Construction Bids
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February 15, 2013
Trump's N.J. casino, which cost $210M to build, is sold for $20M
By WAYNE PARRY
Associated Press
Associated Press
ATLANTIC CITY, N.J. — Trump Plaza, the Boardwalk centerpiece of Donald Trump's one-time Atlantic City empire, was sold Thursday to a California company for $20 million in the cheapest of a series of bargain-basement deals for distressed gambling halls in the struggling New Jersey seaside resort.
The Meruelo Group of Downey, Calif., plans to close the deal by May 31. It is the lowest price ever paid for a casino in Atlantic City.
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