\nATLANTIC CITY, N.J. (AP) \u2013 Bally\u2019s Atlantic City has revealed how much a buyer paid for the former Claridge casino hotel in Atlantic City.<\/p>\n
\tIn a filing with state casino regulators made public Monday, Bally\u2019s says TJM Properties paid $12.5 million for the Claridge, which the Florida real estate firm plans to operate as a stand-alone, non-gambling hotel.<\/p>\n
\tNeither side would reveal the purchase price when the deal closed in February.<\/p>\n
\tWhen it operated as a casino, the Claridge was the smallest gambling hall in Atlantic City. It is now taking reservations for stays beginning Memorial Day weekend.<\/p>\n
\tThe Claridge opened in 1929. Its guests included Marilyn Monroe, Al Capone, Princess Grace of Monaco, Frank Sinatra, and Nucky Johnson, the real-life political and rackets boss who was the inspiration for HBO\u2019s \u201cBoardwalk Empire\u201d series about prohibition-era Atlantic City.<\/p>\n
\tTJM Properties is a privately held real estate firm owned Terence McCarthy of St. Petersburg. TJM Atlantic City plans to position the property with the 1920\u2032s era theming.<\/p>\n
\tPlans include new themed restaurants, a lobby bar and entertainment options the company plans to announce soon.<\/p>\n
\tThe Claridge used to operate as an independent casino hotel. It was known for its widely advertised motto, \u201cSmaller Is Friendlier.\u201d<\/p>\n
\tIt was sold to Bally\u2019s in 2001, and most recently operated as a non-casino portion of Bally\u2019s Atlantic City.<\/p>\n
\tThe 500-room hotel is currently closed for renovations. It sits in front of Brighton Park on the famous Atlantic City Boardwalk.<\/p>\n
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ATLANTIC CITY, N.J. (AP) \u2013 Bally\u2019s Atlantic City has revealed how much a buyer paid for the former Claridge casino hotel in Atlantic City. In a filing with state casino regulators made public Monday, Bally\u2019s says TJM Properties paid $12.5…<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-7218","post","type-post","status-publish","format-standard","hentry","category-latest-casino-news"],"_links":{"self":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/7218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/comments?post=7218"}],"version-history":[{"count":0,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/7218\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/media?parent=7218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/categories?post=7218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/tags?post=7218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}