Thursday, May 29, 2008

Trump Marina Sold - To Become Margaritaville?

Thats right peoples. Finally Trump Entertainment has reached a deal to unload its troublesome Trump marina property. A New York investor group is buying the property for just over 300 million dollars.

Is this the end of the world as we know it? No more Friday night bikini contests. No more hooters. No more singers hanging at the wave. Answer: I sure fucking hope so. What a tired ass property. It reminds me of the Tropicana in Vegas, out of date but still in a great location. With the Borgata across the street and the new town powerhouse Harrahs around the way and you add in the Frank S Farely Marina its location location location.

This purchase continues the inner city battle between the Marina and the Boardwalk. One wonders who will suffer the fate of the freemont area in the Las Vegas a relic of a distant past. The smart money is on the Marina. If MGM builds its just about the ball game.

Peace
AJ

Wednesday, May 21, 2008

Do I Care Its Summer in AC?

Alright memorial day is just a few scant hours from now and I havent decided if I care or not. This important holiday used to get glanced over, but its war time and I feel more time should be spent thinking about the solideirs on Monday. Dont know how to do that but I digress.

Anyway back to Atlantic City. Earlier this week it was 42 degrees and rainy outside. Felt more like December than May. But the weather is supposed to be good this weekend. But does taht even matter? The party moved indoors when Harrahs opend up "The Pool". plus the two nightclubs at Borgata. The goal with both of these places was to keep the action going year round. For the most part they have kept that up. With the lack of a major beach bar and generally shitty beaches for hanging out on Atlantic City has lost its summer edge.

True its golf, beach, boating, fishing, sex in public weather. Im as undecided as the democratic party. The only truely high note I expect is when Bubba the Love Sponge of Sirius Satellite Radio makes his way to Atlantic City in July. Bubbapalooza starring Ned is at the Taj on July 12 and Bubba Army will be in Full Effect.

Hate
Action J

Monday, May 5, 2008

Will the Pier survive?

I have been a fan of the Pier since its inception, but things have not gone smoothly over the years. The problems started with a delayed opening. The doors opened 18 months after expected in a staggered opening, thus robbing the town of a dramatic Grand Opening celebration.



The place offers some of the best restaurants in Atlantic City and by far the most elegant shopping you will find in town. However my question is will the Pier survive? There are constant rumors as the profitability of its many high end clients. For sure some of the locales are meeting or exceeding expectations like Buddakan and Game on, but what about the rest of the place. On many a night I have strolled through the corridors of the Pier looking into the high end shops. The game I place is employees or customers. How many stores have more employees than customers ? The answer is everyone except the Apple store and Its Sugar.



There are many reasons that the Pier is not living up to its huge buzz. First off the thing is a bitch to get to. Who the hell wants to walk a mile to have dinner. They NEED valet parking at the boardwalk. How about that fountain show? Its right up there with the Bellagio Fountains or Mirgae's volcano or the 25 cent rocket ship out front of K Mart. Another sore spot is the lack of a nightclub. Initially Jeffery Chodrow's Rum Jungle was supposed to take the spot, but he has since backed out. This leaves the pier without an identity. Given Caesars relationship with PURE nightclub in its Las Vegas location one would assume this is a natural fit. However it seems we are doomed to live another summer without a big draw at the Pier.



This begs the question as to what will happen when all the leases run out and the stores can get the hell out. I would guess condos make the most sense or high end hotel suites. I cannot imagine the Pier remaining as it is for the long. Sorry guys nice try.