April 29, 2016 |
Gov. Christie, addressing South Jersey business leaders Wednesday, blasted opponents of a state takeover of Atlantic City, and warned against a Democratic-led Legislature that he asserted was in the pocket of unions. The Republican governor, who declared he was "in a loud mood," told about 200 people at the Crowne Plaza in Cherry Hill for a Chamber of Commerce Southern New Jersey luncheon that he wouldn't balk at letting Atlantic City run out of money if the Assembly speaker continues to block a takeover.
April 28, 2016 |
ATLANTIC CITY - Given all that's transpired in Atlantic City since the state Casino Reinvestment Development Authority optimistically envisioned creating a neighborhood near what was then the Revel Casino, and moved to take the property of the celebrated piano tuner and eminent domain fighter Charles Birnbaum, a Superior Court judge on Tuesday asked the agency to justify the seizure. What was its plan? What money did it propose using, especially since the Legislature is considering adopting an aid plan for near-bankrupt Atlantic City that would divert a key revenue source of the CRDA, the 1.5 percent Alternate Investment Tax collected from the casinos?
April 28, 2016 |
With Atlantic City teetering on the brink of insolvency, Mayor Don Guardian is considering skipping a $1.8 million interest payment on municipal bonds due May 1, chief of staff Chris Filiciello said Tuesday. If the city missed the payment, it would be the first default by a New Jersey municipality since the Great Depression, Bloomberg News reported. New Jersey has always intervened to prevent distressed cities from missing debt payments or going bankrupt, but Gov. Christie has twice vetoed aid packages that would redirect casino funds, now assigned to marketing, to help Atlantic City with its debt.
April 24, 2016 |
Nick Atohi pitched four scoreless innings on Friday to pace host Mainland to a 2-0 victory over Vineland in a Cape-Atlantic League baseball game. The sophomore allowed one hit and stuck out five batters to improve to 4-0 this season. Nick Trifiletti had a pair of hits, an RBI, and a run. Rob Wood drove in a run. Mike Juliano had two hits. Ja'Ques Colon, Jonathan Perez, and Kordell Harold accounted for Vineland's three hits. In other Cape-Atlantic action: Dylan Scaranda belted a two-run home run to power Absegami to a 8-3 win over visitor Atlantic City.
April 23, 2016 |
ATLANTIC CITY - Something is actually happening at the former Revel Casino Hotel. Owner Glenn Straub, whose stated plans for the massive property have veered erratically from mud slides to academic think tanks or refugee camps, has settled on at least one activity: a family-friendly adventure ropes course. Thursday, there was actual construction equipment stationed in the porte-cochère of Revel, where Straub said he would install a massive ropes course, similar to the ones at Jordan's Furniture Store in New Haven, Conn.
April 22, 2016 |
Spirit Airlines has resumed summer seasonal flights from Atlantic City International Airport to Atlanta, Boston, Chicago, and Detroit. The daily nonstop flights began last week and will operate until the fall. Spirit, which flies from Philadelphia to seven cities, will add daily nonstop routes from Philadelphia to Detroit and Fort Lauderdale, Fla., starting April 29. The Miramar, Fla.-based carrier, which offers lower base airfares but charges passengers extra for virtually everything including a carry-on bag, began a nonstop daily flight from Philadelphia to Los Angeles International Airport on April 14. Spirit also started a new flight last week between Philadelphia and Minneapolis-St.
April 22, 2016 |
TRENTON - Lawmakers aren't any closer to a deal to stave off financial disaster in Atlantic City, as an hour-long meeting Wednesday between two of New Jersey's top elected officials failed to yield any meaningful progress. Senate President Stephen Sweeney (D., Gloucester) said he was worried the city could go bankrupt without a state takeover. "You can see the ship getting ready to hit the rocks," Sweeney told reporters after he met with Assembly Speaker Vincent Prieto (D., Hudson)
April 21, 2016
ISSUE | ATLANTIC CITY Support children, unions For more than 30 years, New Jersey politicians have benefited from the profits produced by casinos in Atlantic City. Now is the time for the politicians to look after the community and the unions. Union workers in Atlantic City waved flags, held signs, and chanted last week, protesting the threat to collective bargaining in Atlantic City ("Pencils down?" April 13). The presidents of the blue-collar workers' union, the police union, and the state AFL-CIO spoke out on the importance of collective bargaining; a Senate bill backed by Gov. Christie would allow the state to terminate union contracts.
April 21, 2016 |
ATLANTIC CITY - If it were poker, Atlantic City might not even have enough money to ante up. But inside a city courtroom Tuesday, the broke seaside resort raised the stakes against the State of New Jersey, filing a counterclaim seeking $33.5 million in promised state aid. The city's action only intensified the ongoing drama on the Boardwalk, with the city fending off legal action from the state education commissioner over school payments and awaiting the...
April 20, 2016 |
Atlantic City Electric announced Monday that its customers will receive a $113.16 credit on their bills in the next month, a one-time bonus for the completion of the merger between Exelon Corp. and Pepco Holdings Inc., the parent company of Atlantic City Electric. The credit will be automatically applied to each household with an active account. It is part of a $430 million package of benefits Exelon is paying to customers and communities of Pepco's utilities in New Jersey, Delaware, Maryland and the District of Columbia.