Auction

Bodnar’s Auctions Cancels Plans To Implode Trump Plaza For Charity

Trump Plaza

Trump Plaza was originally slated to be blown up on Jan. 29, shortly after Donald Trump’s controversy-plagued presidency comes to an end.

The controversy surrounding the demolition of the Trump Plaza Casino and Hotel in Atlantic City has surfaced. Currently owned by multibillionaire entrepreneur and Trump associate Carl Icahn, the property has been shut down since 2014.

Plans to blown up the building initiated after an Atlantic City order to bring down the property in Mar. 2020, and a plan was devised. As part of the plan, an auction would be held, benefiting the non-profit Boys & Girls Club of Atlantic City, and giving the highest bidder the opportunity to push the button to level Trump Plaza.

With the auction slated to end today, issues due to in-fighting have caused the auction to be canceled. New Jersey-based Bodnar’s Auctions was brought in by Atlantic City Mayor Marty Small to be in charge of the auction, working out a deal that would have all proceeds go to the Boys & Girls Club.

The event kicked-off in the middle of last month and was expected to be able to run its natural course, allowing it to end today. Icahn, or someone involved in his operation, however, caused a scene and forced the auction to be canceled.

Bodnar’s Auctions issued a statement, explaining the cancellation, stating, “Shortly after announcing the auction, the attorneys for IEP AC Plaza LLC, a subsidiary controlled by Icahn Enterprises, sent a letter stating that IEP AC Plaza LLC was not on board with the situation and would in no way participate or help facilitate, citing safety issues. After exhausting every avenue to bring the parties together to make this exciting event happen, we received the final decision from IEP AC Plaza LLC that we must cease and desist.”

It isn’t clear what kind of safety issues were likely to arise from pushing a button, but perhaps more details will be revealed soon. The auction had garnered noteworthy attention, with the highest bid coming in at $175,000. This did not coincide with the $1 million that had hoped to be raised, but it is still a considerable amount of money that would have gone to a worthy cause.

This leaves the Boys & Girls Club struggling to figure out how to make up the difference after an unpleasant 2020. “2020 hit the Boys and Girls Club hard, as most nonprofits will agree, and they are in desperate need of donations to keep their club open. The high bid was at $175,000, and that money would have greatly benefited the Boys & Girls Club at a time when it is needed most,” Bodnar’s Auctions added.

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