Route 40 (https://rtforty.com/category/news/atlanticcity/page/9/)
News and information for Atlantic City residents and visitors.
The casino formerly known as the Revel is under a “notice of settlement agreement of sale” to AC Ocean Walk, which is controlled by Denver-based developer Bruce Deifik.
Calls to Deifik and a lawyer for Revel-owner Glenn Straub were not immediately returned. Deifik is backing TEN, which has been trying to reopen the Revel since last year.
As the Stockton University and South Jersey Gas buildings have been rising a block away, there’s been some new interest in the closed bar on the corner of Harrisburg and Atlantic Aves in Atlantic City.
“The Boardwalk is for slow cruising only,” reads a new sign on the Atlantic City stretch of the Boardwalk, not far from Jackson Ave. The “Atlantic City Boardwalk Bike Riding Etiquette” sign is filled with other good advice too, such as to yield to pedestrians, walk bicycles through crowds and be prepared to stop. We at Route 40 are avid Boardwalk cyclists and we’re fans of the intention behind the sign. Even the wording is intelligible and straight-forward (leaving aside slow cruising double entendres). But there’s the rub.
Atlantic City’s Bungalow Park now has a new website and several videos that showcase the residential neighborhood, thanks to a grant from a New Jersey nonprofit that seeks to resell abandoned properties and “transform at-risk communities.”
The Casino Reinvestment Development Authority will pay Atlantic City up to $150,000 to purchase three houses on Belfield Avenue so that they can be demolished, according to an agreement on the city’s website. The agreement is part of a wider initiative by the city and CRDA to demolish abandoned properties. “The city and the Authority believe that the removal of certain nuisance and derelict properties in the Tourism District will advance the City’s clean and safe mission and repurpose particularly problematic properties within the district,” according to the agreement. The houses to be acquired and demolished are 1515, 1516 and 1517 Belfield Ave. A firefighter suffered minor injuries fighting a fire in the row homes earlier this year.
Most Atlantic City overdoses this year occurred in the Tourism District, according to an exclusive Route 40 analysis of the city’s 911 call data.
The Casino Reinvestment Development Authority is preparing to sell off some of its Atlantic City real estate holdings, according to documents filed on its website.
“The CRDA seeks an experienced professional firm to market and auction surplus real property owned by the Authority and no longer necessary for its operations,” says the request for proposal. The real estate to be auctioned off ranges from a half-block package in the Inlet with a valuation of $6 million, to a $300 non-buildable alley on North Massachusetts Ave.
A Pennsylvania-based brewery that secured $1 million in tax credits to move to Atlantic City is hoping to hold a grand opening in the city in the spring, DeWalt Brewing Company’s owner Chris DeWalt said.
Atlantic City’s tourism district is home to New Jersey’s biggest needle exchange. The Oasis Drop In Center on Tennessee Avenue gives out thousands more needles than are returned each week.
From the steps of Patricia Harper’s Bungalow Park duplex you can look across the street through the gap in the houses and count three former casinos—the Revel, the Showboat, the Trump Taj Mahal—that were worth, not so long ago, well over $3 billion in total.