Dispute Leaves Revel In The Dark

ATLANTIC CITY, NJ – Revel, the $2.4 billion former casino hotel sold this week for $82 million, went dark – literally – Thursday afternoon.

Power was cut off around 2:20 after its supplier, ACR Energy, made good on multiple threats to new owner Glenn Straub and shut off the lights to the 6.2 million-square-foot, 47-story Boardwalk property.

“Everything is out, it’s a dead building,” a security guard said after the plug was pulled.

It was a hard-to-fathom turn of events even for the endlessly twisty saga of the Revel, once predicted to be an Atlantic City game-changer and now standing tall, dark, and empty in the unpredictable hands of Straub, a maverick Florida businessman and polo player.

Read more at http://www.philly.com/philly/business/20150410_Revel_goes_dark__power_company_pulls_the_plug.html#2yowtyKvfB4cVe3h.99

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