Icahn Revealed as Auction Mystery Buyer


ATLANTIC CITY (Press of Atlantic City) — Carl Icahn has done what Donald Trump and Bob Guccione could not. The billionaire investor and casino mogul has emerged as the mystery buyer for one of the most storied properties in Atlantic City. Real estate records show that Icahn subsidiary IEH Investments LLC paid $583,000 to acquire an old boarding home owned by the family of longtime Trump and Guccione nemesis Vera Coking. Coking, an elderly widow, made headlines for decades in her legendary fight to keep Guccione and then Trump from snatching her property at 127 S. Columbia Place for their casino projects. Guccione and Trump could never meet her asking price. In some circles, that made Coking an obstructionist, while others celebrated her tenacity in holding off two powerful businessmen who usually got what they wanted.  

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