A New Jersey family bought Atlantic City's historic Steel Pier for $4.25 million in 2011; 15 years later, the 5.2-acre amusement landmark is asking $85 million, with possibilities to redevelop it
- Atlantic City’s iconic Steel Pier is up for sale, offering a rare chance to buy an operating amusement park built over the Atlantic Ocean, along with the rights to extend the property much farther into the sea.
- The asking price is $85 million, according to a report by the New York Post.
- The nearly 1,000-foot-long pier sits directly across the boardwalk from the Hard Rock Hotel & Casino and covers roughly 5.2 acres.
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- Atlantic City’s iconic Steel Pier is up for sale, offering a rare chance to buy an operating amusement park built over the Atlantic Ocean, along with the rights to extend the property much farther into the sea.
- The asking price is $85 million, according to a report by the New York Post.
- The nearly 1,000-foot-long pier sits directly across the boardwalk from the Hard Rock Hotel & Casino and covers roughly 5.2 acres.
Sources: Times of India