Blatstein’s PierAC, Norcross & CRDA, Opioid Antidote – Monday’s Roundup

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Blatstein’s PierAC
Philadelphia developer Bart Blatstein borrowed more than $30 million at the start of last year and he has made a string of purchases since, including Garden Pier at the northern end of the Boardwalk. A sign on Garden Pier’s locked gate says “PierAC – Coming July 2017” but there is no sign of any development. We called Blatstein to ask about his plans. SPOILER ALERT – he didn’t say a whole lot, but if you’re interested in Atlantic City developments, read our exclusive.

Norcross CRDA Contract
In another revealing look at how the state uses casino taxes (and debt financing backed

Photo of Lake Lenape via @darleenstamps on Instagram.

by those taxes), Amy Rosenberg reports for The Philadelphia Inquirer on an insurance contract that the Casino Reinvestment Development Authority awarded to George Norcross’ Conner Strong & Buckelew, in spite of paperwork irregularities. CRDA, which has seen a chunk of its funding diverted to shore up Atlantic City’s budget, supported its selection of the Norcross firm. For more, read our reporting on CRDA’s decision to award thousands in back pay to board members, the Authority’s pay raises to a third of its staff after it cut more than a dozen jobs, and the impending state audit that has taken longer-than-expected.

Opioid Antidote
Governor Chris Christie on Friday signed a law that will boost access to naloxone or Narcan, which can work as an antidote to opioid overdoses. Under the new law, more pharmacies will be able to offer Narcan without a prescription. NJSpotlight has the details.

In the rest of the news from the weekend and this morning, find out more about this week’s two-day Millville photo and video event, read our report from the Brown Park double dutch contest, there’s a Wall Street Journal story on Atlantic City (behind a paywall), the state increased the Atlantic City Fire Department’s work week by 14 hours with less than 48 hours’ notice, the Garden State’s solar sector is expanding (still), and NJ Rep Tom MacArthur raised more than $800,000 after President Trump helped tee off his golf fundraiser this weekend. All that and more below.

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