The $400 million, of course, is the cash infusion that wouldcome from a Credit Suisse First Boston's DLJ Merchant BankingPartners III, a private equity fund, announced recently as part ofa plan to take the ailing casino/hotel operator into and then outof a bankruptcy restructuring. The plan is to reduce Trump's$1.8-billion debt load and give it some cash to upgrade itsproperties here. The agreement, as reported, will also turn DonaldTrump from CEO and majority owner into chairman and minorityshareholder of the company that bears his name.

The most ambitious proposal unveiled yesterday is to build a42-story, 1,250-key tower as a twin to the existing hotel towerthat would effectively double the Trump Taj Mahal's guest roomcapacity and, at least temporarily, make it the largest hotel here.According to company officials, the tower would rise on aTrump-owned site adjacent to the existing hotel, and the twobuildings would be tied together by a new retail mall.

The plans, which are very preliminary, according to Trumpofficials, also call for 70,000 sf of new convention space, whichwould boost the property's meeting space to close to 220,000 sf.Trump hopes to be in the ground in the first half of next year, andto have the expansion completed by the middle of 2007. Companyofficials declined to put a price tag on the project just yet,pending final plans.

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