ATLANTIC CITY, NJ—Billionaire investor Carl Icahn has acquired the home of Bob Guccione and Donald Trump nemesis Vera Coking 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 were never able to convince Coking to sell. The property sat in the shadow of the Trump Plaza Hotel and Casino for decades. Now both the casino and the Coking home are empty and the Coking residence is now getting readied for demolition, according to the Press of Atlantic City.
Vera Coking, who now lives in a retirement home in California, reportedly turned down a $1-million offer for her home from Guccione in the 1970s. The Penthouse publisher eventually scrapped plans to build a casino in Atlantic City and his property was later acquired 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.
