Home Blog Page 3

Atlantic City turns to Asbury Park for redevelopment advice | Local News

0

This includes the Bourré restaurant at 201 S. New York Ave., and plans for additional large projects in the neighborhood.

During Tuesday’s tour, Fasano and other speakers from Asbury Park highlighted the role music played in revitalizing the city.

Later that day, the group took to iconic venues like the Stone Pony and the Wonder Bar, where Bruce Springsteen and so many other musicians honed their skills in the late 1960s. 1970s sparked a radical change in the city. In the 1980s, there were few companies left.

Several speakers at a lunch meeting on Tuesday said concerts and concert halls were the driving force in attracting visitors to Asbury Park.

Atlantic City Mayor Marty Small Sr., who has joined the tour, said the redevelopment will always involve copying what works.

The countdown to the closure of the complex’s syringe access program has officially started.

“When people see success, they like to replicate it,” he said. “There are so many vacant lots in the big city of Atlantic City. Some of them just sit there. We have speculators waiting for a billion dollars to arrive. “

Doherty said Atlantic City is in a better position to make the redevelopment work.

“Just walk around here and you can see what Asbury Park has been up to. And they did it without casinos, without a university, without a hospital system, ”he said. “There’s one place along the Jersey Shore with acres of vacant land still vacant along the waterfront, and that’s Atlantic City.”


Source link

Atlantic City betting on diversification – Business Observer

0

An Atlantic City casino industry that was already facing headwinds from increased competition in the 2010s is facing new pandemic challenges this decade that underscore the need for greater economic diversification.

While the volume of casinos has started to rebound of late, revenue from in-person visits has declined 9.7% in the first eight months of the year, compared to the same period in 2019, according to data. recent from the New Jersey Division of Gaming Enforcement (DGE). Employment at Atlantic City’s nine casinos is also down nearly 6,000 jobs from summer 2019 levels, according to the latest CEO employee report from July.

It also gets worse once you zoom out.

Jane Bokunewicz, coordinator of the Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism at the University of Stockton, noted that despite recent gains in traffic at casinos, non-gaming resort amenities such as accommodation, restaurants, shopping and entertainment have been much slower to regain strength. Casino hotels have been largely hampered by losses in live conferences, meetings and trade shows, which Bokunewicz says will likely be the last to fully recover from the health crisis.

“As health concerns ease, efforts to expand Atlantic City’s resort product beyond gaming should bear fruit as visitors seek in-person experiences and resume group gatherings,” Bokunewicz said. “However, to take advantage of a truly diverse economy – one that is even more resilient to impacts on the gaming, hospitality and tourism industry – Atlantic City will need to cultivate businesses that are completely independent of seasonal visitors.”

The COVID-19 pandemic struck as Atlantic City was in the midst of a five-year state takeover that took effect in November 2016 under the Municipal Stabilization and Recovery Act signed by the government of the day. Chris Christie following a near default in the city’s debt. Under state intervention, Atlantic City successfully settled $ 137 million in casino tax appeals owed to Bally’s Corp., Caesars Entertainment, Golden Nugget Hotels & Casinos, Harrah’s Entertainment and the Tropicana, as well as at the Trump Taj Mahal and Trump Plaza, through $ 72 million. municipal bonds issued under the New Jersey credit enhancement program.

In brighter times, a dozen thriving casinos fueled Atlantic City’s economy. Then, new competitors in the surrounding northeast, such as the Sands Casino Resort Bethlehem in Pennsylvania, began to take on the Jersey Shore gambling destination.

The 2008 financial crisis did not help. Five casinos closed between 2014 and 2016 before the seaside town reduced the total number of its gambling properties to nine in June 2018, with the opening of the Hard Rock Hotel & Casino Atlantic City and the Ocean Casino Resort.

Ben Dworkin, director of the Rowan Institute for Public Policy and Citizenship at Rowan University, said it will take time for Atlantic City to regain its pre-pandemic position with casinos and hospitality. He said the city should, however, receive a boost from the League of Municipalities of New Jersey which chose to hold its annual conference at the Atlantic City Convention Center and Jim Whelan Boardwalk Hall in November after hosting an event. virtual last year.

“It’s significant that the League of Municipalities, which is hosting one of the biggest conventions of the year, is returning to Atlantic City,” said Dworkin. “We’ll see if the attendance is the same as it was before the pandemic and the league is establishing their own COVID protocols, but they can go to restaurants and spend the money, and that’s part of the rebuilding.”

Just last week, the New Jersey Cannabis Convention, for those working in the cannabis cultivation niche, announced that it will be held for two days in October at the Showboat Hotel in Atlantic City.

Prior to the pandemic, Atlantic City had begun to expand its business activities beyond traditional gaming, including hosting an 85,450 square foot Bass Pro Shops outpost and a 16,000 square foot mixed-use development of BET Investments in next to the Promenade Hall. South Jersey Gas has also built offices next to a new University of Stockton satellite campus which debuted in 2018 and is home to the school’s hospitality program.

The main Stockton campus, located in the neighboring township of Galloway, has proactively tried to improve Atlantic City’s economy since it arrived three years ago. This included signing an agreement in June with the New Jersey Economic Development Authority (NJEDA) to establish an esports innovation center on its new waterfront campus with the goal of making Atlantic City a hub for the growing industry.

Joshua Garay, real estate broker and founding director of JSG Realty in Manhattan, which represents the owners of the closed Atlantic Club Casino, said Stockton’s $ 500 million investment in its neighboring campus was a positive factor for stimulate demand for new development opportunities. . He said the property he now markets at 3400 Pacific Avenue, which was originally developed by Steve Wynn in 1980, is attracting major interest from multi-family developers looking to create new condos or homes for luxury elderly.

“We have responded to calls from luxury housing companies, senior housing companies and residential developers all looking to buy the property,” Garay said. “There is also a strong demand for condo developments on the Jersey Shore as buyers look to escape the cities and spend more time working remotely from a beachfront location.”

Garay added that Atlantic City should not seek to add more casinos, given the increase in online options now available for gambling and sports betting.

Another offer to boost Atlantic City’s non-casino economy is developer Bart Blatstein’s plan for a $ 100 million indoor water park on land adjacent to the Showboat, which he acquired in 2016 for $ 23 million. dollars. The Atlantic County Improvement Authority plans to issue $ 95 million in municipal bonds to jumpstart the project, which was hampered by delays during the pandemic.

Bokunewicz said attracting more business development in areas such as healthcare, education and green energy would help attract more full-time residents to Atlantic City, which has seen its population drop by 2, 7% in the 2020 US Census, compared to 2010, at 38,497.

She noted new business investment near the boardwalk before the pandemic, coupled with the city’s popular concert series and the debut of American Basketball. The Association’s Atlantic City Seagulls franchise gives hope for a sunnier economy which, in turn, will lead to future real estate development.

“While the pandemic has in some ways slowed that momentum, it hasn’t stopped it,” Bokunewicz said. “These advancements have the potential to further perpetuate a development cycle for the city – one that the city is uniquely positioned to capitalize on as one of the few coastal towns in the northeast with an inventory of vacant properties and underused ready to be refitted. “

Andrew Coen can be contacted at acoen@commercialobserver.com.


Source link

Atlantic City Restaurant Week returns for a brand new season in 2021 | To eat

0

Even the desserts are unique, including Yogurt Nutella Cake, or Cucina Rustica’s famous Vanilla Bread Pudding.

Valentina’s is located at 200 Tilton Road, Northfield. Call 609-380-2466 or visit ValentinasNJ.com.

PJ Buckets SeafoodOne of the newcomers this year to RW, PJ Buckets Seafood offers both lunch and dinner, and with seafood prices as they are right now, RW is a big deal at PJ Buckets.

For lunch or dinner, diners have a choice of soup, an application of Cajun crawdad, a sample of mussels, half a dozen steamers, or fried clam strips.

For dinner, there’s the lobster mac and cheese, Cajun crawdad mac and cheese, or shrimp mac and cheese; a Crawdad tail roll; or boil 1 pound shrimp; or lobster tail or Crawdad / scallops or shrimp skewer.

Dinner choices include at least five styles of boils with crayfish, shrimp, snow crab or blue claw crab, Andouille sausage, corn, potatoes, onions and bread corn or an AC roll.

And finish with a “Salty Sunshine” or a freshly baked cookie.

PJ Buckets is located at 115 N. Dorset Ave., Ventnor. Call 609-246-6700 or visit PJBuckets.com.

The list

Below is the full list of restaurants participating in Restaurant Week:

A touch of Italy (Dinner available from Sunday to Friday)

6629 Black Horse Pike, Township of Egg Harbor

609-646-1855

Amada (Dinner available from Sunday to Tuesday and from Thursday to Friday)

Ocean Casino Resort, 500 Boardwalk, Atlantic City

609-783-8000

American bar and grill (Dinner available Sunday-Tuesday and Friday)

Borgata Hotel Casino & Spa, 1 Borgata Way, Atlantic City

609-317-1000

American Cup (Dinner available Monday to Friday)

Ocean Casino Resort, 500 Boardwalk, Atlantic City

609-783-8000

Angeline by Michael Symon (Dinner available Sunday and Wednesday-Friday)

Borgata Casino Hotel & Spa, 1 Borgata Way, Atlantic City

609-317-1000

Atlantic City Campaign Club (Lunch and dinner available from Sunday to Friday)

900 Shore Road, Northfield

609-236-4400

Back Bay Ale House (Lunch and dinner available from Sunday to Friday)

800 N. New Hampshire Ave., Atlantic City

609-449-0006

Bar 32 Chocolate (Dinner available Sunday and Wednesday-Friday)

121 S. Tennessee Ave, Atlantic City

609-517-7372

Blue water grid (Dinner available Sunday to Monday and Thursday to Friday)

60 N. Maine Ave., Atlantic City

609-343-7447

Breadsticks Café & Grill (Lunch and dinner available from Sunday to Monday and from Thursday to Friday)

Resorts Casino Hotel, 1133 Boardwalk, Atlantic City

609-344-6000

Capriccio (Dinner available Sunday and Wednesday-Friday)

Resorts Casino Hotel, 1133 Boardwalk, Atlantic City

609-340-6300

Careme restaurant (Lunch available from Monday to Thursday)

Cap Atlantique Community College

5100 E. Black Horse Pike, Mays Landing

609-343-4940

House of Cards (Dinner available Sunday and Wednesday-Friday)

Golden Nugget Atlantic City, 600 Huron Ave, Atlantic City

609-441-2000

Chelsea Five Gourmet Restaurant (Lunch available Monday and Thursday to Friday; Dinner available Sunday and Thursday)

Tropicana Atlantic City, 2831 Boardwalk, Atlantic City

609-340-4090

Cuba Libre restaurant and rum bar (Dinner available from Sunday to Friday)

Tropicana Atlantic City, 2831 Boardwalk, Atlantic City

609-348-6700

Dock oyster house (Dinner available from Sunday to Friday)

2405 Atlantic Avenue, Atlantic City

609-345-0092

Dolce Mare (Dinner available Sunday to Monday and Thursday to Friday)

Ocean Casino Resort Atlantic City, 500 Boardwalk, Atlantic City

609-783-8000

Steakhouse and bar Dougherty (Lunch and dinner available from Sunday to Friday)

Resorts Casino Hotel, 1133 Boardwalk, Atlantic City

609-340-6555

Eastwind Restaurant (Lunch and dinner available from Sunday to Friday)

Resorts Casino Hotel, 1133 Boardwalk, Atlantic City

609-340-6300

FanDuel Sportsbook (Lunch available from Sunday to Friday)

Bally’s Atlantic City Hotel & Casino, 1900 Pacific Ave., Atlantic City

609-236-6140

Fred & Ethel Lamp Tavern (Lunch and dinner available from Monday to Friday)

1 N. New York Road, Smithville

609-652-0544

Freddy J’s Bar & Kitchen (Lunch and dinner available from Sunday to Friday)

5698 Somers Point Road, Mays Landing

609-829-2585

Girasole Ristorante (Dinner available from Sunday to Friday)

3108 Pacific Ave. Atlantic City

609-345-5554

Gordon Ramsay Pub & Grill (Dinner available from Sunday to Friday)

Caesars Atlantic City, 2100 Pacific Ave., Atlantic City

609-348-4411

Gordon Ramsay Steak (Dinner available Sunday and Wednesday-Friday)

Harrah’s Resort Atlantic City, 777 Harrah’s Blvd., Atlantic City

609-441-5000

Italian Restaurant Grotto (Dinner available from Sunday to Tuesday and Friday)

Golden Nugget Atlantic City, 600 Huron Ave. Atlantic City

609-441-2000

Chophouse by Guy Fieri (Dinner available Sunday-Tuesday and Friday)

Bally’s Atlantic City, 1900 Pacific Ave., Atlantic City

609-349-2300

Il Mulino Trattoria (Dinner available from Sunday to Thursday)

Hard Rock Hotel & Casino Atlantic City 1000 Boardwalk, Atlantic City

609-449-6004

He verdi (Dinner available Sunday and Thursday)

Tropicana Atlantic City, 2831 Boardwalk, Atlantic City

609-340-4000

Izakaya (Dinner available Sunday to Monday and Thursday to Friday)

Borgata Hotel Casino & Spa, 1 Borgata Way, Atlantic City

609-317-1000

Jerry Longo’s Meatballs and Martinis (Dinner available Sunday and Wednesday-Friday)

Bally’s Atlantic City Hotel & Casino, 1900 Pacific Ave. Atlantic City

609-340-2000

Kuro (Dinner available from Sunday to Monday and Friday)

Hard Rock Hotel & Casino Atlantic City, 1000 Boardwalk, Atlantic City

609-441-0007

Kwi Noodle House (Dinner available from Sunday to Friday)

Caesars Atlantic City, 2100 Pacific Ave. Atlantic City

609-348-4411

Lillie’s Asian cuisine (Lunch and dinner available Sunday and Thursday-Friday)

Golden Nugget Atlantic City, 600 Huron Ave., Atlantic City

609-441-2000

Linwood Country Club (Lunch and dinner available from Sunday to Friday)

500 Shore Road, Linwood

609-927-6134

by Martorano (Dinner available Sunday-Tuesday and Friday)

Harrah’s Resort Atlantic City, 777 Harrah’s Blvd. Atlantic City

609-441-5000

The Metropolitan (Lunch available Sunday-Tuesday and Friday)

Borgata Hotel Casino & Spa, 1 Borgata Way, Atlantic City

609-317-1000

Mexico Restaurant & Bar (Lunch and dinner available from Sunday to Friday)

3810 Ventnor Avenue, Atlantic City, NJ 08401

609-344-0366

Michael Patrick Brewery (Lunch available from Sunday to Friday)

Golden Nugget Atlantic City, 600 Huron Ave., Atlantic City

609-441-2000

Italian steakhouse from Nero (Dinner available from Wednesday to Friday)

Caesars Atlantic City, 2100 Pacific Ave. Atlantic City

800-348-4411

Noodles of the world (NOW) (Lunch available from Sunday to Friday)

Borgata Hotel Casino & Spa, 1 Borgata Way, Atlantic City

609-317-1000

PJ Buckets Seafood (Lunch available Sunday and Friday; dinner available Sunday-Monday and Thursday-Friday)

115 N. Dorset Ave. Ventnor, NJ 08406

609-246-6700

Rhythm & Spirits (Dinner available Sunday and Wednesday-Friday)

129 S. Tennessee Ave. Atlantic City

609-248-6960

Rum Point Crab House (Dinner available Sunday and Friday)

Harrah’s Resort, 777 Harrah’s Blvd, Atlantic City

609-441-5000

Ruth’s Chris Steak House (Dinner available from Sunday to Friday)

2020 Atlantic Avenue Atlantic City

609-344-5833

Ryfe Bar Restaurant and events (Lunch and dinner available from Sunday to Friday)

4101 Atlantic Avenue Atlantic City

609-428-6993

Sandpiper Coastal Bar & Grill (Dinner available Sunday to Monday and Thursday to Friday)

Hard Rock Hotel & Casino Atlantic City, 1000 Boardwalk, Atlantic City

609-441-0007

Afghan French cuisine from Setaara (Dinner available from Wednesday to Thursday)

2322 Arctic Ave. Atlantic City

609-246-7704

Smithville Inn (Dinner available from Sunday to Friday)

1 N. New York Road, Smithville

609-652-7777

Tennessee Avenue Beer Hall (Lunch and dinner available from Sunday to Friday)

133 S. Tennessee Ave., Atlantic City

609-541-4099

Topgolf Swing Suite (Dinner available Sunday and Wednesday-Friday)

Ocean Resort Casino, 500 Boardwalk, Atlantic City

609-783-8000

The Italian bistro of the 1920s (Dinner available from Sunday to Friday)

The Claridge Hotel, 123 S. Indiana Ave. Atlantic City

609-487-4373

Valentina’s Trattoria Italiana (Dinner available from Sunday to Friday)

200 Tilton Road, Northfield

609-380-2466

Vik & Anthony’s Steakhouse (Dinner available Monday to Friday)

Golden Nugget Atlantic City 600 Huron Avenue Atlantic City

609-441-2000

Wicked & Holy (Dinner available from Sunday to Tuesday and from Thursday to Friday)

Ocean Casino Resort Atlantic City, 500 Boardwalk, Atlantic City

609-783-8000

Atlantic City Water Dog (Lunch and dinner available from Sunday to Friday)

Bally’s Hotel and Casino, 1900 Pacific Ave. Atlantic City

609-246-7993

Wingcraft kitchen and beer bar (Lunch and dinner available from Sunday to Friday)

2010 Baltic Avenue, Atlantic City

609-541-2799

YOUYU noodle bar (Dinner available from Sunday to Friday)

Hard Rock Hotel & Casino Atlantic City, 1000 Boardwalk, Atlantic City

609-441-0007


Source link

Why isn’t Atlantic City more like Asbury Park? These NJ officials took a road trip to find out

0

Apparently, Rich Uncle Pennybags and the City of Brotherly Love didn’t do as much to revive Atlantic City from its 20th century decline as the Boss and the Big Apple did to Asbury Park.

While Monopoly and his iconic Baron of Thieves may have acquainted Atlantic City with board game players around the world, and Philadelphia is only an hour’s drive away, the Atlantic City real estate market, its popularity. among young people and those who like to have fun, and its overall economic development has lagged behind this other city further north on the New Jersey coast, Asbury Park, which has capitalized on its proximity to New York and its associations with Bruce Springsteen and the local music scene he was a part of.

So, on Tuesday, about three dozen Atlantic City officials and investors took a 64-way bus to Garden State Parkway to get a first-hand look at places and plans representative of Asbury’s return after his own years. from decay in the latter part of the 20th century to one of the state’s hottest real estate markets and most popular tourist destinations. The trip was sponsored by the Casino Reinvestment Development Authority, or CRDA, an Atlantic City-based state agency that promotes local development in a special area surrounding casinos.

“Since I have been at CRDA I have been talking about what has been done at Asbury Park,” said Matt Doherty, executive director of CRDA, in an interview. “And it was an opportunity for them not to read or hear about it, but to see it for themselves and walk the streets. And when you see it and walk the streets, you actually start to feel it. “

The bus arrived around 9:30 a.m. on Ocean Avenue, Asbury Park’s waterfront thoroughfare, past the Wonderbar, a concert hall that, like the Stone Pony just up the street, predates the city boom. from the past two decades but has survived and flourished underneath as a reminder of local heritage, including a replica of Tillie’s iconic face painted on the bar’s exterior.

An Atlantic City delegation visits Asbury Park to find out how the city has transformed and become one of the coast’s top destinations. Asbury Park, New Jersey September 28, 2021Noah K. Murray | for NJ Advance Media

Planned stops on the tour included Asbury Ocean Club Condominium Tower, Town Wide Boardwalk, Empress Hotel, Cookman Avenue in the historic downtown business and dining district, Carousel House and other places.

Minutes after arriving, Atlantic City 3rd Ward Councilor Kaleem Shabazz noticed a vacant lot one block from Ocean Avenue, Asbury Park’s main thoroughfare parallel to the beach, had been surrounded by a low fence and plantations. Regardless of the status of the lot, Shabazz said just locking it up in an orderly fashion with even a modest nod to the aesthetic made it seem like it was only a matter of time before. that something substantial does not appear there.

In contrast, he said, vacant lots in Atlantic City are generally difficult and unguarded areas that invite dismay or illicit activity. Shabazz, who chairs the council’s planning and economic development committee, said he would review local legislation in his town requiring something like what he saw in Asbury Park. “As long as we can make it cleaner and safer, we’re going to do it,” Shabazz said.

Other people who made the trip north included a pair of young developers, Ryan Goldfarb, 30, and John Errico, 35, of Liberty Hudson, who have carved out a niche for themselves by rehabilitating aging buildings specifically intended for be used as Air B&B apartments. Errico and Goldfarb now plan to go beyond that to develop specially designed Airbnb units.

Unlike Jersey City and other places that have discouraged Airbnb as a loud nuisance to apartment owners’ neighbors, Atlantic City has embraced short-term rentals to encourage precisely the kind of redevelopment and new construction that Liberty Hudson does it.

“In AC it’s now explicitly legal,” Errico said of Airbnb.

    Visit of Asbury

Property developer Pat Fasano, while visiting Asbury Park, NJ, September 28, 2021Noah K. Murray | for NJ Advance Media

The two young developers are teaming up with veteran of the Asbury Park development landscape, Pat Fasano, who has refocused in recent years on Atlantic City.

With his black denim western shirt, three-day beard and intense tan, Fasano looks like the “cowboy” developer he likes to describe himself. On a rooftop terrace at The Asbury Hotel, one of the tour’s stops, Fasano dismissed the perception of Atlantic City as a poor and criminal town surrounding a swathe of gambling halls that were built to embrace neither the ocean on one side of them and the neighborhoods on the other.

Despite the perception, or even partly because of it, Fasano said Atlantic City could be “the last big opportunity on the Jersey Shore.”

“I always focus on the positive,” said Fasano, former owner of Wonder Bar and nearby bowling and concert hall ally Asbury Lanes, who has purchased, developed or remodeled countless properties in the city. “Some people say, ‘Oh, Atlantic City! Oh, this place! Drug addicts, prostitutes and garbage. And I don’t really see that. What I see is a beautiful walk, beautiful beaches, amazing infrastructure that I don’t have in Asbury Park, I don’t have parking. (In Atlantic City) I have parking lots. I have hotel rooms. I have so much amazing real estate with potential for development. It truly is the land of opportunity.

    Visit of Asbury

A delegation from Atlantic City looks at Asbury Lanes during the tour to learn how the city has transformed and become one of the shore’s top destinations. Asbury Park, New Jersey September 28, 2021Noah K. Murray | for NJ Advance Media

The Asbury Hotel has been remodeled from a former Salvation Army residence. The brick-built hotel two blocks from the beach has a bar and lounge in the retro lobby with shelves full of vinyls and tapes from the 60s, 70s and 80s that guests can play on their own. same.

The hotel was developed by iStar, the Manhattan-based real estate investment company appointed by Asbury Park City Council as the designated developer of the city’s waterfront redevelopment area. The company’s local portfolio also includes The Ocean Club, a gleaming 17-story condominium and hotel tower on Ocean Avenue with penthouses where a penthouse sold for $ 5 million, and the bowling alley and gym. revamped concert of Asbury Lanes, the reopening of which was serenaded by The Boss. himself.

Some of iStar’s plans have been controversial, including a members-only beachfront pool club approved by the local planning council in June, which some locals see as contrary to the spirit of inclusion. ‘Asbury Park. And the astronomical prices paid for Ocean Club condos and other new builds in recent years have pushed up real estate prices across a city where three-quarters of residents are renters whose wealth does not increase with rising prices. real estate values.

Local activists and some elected officials say the gentrification of Asbury Park has driven up rents and driven out some longtime residents. But iStar and others say the local boom has created construction and permanent jobs for residents, in addition to generating city income that helps pay for social services and other improvements.

90s couple finds love

Matt Doherty, Executive Director, Casino Reinvestiment Development Authority, visiting Asbury Lanes. Asbury Park, New Jersey September 28, 2021Noah K. Murray | for NJ Advance

In an example of the focus on the whole community, Asbury does not have a restaurant, a deliberate omission to encourage patrons to take advantage of the town’s many independent restaurants, which collectively constitute a local industry. key that attracts visitors, provides employment and income for the city, and keeps storefronts occupied and pays rent in buildings with apartments and offices above them.

Atlantic City mayor Marty Small was also at Asbury Park on Tuesday, where he shot a few balls at Asbury Lanes. Small and Shabazz have both vowed not to allow gentrification of Atlantic City to displace existing residents.

But they said it was possible to promote development while protecting longtime residents from displacement.

“I don’t think it’s either one or the other,” Shabazz said.

    Visit of Asbury

Atlantic City Mayor Marty Small Jr. on a tour of Asbury Park to learn how the city has transformed and has become one of the shore’s top destinations. Asbury Park, New Jersey September 28, 2021Noah K. Murray | for NJ Advance Media

Brian Cheripka, iStar vice president in charge of its Asbury Park projects, addressed visitors to Atlantic City over lunch at one of the promenade’s sustainable restaurants, Langosta Lounge. A local troubadour, Stu Hoosten, has strummed “I’m On Fire” by Springsteen and other covers to give a taste of the city’s performances.

In an interview before addressing the group, Cheripka said residents, developers, local business owners, city officials, civic activists and others will need to listen and be open to feedback from others. And, he added, one cannot expect that no developer can turn a city’s fortunes around.

“I think meaningful development takes time. And we, working together, have to be patient, ”Cheripka said. “It’s not easy. People will say, ‘We don’t believe in this,’ ‘We don’t believe in that. We’re not always going to get along.

He said that Asbury Park’s proximity to New York – a city of 8.6 million people compared to Philadelphia’s 1.6 million – and with the more populous and wealthy northern region of New Jersey, doesn’t necessarily mean that Atlantic City could never attract the kind of traffic and investment. that Asbury Park has. (He said iStar himself remains focused on his unfinished development plans for Asbury Park and has not set his sights on AC)

As remote working normalizes thanks to technology and the coronavirus pandemic, Cheripka said the real estate mantra, “location, location, location,” will become less meaningful in terms of commuting or even commuting. blocks from the beach. And it can help close the gap in desirability and development between Atlantic City and Asbury Park.

“COVID has taught us one thing,” Cheripka said, “people are venturing further and further away from what we consider to be home.”

    Visit of Asbury

IStar’s Katherine Gibson gives a tour of The Asbury, an iStar-developed hotel in Asbury Park. A delegation from Atlantic City was there to see how Asbury Park had turned into a popular 21st century seaside resort. Other than the lobby bar, seen in the background, the Asbury does not have a restaurant, a deliberate omission to encourage patrons to dine at the many independent restaurants in Asbury Park. Asbury Park, New Jersey September 28, 2021Noah K. Murray | for NJ Advance Media


Source link

Atlantic City Casino Revenue Reaches $ 397.7 Million In August

0

Atlantic City casino revenues were, as might be expected, higher in August compared to the previous year when COVID-19[female[feminine the restrictions hampered business.

Along with the gains from online casinos and sports betting, the state’s gambling industry has experienced a 31% year-over-year increase, according to data from the New Jersey Division of Gaming Enforcement.

Statewide total gambling revenues were close to $ 427.7 million in August 2021.

The revenues of the Atlantic City casino were $ 397.7 million last month a 31.1% increase from August 2020. All three NJ racetracks with sports betting reported $ 52 million of revenue, a 31.7% year-on-year jump.

“The August results provided valuable insight into the trajectory of total gaming revenue after last year’s pandemic-related closures, although the periods are not perfectly comparable,” said New Jersey Casino Control Commission President James Plousis. “As of August 2020, all Atlantic City casino hotels were open, but business was affected by capacity restrictions and other limitations.”

Casino Table & Other Poker Slot machines Total game gain
by Bally $ 4,924,999 $ – $ 10,534,213 $ 15,459,212
Borgata $ 9,052,908 $ 1,287,267 $ 41,721,816 $ 52,061,991
Caesars $ 6,333,920 $ – $ 18,477,370 $ 24,811,290
Gold nugget $ 3,470,573 $ – $ 12,428,554 $ 15,899,127
Hard rock $ 14,003,528 $ – $ 31,724,686 $ 45,728,214
Harrah’s $ 6,180,178 $ 356,464 $ 21,388,177 $ 27,924,819
Ocean Casino $ 9,059,246 $ – $ 24,101,261 $ 33,160,507
Resorts $ 3,249,447 $ – $ 15,175,015 $ 18,424,462
Tropicana $ 6,219,020 $ 232,170 $ 22,483,191 $ 28,934,381
Total $ 62,493,819 $ 1,875,901 $ 198,034,283 $ 262,404,003

Atlantic City Casino 2021 Revenue Compared to 2019

Pandemic restrictions in place last August included a ban on indoor eating, mask and social distancing warrants, and a 25% capacity limit for casinos. Additionally, COVID vaccines were not yet available.

A more appropriate comparison for last month’s income figures is August 2019.

Total gambling revenues in August 2021 were $ 58.8 million higher than two years ago, an increase of 17.4%.

However, the growth was primarily driven by online gaming and sports betting, as land-based revenues were down for seven of Atlantic City’s nine casinos.

Last month’s $ 113.2 million from online games was $ 72.1 million (+ 175.5%) more than in 2019. Atlantic City’s sports betting revenue nearly doubled from $ 11.3 million to $ 22 million.

Meanwhile, Atlantic City casino table games and slots revenue stood at $ 262.4 million in August 2021. That is a drop of over $ 24 million, or 8,. 4%, compared to 2019.

AC casinos still recovering

Year-to-date, in-person gambling is down $ 177.56 million, or 9.7%, from 2019. As of August, Atlantic City casino revenue from tables and slot machines total nearly $ 1.65 billion.

“Although land-based gaming revenue has approached 2019 performance levels in recent months, the industry is still trying to make up for lost ground since the start of the year when pandemic-related circumstances wiped out the business of game in person, “said Jane bokunewicz, coordinator of Stockton University‘s Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism (LIGHT).

Alone Hard Rock Hotel & Casino Atlantic City and Ocean Casino Resort Outperform 2019 in terms of land-based gaming revenue.

Hard Rock Casino’s $ 279.8 million payout through August is 26.8% higher than in 2019. Ocean’s $ 192.6 million is a 41.4% jump from to two years ago.

AP Photo / Wayne Parry


Source link

Dr. Martin Luther King Boulevard reopens in Atlantic City

0

it could all be a coincidence, but right after we wondered why Illinois Avenue, also known as Dr. Martin Luther King Boulevard, had been closed for so long… we are happy to report that it was reopened to automobile traffic in Atlantic City.

Why did Atlantic City Hall wait until the end of the summer to act?

From many casino operators to other businesses and industries, as well as pedestrians, so many have wondered why this main artery was closed from Atlantic to Pacific Avenue all summer… and long before that.

A few insiders from Atlantic City Town Hall have told us that Atlantic City Mayor Marty Small still intends to have something painted on this street.

Exactly what, remains unknown, although it would have some African-American theme.

An African American theme would be wonderful, except it’s dangerous and a bad idea to paint anything on a street except proper traffic lines and other legal markings.

This is exactly the reason why the city had to close the streets, when “black lives matter” was painted with yellow street paint. It became extremely dangerous for motorists, who could not navigate the streets safely.

There was also no reason to keep this busy street barricaded all summer.

Here are some additional street photos with white paint marks:

Cold Cases: unsolved murders and missing people in South Jersey

New Jersey’s most heinous murders that rocked our communities

NJ teachers and educators caught in sex crime busts

In recent years, state lawmakers have risen to the challenge of dealing with accused child predators in the ranks of teachers and educators.

In 2018, the so-called “pass the trash” law came into effect, requiring more stringent New Jersey educational background checks for child abuse and sexual misconduct.

The following people have been arrested in recent years. Some were found guilty and sentenced to prison terms, while others accepted plea deals for probation.

Other cases are still pending, including legal delays in the context of the COVID-19 pandemic.


Source link

Time Norm MacDonald threw $ 60,000 in cash in the Atlantic Ocean in an attempt to stop gambling

0

L. Cohen / WireImage

Thrice. Norm MacDonald lost everything he owned on three separate occasions, not due to a compulsive gambling problem that ultimately led him to a psychiatrist’s office.

“The psychiatrist said, ‘You focus on the game in order to escape your real thoughts.’ And I said to him: ‘That’s not what you do everything in life for.’ I baffled him!

Sports betting has always been Norm’s kryptonite, because picking teams allows you to “kid yourself” to have a say in the matter.

  • In 2011, Norm put $ 25,000 on Manny Pacquiao to beat Shane Mosley, although the payout was only $ 3,000 and Norm didn’t know anything about boxing.
  • Norm once told Larry King that the biggest bet he ever placed was $ 400,000 for Super Bowl XXXIII (1999), taking the money line (pay 3 to 1). Norm lost everything.

Norm spoke to Marc Maron about his gambling propensity in 2011, saying gambling not only alleviated his crippling fear of his own mortality, but on some level going bankrupt was an emancipation from an overwhelming obsession.

“I’ve never had any addiction issues, but it’s like people who know they’re going to hit rock bottom and somehow want it. Because it gets exhausting to be obsessed with something. If you’ve got $ 450,000 in the bank and you lose $ 400,000, you’re like, “Damn, I don’t want to have $ 50,000.” I don’t want money to remind me that I had more money.

Standards

“I did something stupid once. It was my big statement in Atlantic City on the boardwalk, I threw $ 60,000 in the ocean. Stop… the same way an addict would throw his drug into the ocean.

Here’s Artie Lange, who was with Norm when he made jellyfish very rich, talking about a particularly brutal bad beat he suffered with Norm during the NBA Finals in June 1998.

The Chicago Bulls demolished the Utah Jazz 96-54, which for Norm and Artie was like throwing thousands into the ocean.


Source link

Tropical Storm Peter forms over the Atlantic Ocean

0

Forecasters said Tropical Storm Peter formed over the Atlantic Ocean early Sunday and a new tropical depression was circling over the far eastern Atlantic.

Peter was centered about 1,015 kilometers east of the northern Leeward Islands, the United States National Hurricane Center in Miami said in a 5 a.m. EDT advisory.

The tropical storm was expected to bring rain to islands, including the Virgin Islands and Puerto Rico, until Tuesday. Forecasters were expecting rainfall of 1 to 2 inches (3 to 5 centimeters) through Tuesday.

The strongest winds were around 40 mph (65 km / h) and Peter was moving northwest at 15 mph (24 km / h). No coastal watch or warning was in effect.

Only two other Atlantic hurricane seasons have had 16 named storms on September 19 since the start of the satellite era in 1966. These were the 2005 and 2020 seasons, according to the Colorado Hurricane Researcher State University, Phil Klotzbach.

Meanwhile, the Seventeen Tropical Depression formed on Sunday. Forecasters said it was the far eastern tropical Atlantic Ocean, about 330 miles (530 kilometers) southwest of the southernmost islands of Cabo Verde.

The tropical depression had maximum sustained winds around 35 mph (55 km / h). The system was expected to become a tropical storm later on Sunday or Monday, but there was no immediate threat to land, forecasters said.


Source link

A volcano erupts on a Spanish island in the Atlantic Ocean; lava destroys some houses – Mission City Record

0
Lava flows from a volcanic eruption on the island of La Palma in the Canary Islands, Spain on Sunday, September 19, 2021. A volcano on the Spanish island of La Palma in the Atlantic Ocean has erupted Sunday after a week-long build-up of seismic activity, prompting authorities to evacuate thousands of people as lava flows destroyed isolated homes and threatened to reach the coast. New eruptions continued overnight. (AP Photo / Jonathan Rodriguez)
Lava flows from a volcanic eruption on the island of La Palma in the Canary Islands, Spain on Sunday, September 19, 2021. A volcano on the Spanish island of La Palma in the Atlantic Ocean erupted on Sunday after a week-long build-up of seismic activity, prompting authorities to evacuate thousands as lava flows destroyed isolated homes and threatened to reach the coast.  New eruptions continued overnight.  (AP Photo / Jonathan Rodriguez)Lava flows from a volcanic eruption on the island of La Palma in the Canary Islands, Spain on Sunday, September 19, 2021. A volcano on the Spanish island of La Palma in the Atlantic Ocean has erupted Sunday after a week-long build-up of seismic activity, prompting authorities to evacuate thousands of people as lava flows destroyed isolated homes and threatened to reach the coast. New eruptions continued overnight. (AP Photo / Jonathan Rodriguez)
Smoke rises at the Cumbre Viegja volcano on the island of La Palma in the Canary Islands, Spain on Sunday, September 19, 2021. A volcano on the Spanish island of La Palma erupted on Sunday after an accumulation of seismic activity of a week, prompting authorities to launch an evacuation plan that is expected to affect around 1,000 people.  (AP Photo / Jonathan Rodriguez)Smoke rises at the Cumbre Viegja volcano on the island of La Palma in the Canary Islands, Spain on Sunday, September 19, 2021. A volcano on the Spanish island of La Palma erupted on Sunday after a week-long build-up of seismic activity, prompting the authorities to launch an evacuation plan is expected to affect around 1,000 people. (AP Photo / Jonathan Rodriguez)

A volcano on the Spanish island of La Palma in the Atlantic Ocean erupted on Sunday after a week of seismic activity, prompting authorities to evacuate thousands as lava flows destroyed isolated homes and threatened to reach the coast. New eruptions continued overnight.

The Canary Islands Institute of Volcanology reported the initial eruption shortly after 3 p.m. near the southern end of the island, which last erupted in 1971. Huge red plumes topped with black and white smoke erupted gushed along the volcanic ridge of Cumbre Vieja, which scientists had closely followed the buildup of molten lava below the surface and on days of small earthquakes.

Víctor Torres, President of the Canary Islands, said that by 11 p.m. some 5,000 people had been evacuated from their homes. Most, he said, had found family or friends to welcome them. The others were in shelters.

La Palma, with a population of 85,000, is one of eight volcanic islands in the Spanish Canary Islands archipelago, off the west coast of Africa. At their closest point, the islands are 100 kilometers (60 miles) from Morocco.

A magnitude 4.2 earthquake was recorded before the eruption, which took place in an area known as Cabeza de Vaca on the western slope as the ridge descends towards the coast. As the eruptions continued, at least two open mouths spewed bright red magma into the air which then flowed in tight streams down the slope of the mountain.

Shortly after the initial explosion rocked the area, a black lava flow with a scorching tip immediately slid towards homes in the village of El Paso. Mayor Sergio Rodríguez said 300 people in immediate danger have been evacuated, roads have been closed and authorities have urged onlookers not to approach the area.

The lava ultimately destroyed at least eight homes, according to local authorities, causing at least one chalet with a tower to collapse. Authorities have warned that the lava flows could also threaten the municipalities of El Paraíso, Alcalá and surrounding areas.

Carlota Martín was on her family’s farm plot in Todoque, just downstream from the eruption site, when she heard a huge explosion.

“When we saw the smoke column we thought it couldn’t be real, but it kept growing and we knew we had to get out of there,” she told The Associated Press . “You go, but you also look back because you want to see what’s going to happen. No one knows how the lava flows will come down, but our land and many houses in the area could be a hindrance. “

Mariano Hernández, president of the island of La Palma, said there were no immediate reports of deaths or injuries, but the lava flows made him concerned “about the populated areas of the coast”.

“People should not come near the eruption site where the lava is flowing,” Hernández said. “We have serious problems with the evacuation as the roads are crowded with people trying to get close enough to see it.”

Itahiza Dominguez, head of seismology at the Spanish National Institute of Geology, told Canary Islands TV that although it is too early to say how long this eruption will last, “previous eruptions on the Canary Islands have lasted for weeks or even months “.

La Palma’s last eruption 50 years ago lasted just over three weeks. The last eruption on all of the Canary Islands occurred underwater off the coast of El Hierro Island in 2011. It lasted for five months.

The volcanologist Vicente Soler of the Spanish Superior Council said that “the material appears to be very fluid, the lava flows will reach the sea sooner or later”. The scientific committee of the Volcano Risk Prevention Plan said part of the island’s southwest coast was at risk of landslides and rockfall.

Spanish Prime Minister Pedro Sánchez has canceled his trip to New York to attend the United Nations General Assembly in order to be able to travel from mainland Spain to the Canary Islands.

“The people of La Palma must be assured that we have all the necessary resources and emergency personnel,” Sánchez said after meeting with local officials on the island.

___

Joseph Wilson reported from Barcelona. Renata Brito contributed to this report from Barcelona.

Jonathan Rodriguez and Joseph Wilson, The Associated Press


Like us on Facebook and follow us on Twitter.

Volcano




Source link

tropical storm Peter forms over the Atlantic Ocean | national news

0

MIAMI (AP) – Forecasters said Tropical Storm Peter formed over the Atlantic Ocean early Sunday and a new tropical depression was circling over the far eastern Atlantic.

Peter was centered about 1,015 kilometers east of the northern Leeward Islands, the United States National Hurricane Center in Miami said in a 5 a.m. EDT advisory.

The tropical storm was expected to bring rain to islands, including the Virgin Islands and Puerto Rico, until Tuesday. Forecasters were expecting rainfall of 1 to 2 inches (3 to 5 centimeters) through Tuesday.

The strongest winds were around 40 mph (65 km / h) and Peter was moving northwest at 15 mph (24 km / h). No coastal watch or warning was in effect.

Only two other Atlantic hurricane seasons have had 16 named storms on September 19 since the start of the satellite era in 1966. These were the 2005 and 2020 seasons, according to the Colorado Hurricane Researcher State University, Phil Klotzbach.

Meanwhile, the Seventeen Tropical Depression formed on Sunday. Forecasters said it was over the far eastern tropical Atlantic Ocean, about 530 miles (530 kilometers) southwest of the southernmost islands of Cabo Verde.

The tropical depression had maximum sustained winds around 35 mph (55 km / h). The system was expected to become a tropical storm later on Sunday or Monday, but there was no immediate threat to land, forecasters said.

Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.


Source link