Applications sent two weeks ago

Official says Straub still needs license, inspections to reopen former Revel

In August 2015, Straub bought the once USD 2.4B Revel for USD 82M in bankruptcy court. In October, the property received its temporary certificate of occupancy from the city.

United States 
| 15/02/2017

The clock is ticking on Glenn Straub’s self-imposed deadline to reopen the shuttered Revel, now known as TEN, for the upcoming Presidents Day Weekend.

For the last month, Straub has been touting the reopening of the facility despite lacking two critical city permits.

The property still needs a mercantile license and health inspections for its restaurants, spas and pools, Dale Finch, city director of licensing and inspection, said Monday.

“We sent him the applications two weeks ago, and we haven’t heard anything back,” Finch said. “I don’t know what is going on with him.”

Finch said it would be difficult to process applications before the weekend if he submits them Tuesday.

“It would only give us three days,” Finch said. “We would do all that we can to try to help him.”

On Monday, Revel players’ card advertisements still were featured above the Boardwalk entrance to the property. The doors remained boarded up, and fences prevented people from accessing the property

In August 2015, Straub bought the once $2.4 billion Revel for $82 million in bankruptcy court. In October, the property received its temporary certificate of occupancy from the city.

Last week, the state Casino Control Commission ruled Straub must have a gaming license despite leasing casino operations to a third party. Straub has vowed to challenge the ruling in court, a move that could further delay the return of gaming to the more than 6 million-square-foot property.

The property contains 13 restaurants, a 32,000-square-foot spa, 55,000 square feet of retail space and a parking garage with more than 7,000 spaces.

Yogonet.com/pressofatlanticcity.com

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