According to published reports, Trump, in talks with CherokeeInvestment Partners, the Raleigh, NC-based parent of EnCap, ispoised to do just that. A Trump spokesman has publicly confirmedthat discussions are under way, but could not be reached forfurther comment.

"Cherokee has invested millions of our own funds, helped toattract other private financing, and brought in the TrumpOrganization to lead the project's…operations," says Cherokee VPDavid O'Neill, in a statement. "[We are] very pleased with theTrump Organization's progress, and we want to do all that we can tosee this progress continue."

Facing cost overruns and delays in the remediation of the site,Cherokee brought Trump into the project in November. Theimmediate task facing Cherokee and Trump is a May 9 deadline set bythe state for EnCap's financial commitment and cleanup process tobe back on track with an estimated clean-up cost of $186 million.The project falls under the jurisdiction of the New JerseyMeadowlands Commission, a state agency.