Page 30 - Bart Blatstein News Today

December 30, 2020, 10:33 am · The New Jersey Casino Reinvestment Development Authority (CRDA) on Tuesday approved a 20-year tax break for a proposed $100 million indoor water park at a site adjacent to Atlantic City’s former Showboat casino. Showboat owners sought an entertainment retail district designation for the water park to make it eligible for the 20-year tax rebate. The CRDA approved the requested designation to thus entitle the project to an annual...

By Wayne Parry • Updated on December 29, 2020 at 11:33 am NBC Universal, Inc. What to Know A New Jersey agency has approved a 20-year tax break for a $100 million year-round indoor water park to be built next to the former Showboat casino in Atlantic City. The Casino Reinvestment Development Authority approved designation of the project Tuesday as an entertainment retail district. That entitles it to an annual rebate of as much as $2.5 million in sales tax generated by it for 20 y...

20-year tax break approved for indoor water park in Atlantic City Published  The Casino Reinvestment Development Authority approved designation of the project Tuesday as an entertainment retail district. That entitles it to an annual rebate of as much as $2.5 million in sales tax generated by it for 20 years. There also will be tax breaks on construction materials used for the project. Philadelphia developer Bart Blatstein owns the Showboat. 20-year tax break approved for water park in Atlanti...

California Oct 30, 2017 Ready or not, California kicks off recreational marijuana sales on Jan. 1. And, mostly, it’s not. Los Angeles and San Francisco are among many cities still struggling to fashion local rules for pot shops and growers. Without the regulations, there could be limited options in many places for consumers eager to ring in the new year with a legal pot…

Showboat AC Wins Approval for Indoor Water Park December 16, 2020, 9:33 am · The New Jersey Casino Reinvestment Development Authority (CRDA) on Tuesday gave a final site plan approval for a proposed indoor water park at Showboat Atlantic City. But the CRDA is yet to give one more key approval before the project moves forward. The Showboat’s owner, Philadelphia-based real estate developer Bart Blatstein is seeking an entertainment retail district designation f...

$100M water park at Showboat hotel OKd, tax break pending by Wayne Parry, The Associated Press Posted Dec 15, 2020 3:37 pm EDT Last Updated Dec 15, 2020 at 3:44 pm EDT This June 8, 2016 photo shows the exterior of the former Showboat casino in Atlantic City, N.J. Philadelphia developer Bart Blatstein, the owner of the Showboat hotel said, Wednesday, May 27, 2020, that he is planning a $100 million year-round indoor water park next door to it, and will break ground on the project in August. (AP ...