Update: Philadelphia Area Restaurant Openings

To update the crop of projected restaurant openings over the next eight weeks or so:

Mere hours old is The Crazy Sofa, a sushi/small plater, next to the Regal theater in Newtown Square (the former Roux 3).

Any day now, Collingswood will see the debut of Local Market and Cafe (714 Haddon Ave.), which will sell foods to go or eat-in and will have a coffee bar, deli, butcher, bakery and grocery sections.

Friday, Nov. 21 is day one for Latin Flavor, a Caribbean cafeteria at 627 South St.

Read more at http://www.philly.com/philly/blogs/the-insider/Update-Restaurant-openings.html#kJeUoftlBK7KtdFG.99

No Man’s Land, Atlantic City

full-state map

full-state map (Photo credit: Wikipedia)

Tucked into northeast Atlantic City, where ocean meets inlet, is a two-by-six block expanse of undeveloped land that in other shore towns would be carved up by wealthy outsiders to build $2 million homes.

Instead, the few surviving, decades-old houses dot hundreds of empty lots like jagged teeth at the mouth of a yawning ocean in this sleepy part of town. Some call it North Beach; others South Inlet. Bill Terrigino, 69, lives at one end, his home one of those visible teeth.

An empty Revel casino shimmers in the background, emblematic of the mirage Atlantic City has become. Terrigino, a laid-off casino banquet server who resembles a Jersey Shore version of Hemingway, has a two-story home on South Metropolitan Avenue.

His house boasts an unobstructed waterfront view – but not by design. It’s just that nothing stands between it and the Atlantic Ocean.

Read more: http://www.philly.com/philly/news/new_jersey/No_Mans_Land_Atlantic_City_.html

John And Joyce Sheridan’s Son Charged With Cocaine Possession Day Of Deaths

English: New Jersey county map

English: New Jersey county map (Photo credit: Wikipedia)

SKILLMAN, N.J. – Hours after Cooper Health System CEO John Sheridan and his wife, Joyce, were pulled from their fire-ravaged bedroom and pronounced dead Sept. 28, one of the couple’s sons was arrested for cocaine possession, police records show.

After authorities found cocaine in his car, Matthew Sheridan, 40, was arrested for third-degree cocaine possession. Police also arrested him for possession of drug paraphernalia for a digital scale and baggies. He lived at home with his parents.

The arrest was not made public at the time by the Somerset County Prosecutor’s Office, which is handling the investigation into the Sheridans’ deaths. The Inquirer on Wednesday obtained the booking report, which documented the arrest, through an open public records request made to Montgomery Township.

Members of the Sheridan family declined to comment Wednesday on the arrest.

Read more at http://www.philly.com/philly/news/20141113_Sheridans__son_was_arrested_for_cocaine_after_deaths.html#u2RUP4xu78tmp8Cr.99

Killings, Shootings, Crashes Mark Violent Weekend In Philadelphia Area

The weekend in the Philadelphia region was marked by a series of violent incidents, including shootings and car crashes that have left at least eight people dead since Friday night.

The deaths include two fatal shootings in Camden and three in Philadelphia, as well as two deadly traffic accidents in South Jersey and one in Bensalem.

Other violent incidents also added to the weekend mayhem, including the shooting of a Temple University student, two double shootings and a robber who threatened to give his victim AIDS.

In Camden, authorities are investigating two deadly shootings that occurred hours apart Sunday morning.

Read more at http://www.philly.com/philly/news/Killings_shootings_crashes_mark_violent_weekend_in_Philadelphia_area.html#0hUiZaOfGhfvm0Iv.99

United Will Drop Service To And From Atlantic City On Dec. 3

An early photo of the Atlantic City Airport Te...

An early photo of the Atlantic City Airport Terminal (Photo credit: Wikipedia)

In another blow to Atlantic City, United Airlines will end flights in and out of Atlantic City International Airport on Dec. 3, saying the service to Chicago and Houston did not meet expectations.

United, based in Chicago, arrived to great fanfare eight months ago – celebratory balloons, beach umbrellas, and praise from officials including Gov. Christie – when it launched daily nonstop service April 1 to Chicago’s O’Hare and Houston’s George Bush Intercontinental Airports.

United was the first major carrier to begin new passenger service in several years at the airport in Egg Harbor Township.

Read more at http://www.philly.com/philly/business/20141108_United_will_drop_service_to_and_from_Atlantic_City_on_Dec__3.html#7XdUM0B2JiQ01vhZ.99

Wilkes-Barre’s Sherman Hills Complex Now Prefers Locals

Map of Pennsylvania highlighting Luzerne County

Map of Pennsylvania highlighting Luzerne County (Photo credit: Wikipedia)

WILKES-BARRE, PA — The welcome mat is still out for out-of-state residents at Sherman Hills, but under a program instituted by the new owner, locals are given preference to move into the federally-subsidized apartment complex.

The preference also applies if a member of the household waiting to get one of the 344-units has a job.

John VanMetre, director of property management for The Aspen Companies, an affiliate of Teaneck, New Jersey-based Treetop Development, owner of the complex, explained the change in light of a recent report that Sherman Hills had advertised for tenants in the New York City area.

VanMetre said that with the change in ownership, any ads are done locally.

Read more: http://www.timesleader.com/news/news/50555847/Sherman-Hills-puts-focus-on-locals

Details Sparse In Deaths Of Cooper CEO And Wife

Map of New Jersey

Map of New Jersey (Photo credit: Wikipedia)

Nearly two weeks after Cooper University Health System chief executive John P. Sheridan Jr. and his wife, Joyce, were found in their home, authorities have released few details about their deaths.

Several days after the fire in the couple’s Central New Jersey home, the Somerset County Prosecutor’s Office said it was deliberately set.

Sheridan, 72, and his wife, 69, were found unresponsive in the second-floor master bedroom of their Montgomery Township home early Sept. 28. He was pronounced dead at the scene, and she was pronounced dead a short time later at a nearby hospital.

Authorities have not disclosed who they believe set the fire or why, or what led to the deaths of the prominent couple.

Read more at http://www.philly.com/philly/news/new_jersey/20141011_Details_sparse_in_deaths_of_Cooper_CEO_and_wife.html#T4mghCdK2u7eFVxk.99

High Hopes For $38 Million Project In Pleasantville

Map of New Jersey highlighting Atlantic County

Map of New Jersey highlighting Atlantic County (Photo credit: Wikipedia)

PLEASANTVILLE, N.J. – This down-on-its-luck stepsister town to neighboring Atlantic City has struggled economically for decades, languishing without a redevelopment plan or the ability to attract private investment.

But a $38 million project that includes two apartment buildings and retail space on a vacant Main Street block is expected to set the cornerstone for economic growth and expanded development in the Atlantic County city, according to Jacqueline Amado-Belton, economic development director for the City of Pleasantville.

“We feel like we have borne the brunt of a lot of issues that have spilled over from Atlantic City over the years,” Amado-Belton said. “In terms of perception and other factors, it’s been a struggle and a challenge to get to this point.”

The Pleasantville City Center, expected to be completed by next summer, will add 135 apartments and 18,000 square feet of retail space and will be bordered by Main Street, Washington Avenue, Milan Avenue, and South Second Street.

Read more at http://www.philly.com/philly/news/new_jersey/20141006_High_hopes_for__38_million_project_in_Pleasantville.html#ZlSiLKCqFZQAdj9H.99

Cooper Health Executive John Sheridan, Wife Found Dead After Fire In Home

Map of the 21 counties of the State of New Jersey

Map of the 21 counties of the State of New Jersey (Photo credit: Wikipedia)

Arson and major crimes detectives were investigating a fire at the home of John P. Sheridan Jr., president and CEO of the Cooper University Health System, and his wife – whose bodies were found in their bedroom Sunday morning, authorities said.

Firefighters found Sheridan, 72, and his wife, Joyce, 69, when they were called to the couple’s home in Skillman, Somerset County, in central New Jersey. Neighbors saw smoke coming from the house but no flames.

The Somerset County Prosecutor’s Office said detectives from its arson task force and the major crimes unit assigned to the case had been joined by the crime scene investigation and forensic units.

The New Jersey regional medical examiner was scheduled to perform autopsies. No preliminary information had been released on the suspected cause of death.

Read more at http://www.philly.com/philly/news/new_jersey/20140929_Cooper_Health_executive_John_Sheridan__wife_Joyce__die_unexpectedly_in_N_J_.html#LGgTer5CrSypoGZv.99

 

Atlantic City’s Credit Rating Is Downgraded

Trump Taj Mahal, 2007

Trump Taj Mahal, 2007 (Photo credit: Wikipedia)

ATLANTIC CITY – Standard & Poor’s downgraded Atlantic City’s credit rating from A-minus to BBB-plus on Monday, citing mainly the closing of four of 12 casinos this year.

The downgrade, which includes a negative outlook for the city, comes as Atlantic City is struggling with the loss of tax revenue because of the closures.

Combined, the shuttered gambling halls – Atlantic Club, Showboat, Revel and Trump Plaza, which closed last Tuesday – generated about $75 million in property tax revenue last year. A fifth – Trump Taj Mahal – may close in November.

Read more at http://www.philly.com/philly/business/20140923_JERSEY_SHORE.html#8By6Www9h9YC1lJB.99

Stricken Revel Has A Buyer – For $90M In Cash

Map of New Jersey

Map of New Jersey (Photo credit: Wikipedia)

Revel AC Inc. said in a bankruptcy court filing Wednesday that it had reached a deal to sell its $2.4 billion Atlantic City property to South Florida developer Glenn Straub for $90 million in cash.

The deal was reached Friday, according to the filing. That was less than a week after Revel closed, putting nearly 3,000 people out of work.

The offer is less than 4 percent of the casino’s original price tag.

“It’s not going to be just a casino,” Straub said. “There’s four people that would make excellent casino operators, but that building is much, much more than just a casino.”

Read more at http://www.philly.com/philly/business/20140911_Stricken_Revel_has_a_buyer_for__90M_in_cash.html#UYw7HbKdWPWbAI8K.99

Trump Casinos File For Bankruptcy

Trump Taj Mahal, 2007

Trump Taj Mahal, 2007 (Photo credit: Wikipedia)

The purge of Atlantic City‘s weakest casinos continued Tuesday, as Trump Entertainment Resorts Inc. filed for bankruptcy in Delaware, a week before it plans to close Trump Plaza, putting a fifth Atlantic City casino in danger of closing this year.

After a previous bankruptcy in 2010, during which Donald Trump lost control of the company to hedge funds, Trump Entertainment attempted to retool its operations, but failed to increase revenue and profits, the company’s chief executive, Robert Griffin, said in a court filing Tuesday.

Operating losses at Trump Entertainment, which also owns Trump Taj Mahal, soared from $5.1 million last year to $25.7 million in the first six months of this year, Griffin said. That put the company in a cash crunch.

Read more at http://www.philly.com/philly/business/20140910_Trump_casinos_file_for_bankruptcy.html#bgqO4MgG4T3piOxI.99

Community Tips, Cooperation Behind Drug Crackdown In Phillipsburg

Map of New Jersey

Map of New Jersey (Photo credit: Wikipedia)

It started with concerned residents reaching out to police.

It ended with nearly two dozen arrests.

A recent drug crackdown in Phillipsburg and 10-day roundup of alleged dealers and users was a team effort, police Chief James Faulborn said last week. Community members relayed tips and information, authorities followed up with “basic police work” and nearby police departments offered a helping hand.

“It was a collaborative effort with us reaching out to the community and the community responding with information,” he said. “Working together with the community and other law enforcement agencies, we were able to execute search warrants and arrest warrants and take the necessary action.”

Read more: http://www.lehighvalleylive.com/phillipsburg/index.ssf/2014/09/community_cooperation_behind_d.html

Atlantic City Facing Unprecedented Economic Collapse

full-state map

full-state map (Photo credit: Wikipedia)

The Atlantic City region is on the brink of a short-term economic disaster.

Atlantic City made history 36 years ago when it opened the first legal casinos in the United States outside Las Vegas.

Now it’s doing so again as casino employment – which for years exceeded the number of city residents – drops precipitously after a decade of steady decline.

The closing of three casinos, starting with Showboat and Revel this weekend followed by Trump Plaza two weeks later, and the rapid-fire loss of 5,700 jobs, draw historic comparisons to longer-term collapses of U.S. industries such as steel.

Read more at http://www.philly.com/philly/business/20140831_Atlantic_City_facing_unprecedented_economic_collapse.html#GmfpHBJZ5OpDgeaJ.99

Casino Closings Wipe $2 Billion From Atlantic City Property-Tax Values

English: Picture of the Tropicana from the Boa...

English: Picture of the Tropicana from the Boardwalk. (Photo credit: Wikipedia)

The closure of three Atlantic City casinos by mid-September will wipe $2 billion from the city’s property-tax values next year, exacerbating the already cash-strapped city’s financial plight, Mayor Don Guardian warned Tuesday.

By 2017, Guardian said on a conference call to discuss Atlantic City’s way forward as a tourism center following the rout of its casino industry, property values are expected to have fallen to as little as $7.5 billion from $20 billion five years ago.

In the short term, Guardian said the New Jersey Department of Community Affairs has made money “available for some bridge loans to make sure that the city continues functioning with this year’s budget because of any concern that we might have that a casino’s closing, going bankrupt might hold off payments.”

Read more at http://www.philly.com/philly/business/20140827_Casino_closings_wipe__2B_from_Atlantic_City_property-tax_values.html#9bAf73M2kyMlu0jB.99

Cops: Man Hands Them Pot At Sherman Hills, Leads Them On High-Speed Chase

Map of Pennsylvania highlighting Luzerne County

Map of Pennsylvania highlighting Luzerne County (Photo credit: Wikipedia)

WILKES-BARRE — A New Jersey man faces a slew of charges and bail of $250,000 after he allegedly led police on a high-speed chase from the Sherman Hills apartment complex following a traffic stop.

Officers conducted a traffic stop on Bradley Ercel Burgess, of Bergin Avenue, Jersey City, New Jersey, just after 7 p.m. Wednesday near Coal Street and Logan Court and detected a strong odor of marijuana coming from Burgess’ vehicle, police said.

Police asked Burgess what he was doing in Sherman Hills, and he told them he was visiting a friend. When asked if he had any marijuana in the vehicle, Burgess allegedly handed an officer a cigar packet and stated that it contained a small bag of marijuana, police said.

Read more:  http://www.timesleader.com/news/local-news-news/50184160/Man-arrested-after-high-speed-chase-from-Sherman-Hills#.U_iwJPRDsxI

Prayers For Atlantic City As Closings, Layoffs Loom

English: Atlantic City (NJ) - The boardwalk in...

English: Atlantic City (NJ) – The boardwalk in a rainy day (Photo credit: Wikipedia)

ATLANTIC CITY – Members of the clergy locked arms as they led a march of about 400 Unite Here Local 54 members in “a prayer vigil for Atlantic City’s service economy” on Wednesday night.

“This is union territory,” the casino workers chanted as they marched along New Jersey Avenue amid car horns honking in support. Many held signs, including Linda Bragg, 56, of Atlantic City, who works at Bally’s. Hers read: “Atlantic City – Broken Promises.”

“We don’t want to be a forgotten town,” she said. “I grew up with all these people. We made millions for the state. It’s really heart-wrenching. A mess.”

The march, on the eve of three planned casino closures, started between the Revel and Showboat casino hotels on the Boardwalk at 6:30 and ended more than an hour later at New Shiloh Baptist Church on Atlantic Avenue. Several pastors and bishops held a prayer service in support of the employees, many of whom are members of their churches.

Read more at http://www.philly.com/philly/business/20140821_Prayers_for_Atlantic_City_as_closings__layoffs_loom.html#OST66wvzBszPrqpJ.99

If 4 Atlantic City Casinos Close In September, Then What?

English: Atlantic City (NJ) - The boardwalk in...

English: Atlantic City (NJ) – The boardwalk in a rainy day (Photo credit: Wikipedia)

ATLANTIC CITY, NJ – This resort faces the prospect of having four major vacancies on its famed Boardwalk come mid-September.

The grim reality sank in July 14 when Trump Plaza issued layoff notices and targeted Sept. 16 as the date to cease operating as a casino.

Perception is reality in tourism, experts say, and the Boardwalk is synonymous with Atlantic City. How will four hulking, empty buildings sit with visitors – especially at night – and will they impede tourism when Atlantic City needs it the most?

“When an area goes dark, and there are increased vacancies, it generally sends out more than a subtle message that things are not promising on the horizon,” said Don Moliver, dean of the Leon Hess Business School at Monmouth University.

Read more at http://www.philly.com/philly/business/20140722_Atlantic_City_lights_dimmer_in_September.html#LRbj1JvhlyPXrwkJ.99

Pennsylvania’s Stagnant 2013 Growth Has Political Repercussions

Map of Pennsylvania, showing major cities and ...

Map of Pennsylvania, showing major cities and roads (Photo credit: Wikipedia)

Pennsylvania’‍s economy stalled last year, according to a report from the federal Bureau of Economic Analysis.

Pennsylvania’‍s real gross domestic product, an indicator of general economic conditions, grew just 0.7 percent in 2013. Only three states and Washington, D.C., saw slower growth.

Pennsylvania was also out-performed by its neighbors, West Virginia and Ohio, which saw 5.1 and 1.8 percent growth respectively. West Virginia has now outgrown Pennsylvania for six straight years, and Ohio has for two. Even struggling New Jersey beat out the Keystone State, posting 1.1 percent growth.

Read more: http://www.post-gazette.com/business/2014/06/19/Pennsylvania-s-stagnant-2013-growth-has-political-repercussions/stories/201406190114#ixzz356R8ZzWX

Lewis Katz, ‘The Most Unique Man I Ever Met’

Lewis Katz would tell you he was just a kid from Camden who grew up to walk with presidents.

He was consistent in his passions, blunt in his opinions, a man who adored his family, detested dishonesty, and was as comfortable in $1,100 hand-made Italian shirts as he was in loud green sneakers.

He made his own fortune, owned magnificent homes in New York, Florida, New Jersey and Pennsylvania, and never lost his affection for the gravelly streets of the city where he was raised.

Mr. Katz, 72, whose enormous wealth never obscured his devotion to the less fortunate or his love of the underdog, was killed on Saturday in a plane crash in Massachusetts.

Read more at http://www.philly.com/philly/obituaries/20140602_Lewis_Katz___The_most_unique_man_I_ever_met_.html#4qfCARKdFtudIIFL.99

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