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JohnEdgarSlowHorses » Today, 5:07 am » wrote: ↑

Today, 5:07 am

Fred Trump’s last project fails, destroys Coney Island landmark

Fred acquired Steeplechase amusement park on Coney Island in 1965 and began lobbying his political circles to change the zoning laws so that he could build real estate on the property.
His efforts failed, though, because his political co-conspirators were falling out of power and locals wanted the park to become a landmark. In a last ditch effort, Trump demolishes the Steeplechase amusement park on September 21, 1996, before it can be named a city landmark, and the city turns on him. Without many political connections or public support left, Fred Trump is never able to follow through on a construction project again.

In October, the city announces that it plans to buy the property back from Trump, which eventually happens. Even though his plan fails, Trump still pockets a $1.4 million profit.

https://trumpfile.org/fred-trumps-gover ... eme-fails/