Is Icahn Getting Ready to Sell the Trump Plaza?

Billionaire investor Carl Icahn appears to be getting ready to sell his remaining Atlantic City property, the Trump Plaza. An Icahn-backed company, IEP AC Plaza, recently paid $3 million for the deed to the long-shuttered casino, according to property documents filed in December. (You can have a look at the docs here and h/t to Reuben Kremer for his ceaseless monitoring of the property records).

Icahn’s conglomerate Icahn Enterprises took control of the Trump Plaza and Trump Taj Mahal when the previous owner, Trump Entertainment Resorts, entered bankruptcy in 2014. Icahn sold the Taj Mahal to a consortium of local investors and Hard Rock International in 2017. But his attempts to sell the Plaza were stymied by the site’s ground lease, which was held by earlier investors and acted as a so-called poison pill to prevent the sale, according to the New York Post.

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Tending the Organ

Last Monday Nathan Bryson, who is the Curator of Organs at Boardwalk Hall in Atlantic City, was surveying a damaged section of the 85-year-old pipe organ in the main auditorium when he noticed an object at the bottom of one of the pipes, Major Diapason, Pedal Left division.

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Atlantic County Receives Record Mail-In Ballot Requests

The Atlantic County Clerk’s Office has received over 15,000 mail-in ballot requests for the 2018 General Election and the record number is putting pressure on the clerk’s office to confirm signatures on the ballots.

Several voters told Route 40 their signature was rejected from a mail-in absentee ballot or an in-person mail-in ballot. There have been more rejections than usual because the number of mail-in ballots is so high, said Mike Sommers, deputy county clerk. 

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Flooding

Saturday saw some of the worst flooding in the Atlantic City area since Superstorm Sandy. We compiled some social media posts that reflected the extent of the flooding, and residents’ humor in dealing with it.

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The Atlantic City To New York Bus Hack

Anyone who lives in or around Atlantic City knows that public transit to New York is biased toward casino travelers traveling in the other direction. Greyhound charges more for a round-trip ticket starting from Atlantic City than for that same ticket starting from New York. New Jersey Transit is cheaper but only runs 12 schedules a day at not-so-convenient times.

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