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blocking folk hero's saga ends at auction
Atlantic City's real estate market and casino businesses have faltered amid increased competition in nearby states. Trump Plaza may close in September, although Trump himself is largely divested.
The 29 room property she and her husband bought for $20,000 in 1961 and fought to hold onto went at auction Thursday afternoon for $530,000 plus 10 per cent commission, said Joshua Olshin of AuctionAdvisors, which handled the sale. Bidding started at $199,000, priced to sell in Atlantic City's depressed real estate market.
"She could have lived happily ever after in Palm Beach, Florida; instead, she was an impossible person to deal with," Trump said this week.
Vera Coking Adidas Originals Trainers Blue has moved to California to be near her family. Her long running saga has paralleled the rise and fall of Atlantic City's real estate fortunes. The decision to auction the property was made by Coking's family after they could not find a buyer, said Oren Klein of AuctionAdvisors, which is handling the sale.
The now vacant property had Adidas Los Angeles White Jd Sports
The portrait of Coking as a principled holdout is wrong, Trump said, asserting that she had been willing to sell but that they could never agree on a price.
Coking battled with Trump and prevailed in a 1998 state Supreme Court case that blocked attempts by the state to use eminent domain to condemn the property.
Coking's one woman battle was closely followed in the press and by the people of Atlantic City, where she and her property, sitting defiantly in the shadow of Trump's casino, have been a familiar sight for decades.
The modest, three story clapboard structure is a block from the famous Atlantic City boardwalk and adjacent to the casinos, that like Trump's, have sought to expand their parking facilities or outdoor footprint.
just to have the last word.
She once called Donald Trump "a maggot, a cockroach and a crumb." This week, he remembered her as "an impossible person."
refusal to sell that he started building his casino above and around her property.
Trump, who bought Guccione's unfinished project, also tried to buy Coking's building to tear it down and use the land for his Trump Plaza Hotel and Casino.
The famously stubborn Trump laughed off a question as to whether he would bid on Coking's home Adidas Neo Womens Trainers
The woman who became a folk hero for resisting decades long efforts by bigname developers like Trump to displace her Atlantic City boarding house is now 86 and, at last, has sold.
Coking first took on Penthouse publisher Bob Guccione in the 1970s, who was reportedly so angered by her Adidas Originals Trainers All Black
been listed for $995,000 since September. The winning bidder is a local real estate person who wishes to remain anonymous, Olshin said.
AuctionAdvisors had stressed the boarding house's location just steps from a planned Bass Pro shop and adjacent to an outlet mall that the city advertises as a main attraction. Klein and his associates say that they are confident that Atlantic City will bounce back and that the Coking property is a great buy in one of the last affordable beachfront towns in New Jersey.
The road to the auction block has been circuitous.
Coking's grandson, Ed Casey, previously said it wasn't true his grandmother had once been offered millions. He said she wasn't opposed to selling but was proud to live in and fight for her longtime home.
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