Atlantic County, New Jersey Has One of the Highest Foreclosure Rates in the Nation
The worst inflation in 40 years has led to cascading effects, with consumer sentiment declining and gross domestic product decreasing in the first quarter of this year. While the Federal Reserve has been raising rates to tame inflation, this has resulted in higher mortgage rates. Combined, these factors appear to be cooling the U.S. housing […]
From autographs to the enormous amount of booths, The National thrills in Atlantic City
The Malvern, Pennsylvania, resident started the hobby when he was younger and, over 35 years, has accumulated thousands of signatures, many from Hall of Fame athletes. Camp added to his impressive collection Saturday at the 42nd National Sports Collectors Convention at the Atlantic City Convention Center. The five-day convention known as The National ends Sunday. […]
Flush with cash, NJ Transit plans upgrades
New Jersey Transit is significantly increasing its annual spending on capital projects after getting big cash infusions from the state and federal governments. Under an updated plan approved by NJ Transit’s board earlier this month, the agency is now budgeting more than $2.6 billion for capital projects during the fiscal year that ends June 30, […]
Atlantic City police break up homeless encampment under Playground Pier
Bill Butler, who is homeless, was awake at 7 a.m. on Monday when he and about 20 others were abruptly visited by city officials and told to vacate an encampment they had set up under Caesars’ Playground Pier. Butler and about 20 to 25 squatters were escorted from the spot, first discovered underneath the pier […]
Copper theft drops CRDA’s sale price of AC building in half
Last year, the Casino Reinvestment Development Authority negotiated a deal to sell a building for about a 10th of its assessed value of more than $1 million. On Thursday, authority board members unanimously agreed to cut that price in half, after someone stole the copper façade off the property. The multi-story building at 20 S. […]
Amazon facility no longer coming to Galloway
Plans to build an Amazon delivery facility in the township appear to have been shelved, dampening hopes of bringing the online retail giant to the area — but there is a chance another project at that same location is en route. The township Planning Board announced in February that there was a proposal to build […]