The public sale to explode President Donald Trump’s former Atlantic City on line casino was canceled Monday.
In December, Bodnar’s Auction Sales was taking bids for who acquired push the button that may demolish Trump Plaza. But these plans have been known as off after the company received a cease-and-desist letter from billionaire Carl Icahn, who has owned the property since 2016.
Icahn cited security issues and Bodnar’s agreed. Making the implosion a public spectacle could possibly be a public security threat with the potential of accidents stemming from flying particles.
The public sale was getting used to lift funds for the Boys and Girls Club of Atlantic City. In late December, the best bid for the proper to implode the on line casino was $62,500. Instead of the public sale, Icahn will donate $175,000 himself to the membership.
“From the beginning, we thought the auction and any other related spectacle presented a safety risk, and we were always clear that we would not participate in any way,” stated a spokesman for Icahn in a press release.
The concept initially got here from Atlantic City Mayor Marty Small, who hoped to lift $1 million for the group. Small continues to be working with Bodnar’s on different future fundraising concepts.
Trump Plaza will nonetheless be destroyed by Icahn at a date to be introduced later this week, nevertheless it is not going to be open to the general public.
