TJM Agrees To Sell Atlantic Club

The  owner of the Atlantic Club, one of Atlantic City’s oldest shut casinos, has agreed to sell the property to a businessman with ties to the city.

Property documents filed with the county in January show that TJM, the Florida-based  Atlantic Club owner, reached an agreement to sell the property to Jeffrey Smolinsky and his company, North American Acquisitions.

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UPDATE: Atlantic Club Pays Tax Lien, Avoids Foreclosure

The owner of the Atlantic Club, facing a foreclosure filing, has paid off back-dated taxes and interest from 2017, according to one official familiar with the court proceeding. The tax liens on the aging former casino at the southern end of Atlantic City’s Boardwalk were worth almost $1 million.

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