“We have made every effort to find a buyer who could realize the potential of The Atlantic Club Casino Hotel,” head of TJM Development and Operations Matt Bradley said in a statement. TJM purchased it for $13.5 million with the intention of selling it. The 800-room hotel has been closed for more than five years and changed hands several times since Caesar’s closed it in 2014. Terms of the sale were not disclosed in the release about the sale.Ītlantic Club, which is one of two Atlantic City properties owned by TJM, is the former Golden Nugget Hotel Casino built by Steve Wynn. ATLANTIC CITY – TJM Properties has sold the Atlantic Club Casino Hotel to Colosseo Atlantic City Inc., a New York City-based investment and construction firm.
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