The well-known beachfront resort city of Atlantic City, New Jersey, has been drawing tourists from all over the world for more than a century. The Taj Mahal casino and the city’s boardwalk are among its famous structures. But who constructed Atlantic City, and whose property are these renown buildings?
A group of investors led by Dr. Jonathan Pitney built the city in 1854 with the goal of creating a health resort and a place where people could get away from the city and enjoy the seaside. By the early 20th century, the city had become a well-liked vacation spot for both gamblers and visitors due to its rapid growth in popularity.
The Taj Mahal casino, which Donald Trump constructed in 1990, is one of Atlantic City’s most recognizable structures. The construction of the casino was a significant endeavor that cost close to $1 billion. But in 2016, Hard Rock International paid only $50 million for the casino, a tiny fraction of what it had originally cost.
Many people are interested in purchasing the Taj Mahal. The building might be for sale, but it would probably cost a lot of money to do so. The property’s present owner, Hard Rock International, has spent millions upgrading and renovating the casino and has no plans to sell it.
Another common query is if Tata, the Indian firm that owns the Taj Hotels network, also owns the Taj Mahal. No, is the response. Although the casino has the same name as one of India’s most recognizable monuments, it is unrelated to the hotel brand.
Last but not least, some individuals might be curious about what happened to the Taj Mahal and why it was sold for such a low amount. The casino was having financial issues, and prior to the sale, Trump had filed for bankruptcy four times. It has been a triumph for Hard Rock International to invest in the property and turn it around after spotting an opportunity. Since changing its name to the Hard Rock Hotel & Casino Atlantic City, the casino has gained popularity among both visitors and residents.
Finally, Atlantic City’s prominent structures serve as a reminder of the city’s long history and the foresight of its founders. Even though the Taj Mahal may have undergone ownership changes throughout the years, it continues to be a treasured icon and a representation of the city’s tenacity and enduring appeal.
After renovations in 1995, the Trump Tower in Atlantic City was renamed the “Trump Plaza” rather than being demolished. Eventually, the building was forced to close in 2014, and it was demolished in 2021 because of safety issues and its deteriorating state.