Three years to the day after Atlantic City’s $2.4 billion Revel casino opened — and seven months to the day after it closed — a bankruptcy court judge approved its sale to a Florida developer for about 4 cents on the dollar.
The judge presiding over the Revel bankruptcy sale expects to rule Friday on whether to approve the $82 million deal with Florida developer Glenn Straub.
A call to kill the deal to sell the bankrupt Revel Atlantic City to a Florida-based businessman remains in limbo after yet another court hearing in Camden. While a judge is expected to rule on Thursday, the developer is once again negotiating with the hotel-casino to salvage the transaction.
On Saturday love will be in the air as many celebrate Valentine’s Day. For some brides-to-be the day will also involve shopping for a wedding dress. 3 On Your Side Consumer Reporter Jim Donovan tells us about one sale that allows brides to toss out the bouquet, but not their budget.
The order allows for the operators of the closed HQ nightclub to preserve their legal rights, should developer Glenn Straub close on the sale of the Revel.
Judge Gloria Burns has granted a request by Revel Entertainment to cancel the $110-million sale to Toronto-based Brookfield Asset Management.
The lawyers for Revel filed paperwork to cancel the $110 million sale to Brookfield US Holdings.
By Jim Donovan: Frontier Airlines today announced that it is expanding again with new non-stop service between Philadelphia (PHL) and seven destinations beginning Dec. 20. Flights will take off from Philadelphia International Airport to Miami […]
By Jim Donovan: Just Between Friends is holding its biannual consignment sale this week and weekend at the Greater Philadelphia Expo Center. Local families will be selling their new and gently used children’s and maternity […]
The Catholic Diocese of Camden is planning to sell three nursing home facilities it operates in South Jersey.
No matter what shape the economy is in, the cost of getting married doesn’t come cheap. But 3 On Your Side Consumer Reporter Jim Donovan has found a way to save.
According to the Salem Fire Department, a pregnant woman jumped from the second floor roof of a home to escape a fire.
A slowdown brought on by the rapid proliferation of casino gambling in the northeastern United States claimed its first victim in New Jersey on Monday when a federal bankruptcy judge approved the sale and shutdown of Atlantic City’s Atlantic Club Casino Hotel.
By Jim Donovan: Holiday shoppers don’t have to wait until Black Friday to start shopping for deals at Walmart. At 8 a.m. on Friday, Nov. 22, Walmart will kick off a pre-Black Friday savings event […]
Six months after exiting bankruptcy court, Atlantic City’s newest casino may be up for sale — or headed back to bankruptcy.