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To: justlittleoleme

Vera Coking was greedy - asking as much as 5M for the property she and her son eventually sold at auction for 53K.

Trump hasn’t acquired one square inch of property though eminent domain. All this talk about Trump and eminent domain is a dog that only does not hunt - it’s a dog that’s DEAD.


55 posted on 02/12/2016 9:54:36 AM PST by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: dynoman

It has nothing to do whether or not Vera Coking was greedy. It was her property. It was her right to sell it or not.


In the 1970s, Penthouse magazine publisher Bob Guccione offered Coking $1 million for her property in order to build the Penthouse Boardwalk Hotel and Casino. She declined the offer, and Guccione started construction of the hotel-casino in 1978 around the Coking house, but ran out of money in 1980 and construction stopped. The steel framework structure was finally torn down in 1993.[2]

In 1993, Donald Trump bought several lots around his Atlantic City casino and hotel, intending to build a parking lot designed for limousines.[3] Coking, who had lived in her house at that time for about 35 years, refused to sell. When Coking refused to sell to Trump, the city of Atlantic City condemned her house, using the power of eminent domain. Her designated compensation was to be $251,000,[4] about one quarter of what Guccione had offered her 10 years earlier.

https://en.wikipedia.org/wiki/Vera_Coking


62 posted on 02/12/2016 10:02:45 AM PST by justlittleoleme (Do not be overcome by evil, but overcome evil with good.)
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