Atlantic City's Steel Pier Listed at $85M, Up from $4.25M Purchase Price
Atlantic City's historic Steel Pier amusement park has been put up for sale at an asking price of $85 million. The landmark was purchased by the Catanoso family approximately fourteen years ago for just $4.25 million. The property includes ocean development rights, which could open the door to significant future projects. Potential redevelopment options include entertainment venues or residential facilities.
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