Because by unloading the Trump Marina Hotel Casino for $316 million to Coastal Marina, a company owned by Richard Fields, Trump is dropping his lawsuit against Fields, which he filed after the former protege tried, and succeeded in, swindling The Donald out of another casino deal in 2005. [AP] The inflated price of the deal? Perhaps part of an unwritten settlement agreement.
Trump Entertainment Resorts has sold, for three hundred sixteen million dollars, the Trump Marina Hotel Casino in Atlantic City. Its buyer, Coastal Marina, is renaming it Margaritaville. [AP]
And you thought the bridge and tunnel influx on Saturday nights was bad.
• It's our first "apparent ocean drowning" of the summer. And our first "apparent buzzkill" for the Fourth of July. [NYDN]
• Across the Hudson, Donald Trump fumes at the possibility grandmas with buckets of quarters won't have a slot machine to stare at endlessly. [Reuters]
• People have jumped in front of our subway trains before, but surviving the hit? Failed suicide sucks. [amNY]
• Brooklyn gets its own Bob Marley Boulevard, which might have just a slightly better impact on property values than a street named after Martin Luther King Jr. [OTBKB]
• Construction workers have a little problem deciding what to do with themselves. [WABC]
• "Flip-flopper" takes on a whole new meaning in New York, but still mantains the "damage to your career" bit. [Reuters]
• Our parks are not as good as yours, so there. [NYP]
Editorial Director
