Before Thursday's deadline for the sale of Trump Marina came and went, the possibility that the plan to turn the beleagured hotel-casino complex into a Margaritaville-themed adult playground would succeed appeared remote at best. But words from the head of the Marina's potential buyer suggest a reason to be optimistic.
"I remain fully committed to our Margaritaville concept and very bullish on the long-term outlook for Atlantic City," said Richard Fields, chairman of New York-based Coastal Marina LLC in a statement released to the media.
If Fields means it, this is great news. Given the format and apparent success of the Mararitaville brand (owned by singer-songwriter Jimmy Buffett), the marriage between Margaritaville--which celebrates the kind of hedonsim that is a gambling destination's lifeblood--and what is arguably Atlantic City's most downtrodded--but potential-filled-- property could provide the kind of jump start the city desperately needs.