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Discussion in 'NJ Shore Points' started by Gio7707, Apr 10, 2012.
Whatever happens with the property, you can bet it won't be a casino.
This is a huge point. Name another Jersey Shore city Philadelphians can take a train to get to for a weekend getaway.
Really, name any beach town that has a train right to the coast. I don't even think LA or Miami can get you within walking distance of the beach without a bus.
yes, that price point better be small... given the huge property tax burden you will be stuck with in NJ! after factoring in condo fees, the "crib" itself may not be priced high but you might still pay a lot! haha
opportunities in AC are BIG
it will be a premier destination again within the next 30 years
Coney, Rockaway, Point Pleasant, Belmar
Not sure of any others. I know the shore at Manasquan is kinda far from the train station.
Both San Diego and San Francisco have light rail service within blocks of their beaches. There are quite a few in New England as well served by Amtrak and the MBTA. Mystic (CT), Plymouth (MA), Manchester-by-the-sea (MA), and Old Orchard (ME) are the ones that come to mind. There may be more.
Not sure about AC, but taxes on a ~700k home in Sea Isle are <$3k.
It looks to me like AC's combined local tax rate (county, school, and municipal taxes) in 2013 was 2.542% so a $200k condo owner would pay in the vicinity of $5084/year in local taxes + condo fees.
A.C.'s Revel to close Sept. 1 | Philadelphia Inquirer
The company put out a statement just before 6 p.m. Friday that said: "Revel Casino Hotel will remain open through Labor Day weekend. We encourage our guests to book reservations, enjoy our amenities and experience the same level of service they have come to expect.
"Revel will close the hotel at 11:00 a.m. on Monday, Sept. 1 and the casino at 5:00 a.m. on Tuesday, Sept. 2. All concerts and events scheduled prior to Sept. 2, will go on as planned, and all concerts and events scheduled for Sept. 2, or later, will be cancelled."
I can tell you that reservations can no longer be made online. All dates for all rooms say "FULL". Haven't tried calling though.
Ahh, good point, I forgot about San Diego. Other than that I typically head south for the beaches. I think Virginia Beach is finally planning to extend light rail. Still, AC has a huge advantage being connected to a major metropolitan area by train and it seems like they ignore that. I've never seen any marketing campaign in Philadelphia really pushing people to take the train to AC. There should be billboards all over the city proclaiming, "Why sit in hours of shore traffic when we can deliver you right to the beach?"
The Atlantic City Dream Is Dead
Whoa, that's gonna be one amazing abandoned skyscraper, sad to say. But it sounds like if a casino can't turn a profit, it's highly unlikely an investor will be able to keep the lights on anytime soon with a simple hotel. Jeez, whoever thought a gambling town was a good idea long term?
What facinates me is the fact that "gambling" in itself has been given such a glamourous treatment with casino-ism.
Add in the inherent weaknesses of common man of "winning big", toss in some entertainment and fancy food to attract the masses.
It's still a lousy sinful practice, like buying a whore for a "fix".
So, it's a matter of time till it comes crashing down.
And the poor suckers employed at those houses of gamble? - just like whores, pimped by a lousy master.
Now they're out of a job cause the pimp's house went dark.
And the city becoming dependent on such crap is also a big loser.
Greed, money, glamor, dreams - yeah, you keep on promoting such stuff as a healthy lifestyle, and I'll keep on laughing.
Because even with shore traffic, driving is faster, and they train doesn't even get you within walking distance to the beach or hotels.
it's my understanding that it used to be closer to the beach but they cut it back to its present terminus. any truth to that?
In another thread I posted about this why is marketing the train to AC to Philly folks ignored. I have taken the train several times to AC. It takes longer than driving, but it is convenient and relaxing. The AC station is nice and at least for me an easy walk to the boardwalk/beach. I like all the shopping options too.
New Jersey's "big" cities don't seem to get urbanism. The boardwalk is walkable from the train station, it's just what you have to walk through isn't exactly desirable. Not to mention some people will be toting luggage. Still, I'm sure you can easily catch a cab like one would from any other city's train station.
I just don't think they advertise it because those running AC really don't understand that it's an asset. And some of the more stubborn state officials might even be afraid that advertising the rail line could increase public usage and support, which could threaten to take state funds from other parts of NJ.
I'm pretty sure NJT runs the ALC begrudgingly as a "fine, you too" move for South Jersey. The 2 hour service gaps and incredibly slow slog through Frankford Junction sure don't help it any. The trains also have to go all the way back to Morrisville or the MMC for maintenance and fueling.
The walk from the station certainly isn't terrible these days... it takes you straight through the outlet mall.
And yet I was picking someone up coming to town through our lovely Greyhound bus terminal recently and I saw a bunch of people climbing on to a bus to Atlantic City promising stops at all the casinos at the same bus station. Its significant that those are people opting out of the train.
Yep. The bus is likely faster and probably has much better headways.
I think the bus tours typically get incentives to play. Something like free $20 slot credit to lure them down there. Then the casino just make up for it in added slot play, food, concessions etc.
Train transport between Philly and AC started in the 1800's. It has been variously popular and forgotten in spurts.
Back in the 80's 90's (oh there I go again…) there were plenty of adverts for the trains and busses between Philly and AC.
AC had its short-lived glorified rebirth and the advertising died when it started to die. (I question this whole notion that gambling died in AC because of nearby competition, but thats whole other line of argument). People know about the trains and busses. Like they know about them going to NYC . Which people do take in droves- much more than to AC. (remember how short lived the Bolt adverts were, and no longer?)
Anyway, one doesn't advertise to people who aren't interested. Thats how FB is making a ton of money.
Most people have a very basic misunderstanding of advertising- like the notion that it can summon folk to flock to MarketEast to see it.
Much of advertising is based on the notion that its so annoying (or fabulous) you remember it, and hence the advertiser, and hence name recognition…. and so you might buy from them because somehow they seem familiar. Its not meant to be informational, for the most part.
Anyway, the best thing that could ever happen with Atlantic City is that it be left alone and ignored. Tune in in, oh 50years I'd say. Its the same treatise I've put forth before regarding one cause of Philly's success today. Although it may take longer, because all this talk of making them casinos condos conjures ups suburbs on the shore- it'll take 100years to reverse that concept. the best possible scenario for AC is that no one wants to go there, and they don't. Thats how I made a ton of money off my property in OC.
The train does, indeed, get you within walking distance of Boardwalk hotels. Additionally, AC provides a free jitney when the train arrives to take you to all the casinos.
I was just going to post that! It's very easy, fast and free to get to the boardwalk.
I just wish i could get to ocean city via public transport in a reasonable manner! the ac boardwalk isn't as nice at all.
I believe they offered something similar on the train from NY that the casinos ran for a few years. Ridership wasn't terrible, but they practically had to give away the tickets to get butts in seats.
I was curious about that a few months ago. Apparently the old terminal used to be about where the factory outlets are now, at the corner of Arctic Ave. and that local road the expressway turns into on its way to Caesars. Maybe two blocks closer, not a huge difference.
My girlfriend and I plus two other people planned to go to the shore on a day off last week. The only car between the four of us was out of commission. We looked into either taking the train to AC, or renting a Zipcar and taking it directly to the shore town we preferred. The Zipcar was $80. We got to meet friends for dinner in Sea Isle. We didn't have to think about how we were going to get there, or how to get back to the train station afterward. These technological marvels of the 20th century are a jim dandy.
Or also for $80: we would have been stuck in stupid AC all day, without spending a bunch more on cabs. Plus no umbrella and no chairs, and we would have had to keep all our things stuffed into some goddamn duffle bags that we'd have to lug around everywhere we went. As we would have been surrounded the whole time by sweaty horny millennials from Brooklyn, or worse. NJ Transit makes an easy choice even easier.