A technology firm serving the air traffic control industry has signed a new long-term headquarters lease in Atlantic City, Levin Commercial Real Estate said Thursday.
The Trump Taj Mahal Casino Hotel in Atlantic City was set to close early Monday morning, becoming the fifth gaming hall in the resort town to shut down in less than three years.
The defunct Revel casino in Atlantic City has a new name and a new management team.
Speaking to a crowd of fellow real estate and retail professionals, developer Bart Blatstein on Tuesday made a pitch for bringing new development and investment to Atlantic City.
The mixed-use project known as Gateway in Atlantic City could take important steps toward starting construction in the coming weeks.
THE RUNDOWN: Like its gaming revenue, property values in Atlantic City have plummeted over much of the past decade. That’s according to a new story by The Press Atlantic City, which found that total property assessments in the city have fallen from more than $20 million in 2008 to roughly $7 million today.