Absecon’s Hi Point Pub forced to close, liquor license suspended indefinitely

Hi Point Pub Absecon NJ

The Hi Point Pub has closed after the state Division of Alcoholic Beverage Control indefinitely suspended its liquor license.

“After a series of alleged serious violations, Hi Point Pub was ordered to appear before the Division of Alcoholic Beverage Control on April 12, 2022, and show cause why their license should not be suspended,” said Lisa Coryell, public information officer for the New Jersey Attorney General’s Office, in a statement.

The bar, on top of a small hill at Shore Road and the White Horse Pike in Absecon, has been in business for more than 50 years, serving locals and highway travelers going to and from Atlantic City, the bar’s Facebook page says. It’s known by many to be open 24/7. The bar’s Facebook page makes no mention of the establishment being closed.

It now sits unattended, with a piece of paper taped to the front door notifying the public of its closure.

*Article courtesy of Press of Atlantic City

For more information about the Atlantic City market or about any other Atlantic City commercial properties for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Atlantic City commercial real estate broker that provides a full range of Atlantic City commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings, and other Atlantic City commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Atlantic City market properties for lease or sale through our Atlantic City commercial real estate brokerage firm.

Atlantic City Tropicana Casino-Hotel To Welcome Eight New Restaurants, Lounges

As part of Caesars Entertainment’s $400 million revamp of its Atlantic City properties, its Tropicana casino-hotel will be adding eight new dining and entertainment options starting this summer.

The Tropicana Atlantic City at 2831 Boardwalk,one of three hospitality sites that Caesars owns at the seaside gambling mecca, also said on Thursday that it will be adding enhancements to its gaming offerings.

The dining and gambling upgrades are part of the previously announced commitment by Caesars, based in Reno, Nevada, to invest $400 million in its Atlantic City resorts — Caesars Atlantic City and Harrah’s Resort Atlantic City as well as the Tropicana — by 2023. Eight of the 14 new restaurants and fast-casual concepts debuting at those Caesars properties this year will be at the Tropicana.

Caesars is doubling down on its commitment to the market “by raising the bar this year, introducing new dining, entertainment, and gaming experiences to our guests at Tropicana Atlantic City,” John Koster, regional president for the company’s Eastern division, said in a statement.

*Article courtesy Costar

For more information about the Atlantic City market or about any other Atlantic City commercial properties for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Atlantic City commercial real estate broker that provides a full range of Atlantic City commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings, and other Atlantic City commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Atlantic City market properties for lease or sale through our Atlantic City commercial real estate brokerage firm.

Ramsay’s Hell’s Kitchen will open at Caesars A.C. this summer

Atlantic City’s culinary scene will get a lot hotter this summer as the most popular chef in the world — Gordon Ramsay — will open Hell’s Kitchen at Caesars Atlantic City.

“I’m very excited to announce that I’ll be opening my third restaurant in Atlantic City — Gordon Ramsay Hell’s Kitchen,” Ramsay says in this exclusive for Atlantic City Weekly. “Atlantic City and visitors throughout the tri-state have been so supportive of Gordon Ramsay Steak and Gordon Ramsay Pub & Grill, so I look forward to having them experience another one of my signature concepts.”

Modeled after the popular Fox television series in which two teams of chefs battle each other in red and blue kitchens until one chef ultimately becomes Ramsay’s next apprentice, this is the first Hell’s Kitchen on the East Coast. The original opened in January 2018 in Las Vegas at Caesars Palace and became one of the most popular restaurants in the city and is still difficult to get into during Vegas’ peak months. The original spawned other Hell’s Kitchen locations in Lake Tahoe and Dubai, and others are also being built in Washington, D.C., Chicago and Miami.

*Article courtesy Atlantic City Weekly

For more information about the Atlantic City market or about any other Atlantic City commercial properties for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Atlantic City commercial real estate broker that provides a full range of Atlantic City commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings, and other Atlantic City commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Atlantic City market properties for lease or sale through our Atlantic City commercial real estate brokerage firm.

Atlantic City Redevelopment Agency Gets New Executive Director

A veteran insurance official has been named executive director of the Casino Reinvestment Development Authority, a New Jersey state agency tasked with promoting redevelopment in Atlantic City.

Gov. Phil Murphy announced the appointment of Sean Pattwell on Thursday, two days after the CRDA’s board unanimously approved his selection. 

Pattwell is the permanent replacement for Matthew Doherty, who left the CRDA on Jan. 28 after a stint that started in 2018. Monica de los Rios had been serving as an interim replacement for Doherty.

*Article courtesy of Costar

For more information about the Atlantic City market or about any other Atlantic City commercial properties for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Atlantic City commercial real estate broker that provides a full range of Atlantic City commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings, and other Atlantic City commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Atlantic City market properties for lease or sale through our Atlantic City commercial real estate brokerage firm.

Bally’s Atlantic City’s Commitment to Bring A Whole New Experience to AC Is Now A Reality

Ocean Casino, Atlantic City, NJ

Bally’s Atlantic City’s commitment to revitalizing the casino resort is evident with the announcement of its new indoor/outdoor entertainment venue.  After recently announcing over $100 million of planned renovations including new hotel rooms, Bally’s Atlantic City has begun construction for The Yard which will debut in early summer 2022. The Yard, is nestled between the Dennis Towers, is over 10,000 square feet with 5,000 square feet of new construction.

“Atlantic City deserves a beautiful attraction and there is no better place than the center of the boardwalk at Bally’s Atlantic City.  Many of us remember the iconic Dennis Hotel’s towers photo that has appeared so many times, and now we are bringing energy to this space like never before,” said Phil Juliano, Executive VP of Casino Operations & Chief Marketing Officer at Bally’s Corporation.

*Article courtesy of AC Chamber

For more information about the Atlantic City market or about any other Atlantic City commercial properties for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Atlantic City commercial real estate broker that provides a full range of Atlantic City commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings, and other Atlantic City commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Atlantic City market properties for lease or sale through our Atlantic City commercial real estate brokerage firm.

Beyond Blatstein: These 12 new Atlantic City projects could be game changers beginning this summer.

Atlantic City, Margate

A lot of people roll into Atlantic City touting the next game changer.

Like developer Bart Blatstein, whose $100 million water park broke ground in January alongside Showboat, with all the usual Blatstein high-heeled hoopla and publicity, and the promise of a 2023 opening.

But in the meantime, there are other, quieter, game changers in the works. As Atlantic City Mayor Marty Small Sr. said in his recent rousing call-and-response State of the City address delivered in a Caesars Hotel ballroom, not all of them have to change the game that much to make a difference.

*Article courtesy of the Inquirer

For more information about the Atlantic City market or about any other Atlantic City commercial properties for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Atlantic City commercial real estate broker that provides a full range of Atlantic City commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings, and other Atlantic City commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Atlantic City market properties for lease or sale through our Atlantic City commercial real estate brokerage firm.

Vacant Atlantic City airport could become car lovers’ dream

The airplane made Atlantic City’s Bader Field famous, but it could be the automobile that resurrects it.

A $2.7 billion recreational, residential and retail project aimed at car lovers is being proposed for the historic but vacant former site of the first U.S. aviation facility to be called an “airport.”

DEEM Enterprises, a company based in both Los Angeles and Atlantic City, wants to build the project near the oceanfront and the city’s casino-laden skyline.

*Article courtesy of Fox Business

For more information about the Atlantic City market or about any other Atlantic City commercial properties for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Atlantic City commercial real estate broker that provides a full range of Atlantic City commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings, and other Atlantic City commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Atlantic City market properties for lease or sale through our Atlantic City commercial real estate brokerage firm.

State Hasn’t Named a Successor Yet To Lead Atlantic City Reinvestment Authority

Ocean Casino, Atlantic City, NJ

The state of New Jersey hasn’t named a replacement yet for the executive director of the Casino Reinvestment Development Authority, who is leaving that agency in Atlantic City effective Jan. 28.

Matthew Doherty, a former mayor of Belmar, New Jersey, and previously a financial adviser, took over as executive director of the CRDA in 2018. During his four-year tenure, Doherty worked to address food insecurity and bring more health care options into the city. Most recently, he brought a ShopRite supermarket project to fruition with a groundbreaking held this past November. The mandate was to expand the city’s economy beyond gambling.

*Article courtesy of Costar

For more information about the Atlantic City market or about any other Atlantic City commercial properties for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Atlantic City commercial real estate broker that provides a full range of Atlantic City commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings, and other Atlantic City commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Atlantic City market properties for lease or sale through our Atlantic City commercial real estate brokerage firm.

Atlantic City’s Reinvention Progresses With Start of $100 Million Water Park Project

It was a chilly 34 degrees outside, but developer Bart Blatstein threw a beach party to kick off construction of his delayed $100 million project in Atlantic City, New Jersey. In a large tent right off the seaside vacation spot’s famous boardwalk, waitresses in thong bikinis and waiters in swim trunks served drinks. A near-naked model in body paint walked among the packed crowd of attendees. Youths cavorted in a small pool in the corner of the room. A scruffy-looking band played.

Blatstein, founder and CEO of Philadelphia-based Tower Investments, made a big splash Wednesday to herald the coming of Island Waterpark, which is being built in an empty lot adjacent to the developer’s noncasino hotel, The Showboat, at 801 Boardwalk.

The massive family-oriented water park — a 103,000-square-foot, year-round indoor facility with a retractable roof — is part of a pipeline of projects that have finally come to fruition and are now underway in Atlantic City, the East Coast’s gambling mecca.

The water park and at least one other development, the construction of a ShopRite supermarket — for a city that’s been without a full-fledged grocery store for years — are nongaming related, and are expected to help diversify and boost the local economy. Some of the other work underfoot in the Garden State beachfront venue, which faces competition from Pennsylvania and Connecticut, aims to modernize and add amenities to its existing casino hotels.

*Article courtesy of Costar

For more information about the Atlantic City market or about any other Atlantic City commercial properties for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Atlantic City commercial real estate broker that provides a full range of Atlantic City commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings, and other Atlantic City commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Atlantic City market properties for lease or sale through our Atlantic City commercial real estate brokerage firm.

A tax relief bill for Atlantic City casinos goes to Gov. Murphy. Thousands of jobs could be on the line.

TRENTON, N.J. — A bill that would give tax relief to Atlantic City’s casinos — and possibly prevent the closure of as many as four of them — is now in the hands of New Jersey’s governor.

The state Legislature passed a bill shortly before midnight Monday making changes to an existing law enabling the nine casinos to make payments in lieu of property taxes to Atlantic City, Atlantic County and the school system.

It now goes to Democratic Gov. Phil Murphy, who said Monday that the approach and direction of the bill “are all good by me.”

“I hope the governor signs it as quickly as possible,” said Steve Sweeney, the outgoing Democratic president of the state Senate.

*Article courtesy of Philadelphia Inquirer

For more information about the Atlantic City market or about any other Atlantic City commercial properties for sale or lease, please contact WCRE at 856-857-6300.

Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Atlantic City commercial real estate broker that provides a full range of Atlantic City commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings, and other Atlantic City commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Atlantic City market properties for lease or sale through our Atlantic City commercial real estate brokerage firm.