Auction To Blow Up Donald Trump's Former Atlantic City Casino CanceledBillionaire Owner Carl Icahn Sent Cease-And-Desist Letter To Auction House, Citing Public Safety Concerns |
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The auction to blow up President Donald Trump’s former Atlantic City casino was canceled Monday.
In December, Bodnar’s Auction Sales was taking bids for who got to push the button that would demolish Trump Plaza. But those plans were called off after the company received a cease-and-desist letter from billionaire Carl Icahn, who has owned the property since 2016.
Icahn cited safety concerns and Bodnar’s agreed. Making the implosion a public spectacle could be a public safety risk with the possibility of injuries stemming from flying debris.
The auction was being used to raise funds for the Boys and Girls Club of Atlantic City. The highest bid for the right to implode the casino was $175,000. Instead of the auction, Icahn will donate the money himself to the club.
“From the beginning, we thought the auction and any other related spectacle presented a safety risk, and we were always clear that we would not participate in any way,” said a spokesman for Icahn in a statement.
The idea originally came from Atlantic City Mayor Marty Small, who was hoping to raise $1 million for the organization. Small is still working with Bodnar’s on other future fundraising ideas.
Trump Plaza will still be destroyed by Icahn at a date to be announced later this week, but it will not be open to the public.
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