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The Chip Board Archive 13

Re: NCR: "How's he going to make any money?" ...

...Are you kidding? I'm sure that several extensive marketing surveys were completed before any bids for the property were submitted.

The former Playboy/Atlantis/Trump World's Fair property was put up for auction as an agreement between Trump and his stockholders as a result of the Donald's effort to get out of bankruptcy and to settle a pending lawsuit filed by Trump stockholders.

Why do you think "The Donald" (who was the very close underbidder) wanted to purchase the property back for himself with his own money?

The new owner will probably wind up purchasing and demolishing the site of the now vacant West Hall of the old Boardwalk Convention Hall to expand the newly purchased site.

There are several upscale non-casino luxurious apartments, suites, condos and timeshares currently being built and re-furbished throughout the city. This site; centrally located on the famous boardwalk with fabulous ocean views will probably command premium prices.

There is a huge plot of acreage to the East of Showboat that no one has been interested in more than 30 years, dubbed Pauline's Prarie. MGM was going to develop it, but decided against it.

Location, location, location is the huge difference between the two properties.

Does anyone remember what was on the site where Borgata currently sits ... the same site that Donald Trump offered to build a golf course there when he submitted his bid to develop the property?

Messages In This Thread

NCR: Trump Loses Bid For Former World's Fair Land
Re: NCR: "How's he going to make any money?" ...
Borgata
Re: BINGO!! RIGHT ANSWER!
Re: NCR: Trump Loses Bid For Former World's Fair L

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