“The first thing you need to recognize is the Plaza has one of the best locations in the city,” said Ken Calemmo, Co-chair of the Economic Development Committee of the Greater Atlantic City Chamber. Opened in 1984 on prime oceanfront property, tearing down Trump Plaza should generate a great deal of interest in investment. No date has been set yet, but once an asbestos remediation is completed, the demolition will be scheduled. Once the site of a Japanese high roller’s $10 million loss that inspired Scorsese’s film Casino, the Plaza’s contents are being liquidated. Soon to be imploded, Trump Plaza Hotel and Casino in Atlantic City has been closed since 2014 and is a constant reminder of the hard times that hit America’s Playground.
