Revel Tenants, Utility Told $95M Fire Sale Of Casino Will Go On
By Cara Salvatore ( January 22, 2015, 1:52 PM EST) -- New Jersey's chief federal judge has rejected protests from the Revel Casino Hotel's restaurant partners and on-site utility company regarding a planned $95 million sale to a Florida golf course developer, saying Wednesday evening that questions over the status of their leases weren't strong enough in the face of a $9.5 million monthly carrying cost for the shuttered property....
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