A college near Atlantic City may buy one of the Jersey Shore resort town's defunct casinos.
Richard Stockton College in Galloway Township is in negotiations to buy either The Atlantic Club or the Showboat Casino and Hotel, according to a report from The Press of Atlantic City.
Atlantic City Mayor Don Guardian disclosed college officials' interest in real estate at an economic forum in Burlington County Wednesday, the newspaper reported.
"So in the next couple of weeks, you’ll see they’re either going to end up with the Atlantic Club, which means all the property in that section of town will become the college district,” Guardian told conference attendees, according to The Press of Atlantic City.
“Or they’re going to end up with Showboat, in which case the Southeast Inlet is going to become a district," he continued.
But a college spokeswoman would not confirm Stockton's pursuit of the properties when contacted by NBC10 Thursday.
"As we have said in the past, we are pursuing various opportunities in Atlantic City but nothing is definite and it is premature to discuss them,” said Sharon Schulman, Stockton's CEO of external affairs and institutional research.
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If true, the acquisition would allow the college to accommodate thousands more students.
