Atlantic City's Steel Pier is listed for sale at 85 million dollars, fourteen years after being purchased for 4.25 million dollars.
Reader brief
Through the Reader lens: The historic Steel Pier in Atlantic City has been placed on the market with an asking price of 85 million dollars. The current owners, the Catanoso family, acquired the landmark for 4.25 million dollars fourteen years ago. The site is being marketed for its potential redevelopment, including opportunities for new entertainment or residential projects supported by ocean development rights.
Sources1
All filed from IndiaNamed United States · Steel Pier · Catanoso family
- [1]The Times of IndianeutralAtlantic City’s Steel Pier bought for $4.25m now asks $85 million