<P> The Taj Mahal came to the brink of closure in 2014 as its parent company went through bankruptcy, but ultimately remained open under the new ownership of Icahn Enterprises . On August 3, 2016, it was announced that the Trump Taj Mahal would close after Labor Day, because of casino workers on strike . It was closed on October 10, 2016 . </P> <P> On March 1, 2017, the Seminole Tribe of Florida through its Hard Rock International brand, and the Morris and Jingoli families, announced its purchase of the facility and conversion to the Hard Rock Hotel and Casino brand . </P> <P> Construction of what was originally known as the Taj Mahal commenced in 1983 by Resorts International, owner of the neighboring Resorts Casino Hotel, with an estimated budget of $250 million . Resorts head James Crosby said it might be named the United States Hotel, in reference to the city's first major hotel . </P> <P> After Crosby's death in April 1986, Resorts International became a takeover target . The Taj Mahal had encountered construction problems, and Crosby's heirs, lacking experience in large development projects, doubted their ability to complete it successfully . Donald Trump, who owned two other Atlantic City casinos, beat out several other bidders to purchase a controlling stake in the company for $79 million in July 1987 . Trump was appointed chairman of Resorts International, and said he would complete the Taj Mahal in about a year . </P>

When was the taj mahal built in atlantic city