Lighthouse Plaza in AC Sells for $17M

Commercial real estate brokerage firm Marcus & Millichap announced the sale of Lighthouse Plaza located at 300 Atlantic Ave. in Atlantic City. The 189,935-square-foot mixed-use property sold for $17 million, according to Sean Beuche, regional manager of the firm’s Philadelphia office. Lighthouse Plaza is a 19-story mixed-use property with 266 residential units and four commercial […]

New private bus service between Philadelphia, NYC and South Jersey shore

A new bus service from Philadelphia and Manhattan to five towns on the Jersey shore begins Thursday. OurBus will launch the new routes on May 19, the company said, to Absecon, Ventnor, Margate, Ocean City and Wildwood. They will include the “first and only direct service between Philadelphia and Absecon, Margate and Ventnor” and the […]

New Jersey casinos pass pre-pandemic revenue levels in April

New Jersey’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $422 million from gamblers in April, up 20% from a year earlier, figures released Monday show. And the casinos’ core business, revenue won from in-person gamblers, surpassed the level of April 2019, before the coronavirus […]