• Trump Plaza sold for $20 million

    by
    Norm
    Published on 02-15-2013 03:55 AM
    3 Comments Comments
    906 room hotel and casino for $20 million. One New York apartment recently sold for $88 million. This leaves one Trump casino in Atlantic City.

    http://www.usatoday.com/story/money/...llion/1920965/

    Comments 3 Comments
    1. Tarzan's Avatar
      Tarzan - 02-15-2013, 10:02 AM
      Norm, I semi-jokingly stated at one point back in the other forum (when Trump Plaza was up for 28 million) that we could all get together and own a casino if we wanted, as in the group of us in the forum. Oh boy was that the case here also! A record low.
    1. Norm's Avatar
      Norm - 02-15-2013, 03:04 PM
      TP probably had negative value. They likely received some debt relief to take the deal.
    1. Tom's Avatar
      Tom - 02-15-2013, 03:10 PM
      Yes I got it for a bargain. Looking forward to doing some remodeling

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