Local government built Convention Hall in 1929 with 
no state help and ran it for almost 50 years.?? When there were no conventions, it was used for ice skating, sports, and entertainment.?? State complained city not attracting enough business and losing $500K per year and took over.? State borrowed $99 million to fix it for entertainment only,? $268 million dollars to build a second building for conventions only, and a fortune on politically connected public relations people to attract more business.?? Media bashed locals and said this was great idea.?? Now both buildings almost always empty.?? State loses $15 million to $20 million each year running them–30 to 40 times yearly loss when locals ran things. ? Now State is trying to sell.?? But who will buy??? Same story when state later took over Atlantic City Airport and Tourism District.? Best option now is bankruptcy to wipe out $300+ million of junk bond debt and give city fresh start.? ??http://www.pressofatlanticcity.com/communities/atlantic-city_pleasantville_brigantine/crda-open-to-offers-for-boardwalk-hall-convention-center/article_9906fb0c-bf20-11e5-b0b6-739c9f79bc74.html Seth 
Grossman, Executive Director. ? January 23, 2016