new auction is to offer 10 pairs of seats to the viewing party. 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. MORE FOR YOU. ... Auction to pull trigger on Trump Plaza implosion nixed at last minute. The billionaire’s company has instructed Bodnar’s Auction to cancel the auction, calling it a “spectacle” and a safety risk, according to Bloomberg. While bids will start at $10 each, Bodnar estimates each pair could fetch $3,000 to $5,000. Atlantic City Mayor Marty Small supports Carl Icahn, who owns Trump Plaza Casino. “You get to come and be a guest of the city and watch the implosion as close as you can.”. Atlantic City Mayor Marty Small supports Carl Icahn, who owns Trump Plaza Casino. Delivered daily by 6 a.m., New Jersey Health Care is your daily guide to health care news and policy in Trenton and around the Garden State. 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. (CNN) Atlantic City is offering critics of President Donald Trump the chance to celebrate his departure with a literal bang. POLITICO New Jersey Pro’s high-level outlook on the policy issues driving the month in New Jersey. These cookies do not store any personal information. Please Allow Javascript and reload this page. An auction to award someone the opportunity to press the implosion button on the former Trump Plaza Hotel and Casino in Atlantic City has been canceled due … (Getty, Marty Small via Instagram), Carl Icahn is known to blow things up, but not literally. Mayor Marty Small Sr. … Billionaire investor Carl Icahn has nixed plans for an auction house to solicit bids to blow up the former Trump Plaza casino in Atlantic City, which he owns. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Named after former President Trump, the 30 year old hotel casino is the Republican's last major business tie to South Jersey. ATLANTIC CITY, N.J. (CBS/AP) — There has been a change in plans to bring down the old Trump Plaza casino in Atlantic City. The city that never backed down from a public relations opportunity is taking bids on the right to push the button to start the long-anticipated implosion of the defunct Trump Plaza Hotel & Casino building, originally scheduled for Jan. 29, nine days after the Trump presidency itself will have ended, but now delayed until February. We also use third-party cookies that help us analyze and understand how you use this website. By clicking Subscribe you agree to our Privacy Policy. Erik Gibbs. You also have the option to opt-out of these cookies. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The chance to press the button to implode Trump Plaza in Atlantic City is up for auction with proceeds raised going to a youth charity. Another Trump Atlantic City casino, Trump Taj Mahal, opened in 1990 and closed in 2016. He had largely divested from them by 2009 and the Trump Plaza itself closed for good in 2014. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry. The following year, Trump’s Castle, later renamed Trump Marina, opened. This Sept. 10, 2014 photo shows a partially burned-out sign on the exterior of the Trump Plaza casino in Atlantic City. The city originally organized an auction to decide who would get to push the button to demolish the abandoned building. Demolition continues on the former Trump Plaza Hotel and Casino in Atlantic City, NJ. This category only includes cookies that ensures basic functionalities and security features of the website. 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 … 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. Icahn’s foundation plans to donate the money directly. “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 defunct building, now owned by hedge fund billionaire Carl Icahn, is scheduled for demolition … 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 … This is a once in a lifetime opportunity to bid on the right to push the button to implode Trump Plaza, Atlantic City, NJ. Atlantic City officials announced the delay at a Thursday news conference. Atlantic City is auctioning off the right to blow up one of President Trump’s former casinos in the city. A morning email with must-read analysis and breaking news on New Jersey politics and policy. Trump Plaza Auction Returns. 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… The long-awaited implosion of the Trump Plaza Casino is on hold for another month. Trump Plaza in Atlantic City to be blown up next month, auction planned for seats to view demolition Trump opened the casino back in 1984 and 1990's historic $10 million loss in a baccarat session was reenacted in Martin Scorsese's 1995 movie, 'Casino' Delivered monthly, New Jersey CEO Report gives you a high-level outlook on policy issues driving the agenda in the Garden State. But opting out of some of these cookies may have an effect on your browsing experience. (Getty, Marty Small via Instagram) The right to demolish the former Trump Plaza casino is being auctioned to raise money for the Boys & Girls Club of Atlantic City. 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