In its first acquisition in New Jersey, the affordable-housing arm of Standard Cos. has purchased and will renovate Baltic Plaza Apartments, a 169-unit senior housing development in Atlantic City, in a $38 million deal. Standard Communities, part of New York City-based Standard Cos., bought 1313 Baltic Ave. in partnership with the U.S. Department of Housing and Urban Development and… Read more »
An entrepreneurial Detroit family that owns the Little Caesars pizza chain as well as a casino in the Motor City plans to acquire up to 50% ownership in the Ocean Casino Resort in Atlantic City, the seaside New Jersey gambling mecca that’s the nation’s second biggest gaming market. Luxor Capital Group, a New York City… Read more »
WCRE is proud to have exclusively represented South Jersey Legal Services in the long-term renewal and expansion of their 6,073 square foot office lease located at 1300 Atlantic Avenue in Atlantic City, New Jersey. South Jersey Legal Services chose to renew and expand at 1300 Atlantic Avenue due to its excellent location within the Atlantic City… Read more »
The congregation gathered early Wednesday at the Ducktown Tavern to deliver last rites for Trump Plaza, the once gilded, later decrepit former casino built by former President Donald Trump. In its final incarnation, 19 seconds of deliberate destruction, Trump Plaza took its place alongside Atlantic City’s most iconic symbols of failure, imploded during an Ash… Read more »
When Mayor Marty Small Sr. gave his first State of the City address last year, he laid out a number of robust plans for the resort. The one that got the loudest applause and a standing ovation, he said, was the eventual demolition of the former Trump Plaza Hotel & Casino, marking the end of… Read more »
Even if it were not the former Trump Plaza, with its pending implosion a tempting symbolic echo of the end of its namesake presidency, people would be interested, Atlantic City Mayor Marty Small Sr. insisted Thursday. But interest has been off the charts, he said, from all over the globe. Officials reluctantly canceled a high-profile… Read more »
The Atlantic City Convention Center ‘mega’ vaccination center is expected to open by the end of the month, state Department of Health officials said Tuesday afternoon. “An opening date for the Atlantic City has yet not been announced,” said Nancy Kearney, spokeswomen for the department. The facility was one of six sites in the state… Read more »
Atlantic City to auction chance to blow up a Trump casino ATLANTIC CITY, N.J. (AP) — One of President Donald Trump’s former Atlantic City casinos will be blown up next month, and for the right amount of money, you could be the one to press the button that brings it down. The demolition of the… Read more »
Atlantic City is slated to see a new college dorm building in the coming years, after local, state and university officials broke ground on a 135,000-square-foot dorm in what’s been dubbed the city’s “Chelsea neighborhood.” The 416-bed dwelling is slated for a fall 2023 completion. Its originally-scheduled March groundbreaking was delayed as the COVID-19 pandemic… Read more »
Stockton University has approved a long-term master plan that includes the expansion of its seaside satellite campus in Atlantic City, New Jersey, where it plans at least $154 million in new construction, as well as its main location in Galloway. The university unveiled its 138-page update to its master plan this week in order to… Read more »
