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March 7, 2006
Plans call for luxury condo high-rise in A.C.
Atlantic City Press
By Derek Harper
The latest plans for redevelopment of a 30-acre parcel in Atlantic City include a high-rise luxury condo.
The site to be developed has a history that traces back to a deal between Forest City Ratner and the Showboat Casino Hotel. FCR's early effort to get into casino gambling was killed when in 2002, "the Housing Authority ended the decade-long tax-free deal."
NoLandGrab: This article provides a couple historic details about Forest City Ratner for those who are trying to understand the development company's priorities and principles.
Posted by lumi at March 7, 2006 8:41 AM