Atlantic City to sell or seize 500 abandoned buildings
“Selling hundreds of abandoned buildings is Atlantic City’s latest effort to raise money for its troubled finances and fight off a threatened state takeover.
Atlantic City plans to take possession of nearly 500 abandoned buildings and put them up for sale.
Mayor Don Guardian said Wednesday the city would use tax liens, emergency condemnation, or eminent domain proceedings to take control of the buildings and sell them to developers who would either repair or raze them.
Besides being a financial boost, the move could address a longstanding gripe among visitors about the seaside gambling resort.”
Parry, Wayne. Philly.com 12 October 2016.