Steel Pier Sold

The Steel Pier amusement complex in Atlantic City sold Aug. 3 for $4.25 million.

Trump Entertainment Group sold the facility to the Catanoso family and partners, operating as Steel Pier Associates LLC, which has leased the pier and run the park since 1993.

The landmark venue, opened in 1898, previously hosted the original Miss America Pageant and stars such as W.C. Fields, Mae West, Benny Goodman, Frank Sinatra and many others.

The facility was scheduled to be auctioned off Aug. 25.