Pieces of the building’s exterior<\/a> have fallen on the Boardwalk and streets below, expediting calls for its demolition.<\/p>\n<\/div>\n“Vacant buildings are not good for a city, especially high-rises,” Atlantic City Fire Chief Scott Evans told the Associated Press <\/i>this week. “We’ve been responding to this building many times, mostly for debris falling from the building. Debris has fallen from the 34th floor. It’s nerve-wracking for us when we get high winds. I cringe.”<\/p>\nValuable Land<\/b><\/h2>\n
Icahn believes the Trump Plaza is more valuable with the buildings torn down. The property is located at the end of Missouri Avenue, which extends to the Atlantic City Expressway \u2013 the main artery in and out of the casino town.<\/p>\n
Trump Plaza sits on approximately 10.5 acres of prime real estate. Its immediate neighbor to the south is Boardwalk Hall, and to the north, Caesars.<\/p>\n
Icahn has sought to receive some $5 million in funds from the New Jersey Casino Reinvestment Development Authority (CRDA) to raze Trump Plaza, something Small says is “not part of the equation.”<\/p>\n
Previous estimates to demolish only the original Trump Plaza hotel tower were in the ballpark of $14 million.<\/p>\n","protected":false},"excerpt":{"rendered":"
Billionaire Carl Icahn’s publicly traded company, Icahn Enterprises, has filed plans with the Atlantic City government to completely raze the shuttered Trump Plaza casino resort. But it could be another year until the Boardwalk high-rises come down. A New Jersey Superior Court judge recently ordered Icahn Enterprises to present the city with a demolition plan […]<\/p>\n","protected":false},"author":25,"featured_media":138415,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,21],"tags":[],"acf":[],"yoast_head":"\n
Carl Icahn to Demolish Both Trump Plaza Atlantic City Towers<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n