CRDA To Auction $15 Million Of Banked Atlantic City Real Estate

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.

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Bungalow Park: The Daily Grind in the Shadow of a Dying Industry

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.

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Local Groups Come Together To Transform Former AC School Site

Two nonprofits, the Catholic church, a development company and a casino are all coming together to refurbish a former school in Atlantic City. It might sound like an odd alliance but transforming the former St Michael’s school into a useable space almost three decades after it closed is turning out to be a little tougher than expected.

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Producers Raise Funds to Film “48 Blocks – The Series” in Atlantic City

A Ventnor-based team of producers is hoping to shoot a one-hour dramatic series in Atlantic City this fall. Little Rock Films + Studios is fundraising to pay for a pilot episode that would be filmed in the city in November and offered to networks after post-production next year.

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Behind the Scenes of AC’s Tennessee Avenue Redevelopment

We took a tour of the work being done on the beach block of Tennessee Avenue in Atlantic City last week, to check out progress on buildings that will house three new businesses and a non-profit. The so-called Tennessee Avenue Renaissance Project consists of a dozen properties on the Inlet side of the street. The developers will be opening a coffee shop, a beer hall, a non-profit yoga studio and a chocolate bar in the first phase of the project this fall. The beer hall, named ‘The Ten’, is the largest space on the block, next to two vacant lots that will be transformed into an outdoor beer garden. A back room at the beer hall will feature pinball, pool tables and other games.

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