- Public buy items from President Trump’s former casino suite
- Site is being cleared ahead of planned demolition
A New Jersey auction company has sold artwork and furnishings from inside the shuttered Trump Plaza in Atlantic City, ahead of planned demolition of the site in the coming months. President Trump’s former entertainment venue has been closed for several years and was sold to current owner Carl Icahn.
The auction, held locally in Repaupo and online for buyers round the world, took place on Sunday afternoon via S&S Auction House Inc. Extravagant items from the former casino mogul’s personal executive suite were included, such as paintings and sculptures, furniture and decorative features.
All change at Trump Plaza site
The Trump Plaza Casino and Hotel opened in 1984, when the real estate developer entered the casino market in a big way and attempted to put his stamp on New Jersey’s blossoming Atlantic City. It was a glamorous and extravagant venue, extremely popular in its heydey, but it suffered a series of financial setbacks between 2004 and 2014.
In 2014, Carl Icahn acquired Trump Entertainment Resorts, Inc. and took control of the Plaza. He had previously blocked the sale of the site, as he was one of the main creditors owed a return on its value. However, once assuming ownership he was never able to get the casino open again, nor did it find a buyer who would meet Icahn’s price.
The Trump Taj Mahal was sold to the Hard Rock brand, but the Plaza remains closed – and is now set to be demolished.
The site could be used to create open park spaces or “greenscapes”, giving families and non-gamblers more reason to spend time on the Boardwalk. “I was involved in a feasibility study on the property a few years ago,” said Robert Ambrose, a New Jersey gaming consultant.
“It is on prime real estate with a great deal of possibilities.”
Chance to own a piece of casino history
City officials have confirmed that demolition of the buildings will begin “within the next four months”. In the meantime, the interior of the entertainment complex will be stripped out. Before clean-up crews get started inside the historic gaming venue, auctioneers were given the chance to salvage high value items. Those items went up for sale over the weekend.
Items included a number of paintings by prestigious artists, and ornate antiques and furnishings. Even the crystal chandeliers and the Plaza’s striking cast iron fountain were on offer. The haul totalled hundreds of thousands of dollars, with many items selling quickly online.
The prized lots came from within the President’s own executive suite at the Plaza. Glitzy gilded cabinets and huge velour sofas were among the salvaged furnishings from inside Trump’s personal state rooms. Many of the items are branded with Trump’s own ‘T’ insignia.
This isn’t the first time buyers have had the chance to snap up items from one of the President’s former casino venues. In July of this year, National Content Liquidators ran a sale which included the interior fittings, game tables, hotel beds and even the grand piano of the Taj Mahal Casino Resort.
The auction was held ahead of Hard Rock’s move into the prime Atlantic City site after Icahn approved a $50 million sale to the Seminole Tribe. The new Hard Rock casino hotel could open as early as 2018.
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