Rough Rock International doesn’t like what it sees in the previous Trump Taj Mahal in Atlantic City, which the company purchased in March for $50 million.
Tough Rock Chairman Jim Allen, A trump that is former entertainment employee, is now tasked with renovating his previous boss’s grand vision in Atlantic City.
Billionaire Carl Icahn’s bargain cost selloff implied the Hard Rock was acquiring a Boardwalk property for cents on the buck, as former casino developer turned US President Donald Trump built the resort for $1.2 billion in 1990.
But upon closer inspection, complex Rock officials say it is likely to price a penny that is pretty refresh the 2,010-room hotel and gaming room, and rid it of an India-themed décor.
‘The amount of cash we’re going to have to invest to eliminate all those minarets and all that purple, Jesus! Exactly What were we thinking?’ Hard Rock Chairman Jim Allen told the Associated Press this week.
The minarets Allen relates to would be the spire and crowns that are onion-shaped ornaments found around the Trump Taj Mahal.
Hard Rock Ups Ante
Though the company owned by the Seminole Tribe in Florida got a premiere spot on the Atlantic City Boardwalk for a rock-bottom cost, Hard Rock professionals state the initial budget of $350 million won’t be nearly enough to trnsform the space into a suitable Hard Rock Hotel & Casino. Allen estimated that the project’s pr (more…)