New York Property Firm with Talks to Purchase Shuttered Atlantic Club Modern casino
An exciting new potential customer of the shuttered Atlantic Nightclub has blossomed
A New York-based real estate inquiring firm has joined negotiations to obtain the closed Atlantic Driver Casino Hotel room in Atlantic City, localized news retailer the Press about Atlantic City reported with Wednesday citing information by company per se.
Advanced Visiting Inc. has become talking together with the closed property’ s user, TJM Homes of Street. Petersburg, The carolina area, to acquire their buildings and make it right into a non-gambling destination , Gemstone and crystal Lake, CHIEF EXECUTIVE OFFICER of the Brand new York-based housing firm, talked about on Wed.
The Ocean Club off doors for January 2014 to become the primary of four Boardwalk casino properties to go breast that time. It was subsequently purchased through Tropicana Celebration and Caesars Entertainment, with all the latter should control of the property and its buildings. Caesars bought the former casino resort to TJM for the absolute amount of $13. 5 million dollars . The particular transaction also included a behavior restriction the fact that aimed to avoid the Atlantic Driver to be used as a modern casino in future .
The Innovative Consulting CEO told often the Press about Atlantic City on Friday that “ do the job is being finished, and they are on heavy dialogue. ”