The Casino Reinvestment Development Authority and the Revel’s holding company have settled a dispute over unpaid tourism-district fees that led to CRDA filing a lien on the shuttered casino property at the northern end of the Boardwalk in May.
Documents filed with the Atlantic County Clerk show the lien tied to the dispute over $64,604.30 in unpaid 2015 Special Improvement District Assessments was discharged on June 30.
Reports of a possible sale of the Revel have swirled in the last few weeks. The Press of Atlantic City reported that a $220 million offer for the property was made earlier this month.
Revel’s owner Glenn Straub last year leased the property to a group of developers who rebranded it as TEN. Plans to reopen the property this year foundered, however, when the Casino Control Commission denied Straub a casino license.
A lawyer for Straub in Florida did not respond to messages seeking comment on his plans. Messages left with a TEN executive and a spokeswoman for the CRDA were not immediately returned.