Real Estate

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CRDA OK’s Updated Tourism District Master Plan in Atlantic City

Will the new Tourism District  Master Plan help attract business & development to Atlantic City? That’s the hope as the CRDA, Casino Reinvestment Development Authority, just ok’d a refreshed master plan. Why an updated master plan? First off, it’s common to do this at least once, every 10 years. Secondly, Atlantic City and the CRDA have…

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Stockton Wants Bader, Stadium & Rink for Atlantic City Expansion?

Will Stockton University expand it’s Atlantic City footprint? Bader Field might be in their sights. We like that idea. But does the State of New Jersey? If Stockton University were to acquire parts of Bader Field, it would fit nicely with their new campus, under construction and scheduled to open in the Fall of 018….

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Re-Invention of Atlantic City: Tennessee Ave Makeover

Can Atlantic City re-invent a once proud and prosperous Tennessee Ave?  Situated smack dab in the heart of downtown, Tennessee Ave. is a perfect parcel just off the Boardwalk. 81% of AC visitors walk by this block each day. Sadly, Tennessee Ave. features some of the least valuable beach block property in Atlantic City. After…

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CRDA Scorecard. The Good, Bad & Ugly for Atlantic City.

Atlantic City casinos pay a 1.25 percent tax (IAT) on gambling revenue to finance projects that the CRDA deems economically and socially worthwhile. Since 2011, the IAT, Investment Alternative Tax , was tweaked to primarily assist AC projects. No longer would these casino taxes be used for myriad projects thru-out the state of NJ. CRDA Mission –…

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New Jersey Realtors Prep for Atlantic City Trade Show & Awards

Thousands of agents, brokers and other real estate pros will descend upon the Atlantic City Convention Center, Dec 5-8. The Triple Play REALTOR Convention & Trade Expo is coming to town. It’s the largest real estate convention and trade show of its kind in the U.S. Jersey Shore Real Estate, Atlantic City, Ventnor & Ocean…

Bart Blatstein | Boardwalk | Business News | Featured News | Real Estate

Straub: Title Issues to Slow Garden Pier Sale to Blatstein?

Is developer Bart Blatstein prepared to build a “multifaceted entertainment destination with art, music and food” on Garden Pier? Or is the chief of Tower Investments just grabbing prime AC property on the cheap? Blatstein already grabbed the rights to collect rent from tenants on the pier connected to Caesars, also known as the horribly named…