Saturday, February 13, 2016

Poor old Vera Coking?

Was Vera Coking the poor little innocent home owner that's now portrayed in the 2016 elections?  First of all it wasn't Trump that made the first moves on this old -boarding house- in Atlantic City it was Bob Guccione.  That's right not a house and not Trump.  It was an old bizarre, macabre  boarding house.  Bob Guccione of penthouse magazine was the one that initially bought up all the other properties except for an Italian restaurant, pawn shop and Veras boarding house and all property owners refused to sell. 
 
Guccione built a skeleton of steel girders on all three sides of this three story boarding house and then actually built over the top of her and by no means offered  any kind of nicety's toward Vera. Vera exercised her rights and with her lawyer fought Guccione for more than 5 years.  Ultimately Guccione could not get financing so Trump was able to buy what was only a skeleton of a casino "inexpensively".  Trump then built the 400 room Trump plaza. 
Bottom line is Vera used the laws and she was able to stay in place.  Trump's casino, was closed and filed suit to have his name removed from it as it could "further harm the Trump name and brand".  Trump did not run Trump Entertainment and only had a 10 percent stake in the company.  Maybe everybody got what they deserved!
 

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