The Atlantic Club??sits alone in the south end of the Boardwalk.
I begin remembering these weekends and sometimes stroll by.
The??Hilton??(one of many former names for the property) used to be my destination of choice. Those dishes at Peregrines and The Oaks are hard to overlook.
I still remember my brief meeting with the late James Gandolfini??(aka??Tony Soprano) together with the cast from the hit HBO??series The Sopranos. This was 2006 and the near future Atlantic Club, together with the majority of the resort city, enjoyed a few years of stability.
The Club was the casino resort with table and slots games, and it provided an escape from the crowds that could easily conquer the beaches and boardwalk north. Especially in the summermonths.
Unfortunately today, its best??known to shut in 2014.
But Atlantic Clubs fate could change for the better.
The Associated Press reported Monday that Atlantic Club had found a new proprietor. Colosseo Atlantic City Inc., a New York City-based investment and building firm,??bought it in TJM Properties. The purchase price was not disclosed.
The information will make me wonder whether that may be the deal that brings the Atlantic Club back , although it is not the sole closed casino left in AC.
And if this does happen, will the home that is reborn work nicely in Atlantic City?
After several failed attempts to sell the 800-room property, it appears like TJM (operator and owner of The Claridge Hotel) finally found a suitable buyer.
Weve made every attempt to discover a buyer who might realize the potential of The Atlantic Club Casino Hotel, explained Matt Bradley, one of the heads of operations and development for both TJM who managed the sale.
The owner did not elaborate on plans. Allowing the hotel sit vacant for the following five years will not appear to be at the cards.
We are anticipating working in Atlantic City??and rebuilding such a great home, said Rocco Sebastiani, Colosseos chief. His strategy is to run the house as a non-gaming hotel.
Rummy Pandit, executive manager of the Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism in Stockton University, appeared optimistic about the Atlantic Club sale.
Locating a new buyer for one of Atlantic Citys lowest possessions has not just gone. There were A few other deals that were proposed made people but did not pan out for any reason or the other.
Heres a look back:
In addition, it does not help that the exterior of the building is deteriorating. Even the 2018 openings of Ocean Casino and Hard Rock turned on the spotlight away from whatever could have happened with all Atlantic Club.
If and when the house does reopen, a fantastic chance is The Atlantic Club sign will be on the building.
Simply call it the swap onto a lengthy list of names.
Former??Las Vegas??casino mogul??Steve Wynn??opened the property in 1980 back as the Golden Nugget. Some Might Even recall the advertisements featuring Frank Sinatra:
Wynn ended up purchasing the house seven decades later. It had a set of name and ownership changes.
After the property closed on Jan. 13, 2014,??Caesars Entertainment??and??Tropicana Entertainment??bought it. The sale required to be approved by a bankruptcy court judge.
After that year, TJM Properties obtained ownership.
For the first time since 2014, it is looking like there could be hope for The Atlantic Club (or whatever they decide to call it).
And we arent speaking about it being used to film scenes for Zack Snyders upcoming Army of the Dead film.??
But details about the redesign, number of rooms, and conveniences have to be declared. That will make me hesitate a bit if I will be honest. After all, all of us waited to Revel for decades to get Glenn Straub.
Is that it will be a non-gaming hotel due to a restriction. And should this project come to fruition, Stockton University people might take full advantage of the proximity.
In terms of what makes sense for the owner and customers, Pandit explained a facility??concept may be somewhat win-win.
Something which is part hotel and part high-end condominiumcould allow residents to have access to the restaurants, health club and spa, valet parking, and area service supplies.??
Because the old Hilton did, Can it create memories? Probably not.
But for Atlantic City, when its going to establish itself as more of a destination that is year-round, bringing vacant resorts back to existence is a terrific start. No one likes an eye-sore.
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