πŸ’ Deal for Stockton to buy empty Atlantic Club property falls through

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One New Jersey college wants to buy an abandoned casino. But Trump Taj Mahal has other plans. Stockton University, a public college.


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Stockton University President Harvey Kesselman had his eyes set on the school buying the Atlantic Club, but the plan won't be executed.


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The Richard Stockton College of New Jersey bought part of the Showboat Atlantic City casino from Caesars Entertainment for campus.


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The Richard Stockton College of New Jersey bought part of the Showboat Atlantic City casino from Caesars Entertainment for campus.


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So instead of converting a defunct casino into a college, Stockton looked It didn​'t buy the property on its own this time, but joined a nonprofit.


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One New Jersey college wants to buy an abandoned casino. But Trump Taj Mahal has other plans. Stockton University, a public college.


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Stockton University President Harvey Kesselman had his eyes set on the school buying the Atlantic Club, but the plan won't be executed.


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So instead of converting a defunct casino into a college, Stockton looked It didn​'t buy the property on its own this time, but joined a nonprofit.


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Stockton announced plans to purchase the shuttered casino property in a deal by a local development group to buy the closed casino and.


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The Philly based developer is buying the former Showboat casino property from Stockton University for a scant $22 million. The sale to Blatstein's Tower.


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Start watching Stop watching. Toggle navigation Menu. You must be a digital subscriber to view this article. We'd love to hear eyewitness accounts, the history behind an article. This is the not the first time a deal for the property has fallen through. Share with Us. I joined The Press in Keep it Clean. TJM spokeswoman Nikki Balles said other offers came in to TJM during the negotiations process that the company could not entertain, but now is happy to do so. A Press series in which local notables take us on a tour of a favorite spot in their home. Contact: CLowe pressofac. Press archives. Support Open Local Businesses. The commenting option is not going away, however, readers will need to register for a FREE site account to continue sharing their thoughts and feedback on stories. Log In Get Offer. Be Proactive. Get Offer. Notifications from this discussion will be disabled. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language. Comment Text. Find Offers. Log In Create an account or activate digital Sign Up. Unlimited access to every article, video and piece of online content Exclusive, locally-focused reporting News delivered straight to your inbox via e-newsletters Includes digital delivery of daily e-edition via email. Edit Article Add New Article. Get up-to-the-minute news sent straight to your device. Use the 'Report' link on each comment to let us know of abusive posts. No racism, sexism or any sort of -ism that is degrading to another person. Sign Up. The Atlantic Club property spans 11 lots including some along the Boardwalk and one on the beach. Promotional Rates were found for your code. Get an email notification whenever someone contributes to the discussion. Already have access? Notifications Settings. Be Truthful. There was a problem saving your notification. Create an account or activate digital Get Started. Your notification has been saved. Order your copy today. Sign Up Today. Log In. According to TJM, the property remains for sale, but the owners are still in talks with Caesars Entertainment Corporation to try to remove a gambling restriction. We hope that you continue to enjoy our free content. Atlantic City Boardwalk: A stroll through history. Manage followed notifications. If you already have an account i. Stop watching this discussion. Watch this discussion. You must be a full digital subscriber to read this article. According to Stockton University, President Harvey Kesselman and the board of trustees at its Wednesday meeting concluded the sale would not be pursued. More Latest Local Offers. The university said it was interested in the nine-level parking garage and the land, but wanted the casino and hotel property demolished as a condition of the sale. Most Popular. Welcome to the discussion. Don't have an account? Don't Threaten. In April , a deal by a local development group to buy the closed casino and redevelop it as a water park and family resort collapsed after an investment group pulled its funding. A yearlong series examining the city's path forward. This is our future, and we will continue to try to make the best investments we can there. I began covering South Jersey in after graduating from Rowan University with a degree in journalism. Don't knowingly lie about anyone or anything. Please log in, or sign up for a new account to continue reading. Your ultimate resource guide to the science, storms and history of weather in South Jersey. Close Followed notifications. Purchase a Subscription. Threats of harming another person will not be tolerated. Sorry , no promotional deals were found matching that code. Breaking News Subscribe.{/INSERTKEYS}{/PARAGRAPH} {PARAGRAPH}{INSERTKEYS}Your sports-only digital subscription does not include access to this section. Post a comment. Your current subscription does not provide access to this content. Relive Years of Miss America: A century of history. Please log in to use this feature Log In. Get Started. Be Nice.