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Casino Reinvestment Development Authority

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NEWS
November 10, 1993 | By Jacqueline L. Urgo, INQUIRER CORRESPONDENT
The Casino Reinvestment Development Authority gave unanimous approval yesterday for its representatives to begin negotiations with the developers of a $520 million project expected to return Atlantic City's "Queen of Resorts" to her former grandeur. The Maryland-based Rouse Co., known nationally for projects such as the Gallery Market East in Philadelphia and the Inner Harbor in Baltimore, will work with the Doubletree Hotels Corp. and Caesars Boardwalk Regency Corp. on the city's ambitious "Gateway Project.
BUSINESS
April 20, 2011 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - Regional gambling competition has sapped the vitality of this resort, but the effort to restore it got green-lighted Tuesday when the Casino Reinvestment Development Authority approved boundaries for a new state-run tourism district. The CRDA's 17-member board voted, 14-1, with one abstention and one vacant seat, to approve the zone's boundaries. The lone "no" vote was cast by Atlantic City Mayor Lorenzo T. Langford, who took issue with his powers and those of the City Council being usurped by the CRDA board under the state plan.
NEWS
April 15, 1998 | For The Inquirer / MICHAEL PLUNKETT
Willie Mays made a big hit yesterday at groundbreaking for the new Boys and Girls Club of Atlantic City at Mediterranean and Pennsylvania Avenues. The new 15,000-square-foot building, to be paid for by the Casino Reinvestment Development Authority and Bally's Park Place, will serve more than 400 children in the Atlantic City area. At left, the authority's Ali Reynolds positions a child for a picture.
NEWS
June 23, 1992 | by Dave Davies, Daily News Staff Writer
The Philadelphia Redevelopment Authority is getting a New Jersey whiz-kid today to take over for Executive Director Andrew Jenkins, who is leaving to join the Rendell administration. Noel Eisenstat, 31, headed Atlantic City's Casino Reinvestment Development Authority from January 1988, until he lost his job last year in a political purge that followed a change in both the mayor's and governor's chairs. "We first heard about him when our transition team was looking at candidates for housing director," said David L. Cohen, Rendell's chief of staff.
NEWS
August 3, 2016
ISSUE | ATLANTIC CITY No tax windfall The Casino Reinvestment Development Authority's property development mandate brings significant investment to Atlantic City. The lots we own, in terms of their current value, are insignificant to remediating the city's dire fiscal condition compared with CRDA's ability to assemble properties and leverage projects that create jobs and revenue for the city. CRDA-owned, nontaxable property cannot provide some windfall to the city. CRDA owns 111 acres, yet only 8.5 remain suitable for development.
NEWS
February 2, 2012
After a decades-long absence, the internationally known diving horse act will return to the Steel Pier this summer as part of an overhaul approved for Atlantic City that received unanimous backing from the Casino Reinvestment Development Authority at its board meeting Wednesday. The Steel Pier renovation is being funded by a loan from the CRDA, and its approval came minutes after the master plan - the guidelines - for the newly created Atlantic City Tourism District was passed, 14-0, by the CRDA board.
NEWS
April 29, 1989 | By Mike Schurman, Special to The Inquirer
The Regency, Atlantic City's first major housing project to be built under the guidelines of the 1984 Casino Reinvestment and Development Act, opened officially yesterday. The 27-story luxury apartment complex is in the city's southeast inlet at Pacific and Connecticut Avenues, two blocks east of the Showboat Hotel & Casino. The Regency, funded by Caesars Atlantic City Hotel-Casino, consists of 192 two-bedroom apartments and eight two-bedroom townhouses with rents ranging from $650 to $2,000 a month.
NEWS
April 9, 2016 | By Melanie Burney, Staff Writer
Camden County closed a $6.2 million deal Thursday to build apartments on the site of the old Pennsauken Mart on Route 130 in South Jersey. The Camden County Improvement Authority said it has reached a long-anticipated agreement with Delco Development of Willingboro. The Burlington County builder plans to put a 250-unit residential site on the property, according to the county. The project will also include amenities and retail outlets. In a statement, Pennsauken Mayor John Kneib said he was "excited to hear of the completed sale of the site.
NEWS
November 15, 2002 | By Elisa Ung INQUIRER STAFF WRITER
The Camden County Civic and Conference Center, a proposed project that has dominated local politics for more than two years, may be nearing reality. County improvement authority officials this month could win a $24.2 million grant from the state Casino Reinvestment Development Authority to begin construction of the arena at Routes 73 and 130 in Pennsauken, now site of the landmark Pennsauken Mart. The $65 million project, which would include a 6,400-seat arena and an adjoining 40,000-square-foot conference center, has been touted as a venue for school tournaments, corporate conferences, and trade shows.
NEWS
September 14, 1995 | By Chris Conway, INQUIRER STAFF WRITER
The U.S. Attorney's office has subpoenaed a wide range of documents from the Casino Reinvestment Development Authority in connection with an unspecified grand jury investigation. The subpoena seeks the following from January 1990 to the present: all bank records, W-2 forms, contracts, meeting minutes, telephone and credit card records, travel and entertainment receipts, records of eminent domain acquisitions and the authority's administrative procedures. Authority officials say they don't know the target of the investigation and the subpoena, obtained by The Inquirer, offers no hints.
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ARTICLES BY DATE
NEWS
August 7, 2016 | By Michael Boren, Staff Writer
A judge ruled Friday that an Atlantic City man can keep his longtime property, saying the state Casino Reinvestment Development Authority's attempt to take over the building lacked "any specific and viable plans" and was a "manifest abuse of the eminent domain power. " Charles Birnbaum, 69, owns the three-story brick house along Oriental Avenue a block from the ocean. His parents bought it in 1969. In 1998, an intruder killed his mother and her live-in caretaker there. Birnbaum then created a piano studio in the home to memorialize her, and currently runs his casino piano-tuning business there.
NEWS
August 3, 2016
ISSUE | ATLANTIC CITY No tax windfall The Casino Reinvestment Development Authority's property development mandate brings significant investment to Atlantic City. The lots we own, in terms of their current value, are insignificant to remediating the city's dire fiscal condition compared with CRDA's ability to assemble properties and leverage projects that create jobs and revenue for the city. CRDA-owned, nontaxable property cannot provide some windfall to the city. CRDA owns 111 acres, yet only 8.5 remain suitable for development.
NEWS
July 2, 2016 | By Amy S. Rosenberg, Staff Writer
ATLANTIC CITY - In a tense meeting, the Atlantic City Council voted by 5-4 Thursday night to ask the state to allow city voters to consider reducing the council's size by two at-large members, leaving six ward members and one at-large. The at-large members objected, saying the plan targeted the people who typically oppose Council President Marty Small, who initiated the plan. "I applaud the concept as far as cutting budgets," said Councilman Mo Delgado. He said the move appeared to be more about tit for tat. Councilman George Tibbitt said council members should cut their pay by $11,800 each instead.
NEWS
June 30, 2016 | By Amy S. Rosenberg, Staff Writer
ATLANTIC CITY - In bracingly wonky detail, Mayor Don Guardian took a room full of his city's residents step by step Tuesday night through the city's work-in-progress plan to right its financial ship and stave off a threatened state takeover. In a related matter, Guardian said the Casino Reinvestment Development Authority had agreed to auction many of the 450 lots it owns and on which it does not pay taxes. Millions of dollars have been kept off the tax rolls for years by the state CRDA, contributing to Atlantic City's cash crisis.
NEWS
April 28, 2016 | By Amy S. Rosenberg, Staff Writer
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?
NEWS
April 9, 2016 | By Melanie Burney, Staff Writer
Camden County closed a $6.2 million deal Thursday to build apartments on the site of the old Pennsauken Mart on Route 130 in South Jersey. The Camden County Improvement Authority said it has reached a long-anticipated agreement with Delco Development of Willingboro. The Burlington County builder plans to put a 250-unit residential site on the property, according to the county. The project will also include amenities and retail outlets. In a statement, Pennsauken Mayor John Kneib said he was "excited to hear of the completed sale of the site.
NEWS
January 20, 2016
By Frank Gilliam The behavior of the New Jersey government toward Atlantic City in recent days can be compared to that of a mugger - a robber who takes his victim's money, demands his jewelry, and then threatens to shoot him for not having enough money. Let me explain. While it's without doubt that Atlantic City faces difficult financial circumstances, much of the difficulty is caused by the state. For decades, the state and its agencies have treated Atlantic City as their own bank, taking more than $1 billion.
NEWS
November 21, 2015 | By Amy S. Rosenberg, Inquirer Staff Writer
Stockton University's dream of an island campus in Atlantic City will have new life on the other side of town. Although Stockton has not completed its $23 million sale of the former Showboat Casino Hotel, where its previous plan for an Atlantic City campus unraveled, new plans are underway to build the Galloway college a campus at the southern end of Atlantic City. Christopher Paladino, head of the newly formed Atlantic City Development Corp. (ACDevCo), said the independent, not-for-profit organization was going ahead with plans to build an Atlantic City campus for Stockton, to open in the fall of 2018.
NEWS
July 16, 2015 | By Amy S. Rosenberg, Inquirer Staff Writer
ATLANTIC CITY - Take my empty buildings and lots - please. This is the message Atlantic City is sending, by issuing requests for proposals for, well, pretty much the entire town. The properties available for reimagining range from a pier to a kiosk, from the Boardwalk to outer neighborhoods. In all, 14 vacant lots and buildings owned by the city or, in a few cases, the Casino Reinvestment Development Authority are included in the RFPs. Planning director Elizabeth Terenik is to discuss the properties at a noon meeting Wednesday in City Hall.
NEWS
June 14, 2015 | By Amy S. Rosenberg, Inquirer Staff Writer
SOMERS POINT, N.J. - Poetry was apparently too controversial for Atlantic City this year, as a plan to pay poets to read their work at the city Farmers' Market was abandoned by the Casino Reinvestment Development Authority after some political blowback. But Somers Point has held the line against the (haiku) haters - naming, and paying, the bay town's first poet laureate, Northwestern grad-turned-wine-store-event-planner Maria Provenzano of Egg Harbor Township. Provenzano, 26, will put the concept to its first real test Saturday night, as she does two short, mostly unannounced "Pop Up Poetry" events, one at 7 p.m. at the bar at Sandi Point Coastal Bistro, formerly the famed Mac's, followed by another at Gregory's.
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