ATLANTIC CITY, NJ—Billionaire investor CarlIcahn has acquired the home of BobGuccione and Donald Trump nemesis VeraCoking at 127 S. Columbia Place here.
A subsidiary of Icahn, IEH Investments LLC paid$583,000 to acquire the old boarding home. Guccione and Trump werenever able to convince Coking to sell. The property sat in theshadow of the Trump Plaza Hotel and Casino for decades. Now boththe casino and the Coking home are empty and the Coking residenceis now getting readied for demolition, according to the Press ofAtlantic City.
Vera Coking, who now lives in a retirement home in California,reportedly turned down a $1-million offer for her home fromGuccione in the 1970s. The Penthouse publisher eventually scrappedplans to build a casino in Atlantic City and his property was lateracquired by Trump. See story in the Press of Atlantic City.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
