Thursday, August 4, 2011

New Owners for the Steel Pier

Great news. Great news: the Steel Pier has a new owner, and it does not involve Donald Trump.

On Wednesday, Trump Entertainment sold the Steel Pier to, as the Press of AC calls them, "the Catanoso Family and Partners."

If you've followed this blog from the beginning, you know that I spent my summers in Avalon Campground, right off Route 9. It was owned then and is owned now by the same family: the Catanosos. The Steel Pier Catanoso owners are their cousins.

Anthony Catanoso, who is leading the group of new owners, used to head the company that leased the Steel Pier space from Trump. Now, they own it, which also prevents the pier from going up for auction.

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