pens4821
pens4821
Joined: Jan 9, 2015
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January 26th, 2015 at 9:32:14 PM permalink
I also think that the Plaza building would be great for a casino. The location is amazing, and the resort itself is laid out well (I felt) because of it's small size. The east tower had amazing views, and the main tower was right there (never stayed in that one). It wasn't a big casino floor, but this day and age in AC you really don't need one. I know remodel is expensive, but I think even a rehab of the rooms would be a huge step in the right direction. The pillars everywhere were quite odd, and the marble throughout is over the top, but even just trimming that down and some room rehab would make the resort quite nice. I stayed in the east tower a few times, and the rooms (IMO) were nice. Throw some fresh paint and updated bedding, and that makes people instantly happier (although, they need a whole overhaul). I do think someday we're going to see at least a boutique casino at the Plaza building.
Gandler
Gandler
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January 27th, 2015 at 2:26:15 AM permalink
Quote: pens4821

I also think that the Plaza building would be great for a casino. The location is amazing, and the resort itself is laid out well (I felt) because of it's small size. The east tower had amazing views, and the main tower was right there (never stayed in that one). It wasn't a big casino floor, but this day and age in AC you really don't need one. I know remodel is expensive, but I think even a rehab of the rooms would be a huge step in the right direction. The pillars everywhere were quite odd, and the marble throughout is over the top, but even just trimming that down and some room rehab would make the resort quite nice. I stayed in the east tower a few times, and the rooms (IMO) were nice. Throw some fresh paint and updated bedding, and that makes people instantly happier (although, they need a whole overhaul). I do think someday we're going to see at least a boutique casino at the Plaza building.



I agree, and it would be a shame for such a great facility/location to go to waste. Its prime boardwalk real estate.
Intheknow
Intheknow
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January 27th, 2015 at 6:19:07 AM permalink
Atlantic club was recently purchased by a PA firm that has retirement properties in its portfolio. They haven't announced any plans for the building to date. The building needs significant infrastructure repairs.

Our Mayor has stated he has exciting news on the property but he can't mention news yet. I hope so because the boardwalk ends at Tropicana since closing. All the businesses between trop and Hilton are dying or dead.

The Mayor wants the Trump Plaza demolished.
bobsims
bobsims
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January 27th, 2015 at 12:04:20 PM permalink
Hard to see it. Hard Rock is flailing in LV. The universe of people both rich enough and stupid enough to pay $300 for $40 bottles of vodka is finite and declining.
7star4now
7star4now
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January 27th, 2015 at 12:24:50 PM permalink
Hard Rock LV (near chapter 11), is owned by Brookfield, Canada (who Backed out of Revel).

Seminole Tribe of Florida Hard Rock entity is at issue at Thurs hearing:

"2006- Seminole Tribe of Florida for $965 million bought Hard Rock business . Included in the deal were 124 Hard Rock Cafes, four Hard Rock Hotels, two Hard Rock Hotel and Casino Hotels, two Hard Rock Live! concert venues, and stakes in three unbranded hotels."

** The Hard Rock Hotel and Casino in Las Vegas was not part of the deal, as it was sold by Peter Morton to Morgans Hotel Group in May 2006.***

As part of the deal, MHG ** retained the rights to use the Hard Rock name for hotels and casinos in the Western United States and certain other territories**. Morgans operated the property and had a 12.8% equity partner in the venture along with DLJ Merchant Banking Partners until February 2011. At that time, ownership of the hotel was turned over to Brookfield,"
Gandler
Gandler
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January 27th, 2015 at 12:28:06 PM permalink
Quote: Intheknow


The Mayor wants the Trump Plaza demolished.



Did he say why?
vendman1
vendman1
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January 27th, 2015 at 12:40:31 PM permalink
Quote: Gandler

Did he say why?



Because he's a brain dead moron?
Scan
Scan
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January 27th, 2015 at 12:47:01 PM permalink
Trump has numerous serious problems from years of deferred maintainance. This supposedly includes mold from what I heard. The untold millions required to fix it would just lead to an outdated casino. Demolishion would provide space to add new retail or tourism space. It would also create a view to the water as people entered AC.
Scan
Scan
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January 27th, 2015 at 12:51:32 PM permalink
Also Hard Rick is a good fit. The clubs at Borgata and The Pool at Harrahs draws young people from far and wide. The HQ night club and the Dayclub was making plenty if money at Revel. Hard Rock would be a magnet fir the young hip crowd.
vendman1
vendman1
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January 27th, 2015 at 1:00:06 PM permalink
OK I'll agree that tearing down Trump plaza makes sense if someone was willing to build a new facility on the site. Preferably by a well funded operator who is willing to put in enough money to do it right. Much as I wish that would happen, does anyone really foresee that happening?

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