​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

For the eye-catching price of eighty-five million dollars, Atlantic City’s Steel Pier, with its storied past, is now on the market. The landmark amusement park provides vast ocean development rights that could lead to exciting future ventures. Purchased by the Catanoso family for just four point two five million fourteen years ago, this beloved destination has the potential for redevelopment into vibrant entertainment or residential facilities.
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