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To: skr

Did Trump go to the Casino Reinvestment Authority or did they involve themselves in the issue? I just read an account that said the latter.


70 posted on 02/03/2016 6:58:24 PM PST by Fantasywriter (Any attempt to do forensic work using Internet artifacts is fraught with pitfalls. JoeProbono)
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To: Fantasywriter

From http://caselaw.findlaw.com/nj-superior-court/1349001.html:

On June 11, 1993, Trump submitted an application to CRDA for a determination that it was eligible for investment tax credits for a proposed $28.6 million hotel redevelopment project. Trump’s project called for the redevelopment of the city block abutting the boardwalk between the Trump Plaza Hotel-Casino and Caesars Hotel-Casino. The block was located in the Corridor Area which was an area previously identified by CRDA for redevelopment. The site was occupied by the former Holiday Inn Hotel, the rusting steel structure of the aborted Penthouse Hotel-Casino project, some undeveloped lots and a few private residences and small businesses. Included within the site were the properties of defendants Banin, Coking and Sabatini.

Trump’s project proposed creation of a 361-room hotel by rehabilitation of the Holiday Inn building; removal of the dilapidated Penthouse steel structure; construction of surface parking and a driveway bisecting the block from Missouri Avenue to the entrance of the Trump Plaza Hotel; and creation of a park or privately-owned landscaped area along Pacific Avenue. The project also called for construction of a two-story porte-cochere at the Trump Plaza entrance spanning Columbia Place, the public street between Trump Plaza and the site, as well as linkage of the renovated hotel to Trump Plaza by way of a sky bridge over Columbia Place near the Boardwalk. The project was to be completed in two phases.

Trump already controlled most of the land required for the project through a lease with option to buy from Midlantic Bank. However, parcels in the area proposed for the driveway, surface parking, and the landscaped park area were held by other owners. Because Trump had previously been unable to acquire these privately-owned parcels, CRDA was requested to use its power of eminent domain for their acquisition.


92 posted on 02/03/2016 7:40:33 PM PST by skr (May God confound the enemy)
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