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To: muawiyah

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.


43 posted on 04/23/2011 8:40:45 AM PDT by free me (Sarah Palin 2012? You Betcha!)
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To: free me
Bob is reported to have offered something far more appropriate for the value of the lot ~ which was $0 if something wasn't done to clean up and improve Atlantic City.

I once stayed in a house not far from this hotel. It was ON THE BEACH, on wooden piers, and it swayed in the wind. Stayed there a couple of days with friends and then we decided we weren't going to drown.

The articles I found report that she ASKED $1,000,000. If you can find a reference to her turning down $1,000,000 provide it. Trump offered her $250,000 which she turned down.

50 posted on 04/23/2011 8:53:59 AM PDT by muawiyah
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To: free me

Ms. Coker won nothing. Someday the house will fall down around her. The heirs and assigns will try to get out from under the costs of cleaning the lot at as low cost as possible.


51 posted on 04/23/2011 8:57:34 AM PDT by muawiyah
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