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Thankyou. It was a remarkably well-covered lawsuit ~ and went on a very long time.

The facts are that Vera is not a sympathetic character, and she was into this as a business owner who wanted an upfront chunk of the action (as in $1,000,000 payment for her slum property).

Vera proved her stones by getting Bob Guccione out of there. That deal sent chills up and down my spine ~ I knew then she wasn't exactly who she was portrayed as.

Trump used guile and wit to negate Vera's big win over the casino.

The eminent domain part of the deal is a sideshow of only minor interest. Doesn't matter what Trump thinks about Kelo ~ Fur Shur his own lawyers found out early on that the ACRDA didn't have legislative authorization for use of eminent domain. You can probably find that out in some of the earliest NYT stories about the ACRDA. This whole thing was supposed to be about the AC business community pushing back against the forces of evil and darkness and bringing jobs and the 21st century to Atlantic City.

Sometimes the forces of evil and darkness win ~ but for a short time only. Am I surprised that Michelle Malkin got caught with her knickers down on this one? No, not really. She, herself, in a book, has actually stated that she supported rounding up Japanese-American women, children and citizens in WWII ~

The facts are that Vera is not a sympathetic character, and she was into this as a business owner who wanted an upfront chunk of the action (as in $1,000,000 payment for her slum property).

I take it that you think it appropriate for government to swipe the SPECULATIVE VALUE of the property? If she was smart enough to buy slum land as an investment and hold it as a business, SHE DESERVES THE PROFIT.

Statists like you have destroyed a potential market in real estate options which would otherwise bundle parcels for large scale use, one that would make entry level housing far cheaper.

Actually BOB GUCCIONE offered MS. Coking 1 million for the property. She turned him down. This is the opposite of what you said, that she offered to sell for 1 million.

Trump himself was very happy that Ms. Coking didn’t sell to Guccione as it allowed him to purchase the casino property for a much lower price.

When AC condemned the property and set it’s value at 251,000.00 Ms. Coking sued and won. Afterwards she offered to sell to Trump for 1.5 million. He refused.

Ms. Coking is a sympathetic character in that she was a small business owner who took on two very rich developers and won. A win for believers in private property everywhere.