Citing safety and weather reasons, Small said that the implosion will likely take place in February. 17 announcement, Atlantic City Mayor Marty Small provided an update to the demolition, which was originally scheduled for January 2021. Demolition on the Trump Plaza started in late May 2020. Icahn reportedly was ordered by a New Jersey Superior Court judge to move forward with demolishing the property after falling debris rendered it a public safety hazard, according to. Billionaire Carl Icahn took over ownership of the property in January 2016 after acquiring TER in bankruptcy. At the time, the casino was run by Trump Entertainment Resorts (TER), which Trump did not own at the time but retained a 10% stake in the company. In the years following, the casino fell into disarray, ultimately prompting Trump to file a lawsuit to have his name removed from the building, according to The Washington Post. After a 36-year-stint, the gambling venue shuttered its doors in 2014 following the decline of gambling culture in The World’s Playground. President Donald Trump co-developed the 39-story casino and hotel in 1984.
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