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Storm isn't all bad news for Atlantic City

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Colliers announces new senior managing director

By Mario Marroquin
September 19, 2017 11:19 AM

Commercial real estate firm Colliers International recently announced Thomas Shirocky has joined the brokerage firm to serve as a senior managing director in its regional consulting firm division. CONTINUE READING

Unity Bank opens new N.J. location in North Jersey

By Emily Bader
September 18, 2017 02:33 PM

Unity Bank announced recently it plans to open its second Bergen County branch in November. CONTINUE READING

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$10,000 grant presented to Camden employment program

By Arthur Augustyn
September 18, 2017 12:36 PM

Camden Corps Plus, a program designed to offer training and employment opportunities to youth in Camden City, received $10,000 in funding from Freeholder Jonathan Young and PSE&G. CONTINUE READING

V12 Data names SVP, data services and special initiatives

By Emily Bader
September 18, 2017 11:42 AM

V12 Data, a Red Bank-based omnichannel data powerhouse, announced Monday it has promoted Jewell Kinnison to senior vice president of data services and special initiatives. CONTINUE READING

Colliers International names senior managing director

By Emily Bader
September 15, 2017 11:17 AM

Colliers International announced recently that Thomas Shirocky has joined the firm as senior managing director in its regional consulting group. CONTINUE READING

CycleBar opens Livingston franchise

By Mario Marroquin
September 15, 2017 11:02 AM

Commercial real estate firm Eastman Companies recently announced one of its tenants at The Shoppes at the Livingston Circle, CycleBar, has officially opened its 3,200-square-foot studio at the property. CONTINUE READING

Colliers brokers sale of southern New Jersey medical center

By Mario Marroquin
September 15, 2017 11:07 AM

Commercial real estate brokerage firm Colliers International recently announced it completed the sale of the Medford Medical Center in Medford. CONTINUE READING

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Short post today, since our offices are closed.

Those of you who focused on the bad news during Sandy’s wrath missed a couple of key stories out of Atlantic City, such as the still unconfirmed reports that Revel CEO Kevin DeSanctis attached sails to his casino in the hopes that it would wash away to a land where people might actually go inside it.

Actually, there are two big stories out of the storm, and both involve the casino numbers. When October’s numbers are way off the mark of last year, expect the city’s ardent boosters to dismiss them, since we had closures as a result of a hurricane. Those folks will conveniently forget the crippling October 2011 snowstorm that they used to explain why that month’s numbers were down. They also won’t mention that October 2012’s disappointing numbers come with an extra casino — Revel — in the mix.

Then, when October 2013’s numbers exceed those from this month, you can watch as those same boosters somehow forget that the only reason the numbers are up is because we’ll have a full month of activity by which to measure them. By October 2014, someone will hopefully have decided to open a casino in North Jersey, or we’ll be reporting casino numbers not by hundreds of millions of dollars, but by the number of cigarettes cleaned up off the Boardwalk.

I’m even more irreverent on Twitter @joe_arney, but typically not when our office is closed. 

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Storm isn't all bad news for Atlantic City

By

Back to Top Comments Email Print

Latest News

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Short post today, since our offices are closed.

Those of you who focused on the bad news during Sandy’s wrath missed a couple of key stories out of Atlantic City, such as the still unconfirmed reports that Revel CEO Kevin DeSanctis attached sails to his casino in the hopes that it would wash away to a land where people might actually go inside it.

Actually, there are two big stories out of the storm, and both involve the casino numbers. When October’s numbers are way off the mark of last year, expect the city’s ardent boosters to dismiss them, since we had closures as a result of a hurricane. Those folks will conveniently forget the crippling October 2011 snowstorm that they used to explain why that month’s numbers were down. They also won’t mention that October 2012’s disappointing numbers come with an extra casino — Revel — in the mix.

Then, when October 2013’s numbers exceed those from this month, you can watch as those same boosters somehow forget that the only reason the numbers are up is because we’ll have a full month of activity by which to measure them. By October 2014, someone will hopefully have decided to open a casino in North Jersey, or we’ll be reporting casino numbers not by hundreds of millions of dollars, but by the number of cigarettes cleaned up off the Boardwalk.

I’m even more irreverent on Twitter @joe_arney, but typically not when our office is closed. 

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