New York Real estate Firm around Talks to Acquire Shuttered Ocean Club Casino
New York Real estate Firm around Talks to Acquire Shuttered Ocean Club Casino
An exciting new potential client of the shuttered Atlantic Club has came forth
A New York-based real estate talking to firm has entered negotiations to invest in the closed Atlantic Organization Casino Lodging in Atlantic City, community news wall socket the Press associated with Atlantic City reported in Wednesday citing information through the company on its own.
Advanced Contacting Inc. has long been talking considering the closed property’ s seller, TJM Attributes of E. Petersburg, Florida, to acquire it has the buildings and convert it to a non-gambling resort , Gemstone and crystal Lake, CHIEF EXECUTIVE OFFICER of the Innovative York-based properties firm, claimed on more chilli slot machine free Sunday.
The Ocean Club shut doors for January 2014 to become the earliest of four Boardwalk casino attributes to go break that year. It was and then purchased by Tropicana Fun and Caesars Entertainment, with all the latter if, perhaps control of the exact property and its homes. Caesars marketed the former online casino resort to TJM for the complete amount of $13. 5 huge number of . Typically the transaction also included a deed restriction the fact that aimed to stay away from the Atlantic Golf club to be utilised as a gambling establishment in future .
The Advanced Consulting TOP DOG told the exact Press for Atlantic Locale on Sunday that “ deliver the results is being completed, and they are throughout heavy negotiations. ”