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Atlantic City

NEWS
April 15, 2016 | By Andrew Seidman, TRENTON BUREAU
New Jersey lawmakers pushing for a state takeover of Atlantic City's government now say they will give the cash-strapped resort town until the end of summer to enact substantial budget cuts before intervening. If the city doesn't adopt a "legally binding" plan to sustainably reduce per capita spending by nearly half within 130 days, state government would intervene, lawmakers said. They also said in a statement that if Atlantic City accepted this proposal, they would petition Gov. Christie for a loan "that is fully secured to protect New Jersey taxpayers" and that would allow the city "to maintain its operational budget while the municipal government makes the necessary cuts to remain solvent.
NEWS
April 15, 2016 | By Amy S. Rosenberg, Staff Writer
ATLANTIC CITY - Jersey City Mayor Steve Fulop, who has encouraged the expansion of casino gaming into his North Jersey city, took a long look Wednesday at Atlantic City and said he might have to reconsider. "This has been really helpful," Fulop said after meeting with City Council members and community leaders at Kelsey's, the landmark Pacific Avenue restaurant and jazz club, before a personal jitney tour with Council President Marty Small. "This has been eye-opening. " Fulop heard from residents about broken promises, and saw two of four closed casinos up close.
NEWS
April 15, 2016
BAD HEADLINES cling to Donald Trump like toilet paper to the heel of his shoe. No surprise there. The GOP presidential front-runner and darling of the Ku Klux Klan says something nonsensical or asinine most days of the week. But even we were caught off guard Wednesday night by Trump's awkward attempt to connect with Pennsylvanians during a campaign stop in Pittsburgh. "I know a lot about Pennsylvania and it's great," he said. "How's Joe Paterno ?" Well, he's dead, Donald.
SPORTS
April 14, 2016 | By Mark McCormick, Staff Writer
Shawnee's Bridget Gras walked to the plate without a hit all game. But in the bottom of the seventh inning, the sophomore delivered. Gras hit a bases-loaded single and Madison McGehrin scored the winning run to lift the visiting Indians past Lenape, 8-7, in Olympic Conference softball Tuesday. Madison LaPlante went 3 for 4 with a double and three RBIs for Shawnee. Kirsten Cline also went 3 for 4 with a double and an RBI for Lenape. Colonial Conference. Rachel White pitched a perfect game and struck out nine in five innings as host Woodbury topped Lindenwold, 11-0.
NEWS
April 13, 2016 | By Andrew Seidman, TRENTON BUREAU
TRENTON - New Jersey lawmakers raised doubts Monday about the Christie administration's efforts to rein in fiscal excess in Atlantic City since it installed a monitor in 2010 to oversee the city's finances, suggesting there was little evidence to justify a proposed takeover of local government now. "It seems like there hasn't been real conviction to deal with this problem in five years, or four years, or three years," Assemblyman John DiMaio (R., Somerset)...
BUSINESS
April 12, 2016 | By Suzette Parmley, Staff Writer
ATLANTIC CITY - The Playground, developer Bart Blatstein's mall-entertainment complex on the Boardwalk, is testing pop-up leases to attract new retailers as the moribund mall gears up for the summer. Up to a dozen storefronts are now available for the short-term, innovative pop-ups, Blatstein said Friday, and are intended to give smaller retailers a chance to "take their shot" at space they normally could not afford. It's also a page from Blatstein's playbook at the Piazza in Northern Liberties.
NEWS
April 11, 2016 | By Andrew Seidman, TRENTON BUREAU
TRENTON - Atlantic City ran out of cash Friday after delivering paychecks to its public employees and won't have any more money until second-quarter tax receipts flow in May 2. Credit agencies have repeatedly downgraded the city's general obligation bonds and have warned investors that the resort town may default on its debt payments this year, or even go bankrupt. So why haven't Gov. Christie and the state's legislative leaders enacted a plan to stave off a financial disaster that could have ripple effects on other distressed municipalities?
NEWS
April 9, 2016 | By Andrew Seidman, TRENTON BUREAU
TRENTON - The momentum building in the Statehouse to take over Atlantic City's government slowed Thursday, as Assembly Speaker Vincent Prieto proposed his own plan to rescue the financially struggling resort town and defied calls from Gov. Christie and South Jersey Democrats to adopt a more aggressive approach. Prieto's plan, which advanced Thursday on a 7-0 vote of the Assembly Judiciary Committee, would forestall key elements of Christie's proposed state intervention from taking effect unless the city fails to meet annual fiscal benchmarks.
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