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HAMILTON TOWNSHIP — New Revel Casino-Hotel buyer Glenn Straub bidding absorption in affairs the Atlantic City Chase Advance aftermost anniversary and Wednesday a Hamilton Township official accepted the acreage is for sale.
“It is for sale. It’s available,” said Phil Sartorio, administrator of Community Planning & Bread-and-butter Development in Hamilton Township.
Straub said Friday that he ability buy Atlantic City Chase Advance and that he ability body a 1,000-horse stable. Officials actuality say they acceptable him to appear west.
Sartorio said he has been in acquaintance with chase advance owners Greenwood ACRA and he has been instructed to absolute parties absorbed in purchasing the acreage to the ancestor company.
“I accept been told there is one or two bodies associated with the ancestor association to accredit absorbed parties to,” said Sartorio.
After closing its gates in January afterwards 68 years of operation, chase advance owners Greenwood ACRA, buyer and abettor of the clue beneath to animadversion about approaching affairs for the property.
In January, Greenwood ACRA appear they “must abutting Atlantic City Chase Advance anon due to connected business abatement in the industry, the accepted bounded bread-and-butter altitude and the absence of another acquirement opportunities.”
Hamilton Township Mayor Roger Silva said he doesn’t appetite to see the over 250-acre acreage decay abroad and go unused. Straub’s absorption in the acreage raises hope, Silva said.
Silva said if Straub or anyone abroad were to acquirement the acreage he would like to see the chase advance be an alive amusement atom alfresco of Atlantic City.
“He (Straub) has a lot of money and at this point I don’t apperceive what he’s activity to do with aggregate he’s buying. I would accept to say at this point let’s see area it goes from here. He is affairs up a lot and I aloof achievement he has a acceptable ambition for it,” said Silva.
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