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After three years of battling local officials, a competing developer and financial obstacles, Donald Trump has dropped his controversial plan to develop a massive hotel, office and retail complex in Paramus, N.J.
A Trump attorney has told Paramus officials that the developer wants to withdraw his application to build Trump Centre - a 1.4 million-square-foot project that would have replaced an Alexander's Inc. department store at the intersection of Routes 4 and 17. Trump holds a 27-percent stake in Alexander's, which owns the site, although he has pledged that...