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Owner Of Bankrupt Casino Offers To Unleash Thousands Of Syrian Refugees In New Jersey
No, not Donald Trump.
Recall that back in April 2012, an ecstatic Atlantic City basked in the neon blue glow of its most recent, "category-killer" casino-hotel, the Revel.
Revel promotional materials: archive
The taxpayer-backed casino was supposed to provide thousands of jobs and millions in much needed tax revenue for both the city and the state for years to come. It did none of that because less than 10 months later, it filed for its first bankruptcy. 16 months later it filed its second bankruptcy as the Atlantic City hotel/casino business model was officially pronounced dead.
Revel's problems did not end there.
Two days after the current owner of the former casino, Florida developer Glenn Straub who bought the building (unwillingly: in November 2014 Canada's Brookfield ended up winning the liquidation auction with a $110 million bid but it subsequently backed out, leaving "back up" Straub as the owner in February 2015) its sole source of electricity, heat and water cut off utility service after it could not agree with Straub on a contract. New Jersey's Department of Community Affairs ordered the power plant to provide limited electricity to keep fire and safety systems powered, but the situation is beset by litigation on all sides.
On Monday, a judge delayed a request by a sewer utility to cut off service to Revel when the utility claimed it hadn't been paid. Straub must put $140,000 into an escrow account pending a January hearing. In other words, what seemed like a slam dunk deal just 9 months ago has once again turned into a money pit.
And all this without any real vision of how to convert the building into anything that can generate revenue. In fact, even Straub has given up. Which is why, according to AP, he has proposed using it as an indoor water park, a medical tourism resort, an equestrian facility, and a so-called "genius academy" where the world's top minds would tackle society's problems.
Which brings us to Straub's latest proposal how to use the vacant, money-losing building: use it as shelter for Syrian refugees.
Straub told The Associated Press on Tuesday that he's willing to let people displaced by the civil war in Syria stay at the 47-story Revel resort as he fights in court over its future.
"We treat our dogs better than we treat the Syrians right now," he said. "If the government wanted to house Syrian refugees, I'd give them use of the building and let them put those people there."
Which is great news for Obama: recall that recently the White House announced it would accept 100,000 refugees in the US starting in 2017. Surely a few thousand of them wouldn't mind staying in the luxury building.
Straub added the building is likely to remain vacant for the foreseeable future while he hashes out a half-dozen lawsuits or regulator battles involving its utilities, taxes and former business tenants.
Is Straub doing this out of the goodnews of his own heart? Hardly: he told AP that his "only request would be to be reimbursed for the cost of operating the building while refugees were staying there."
In other words, the Florida developer made a terrible deal, found himself stuck with a terrible "asset" which he can't refund or resell, and on top of that, he now has to pay hundreds of thousands of dollars in municipal fees even if the building remains vacant forever. His solution: unleash a few thousand Syrian refugees in New Jersey because, drumroll, he is such a noble guy.
Somehow we doubt a few millions New Jerseyans would share the "kindness" of his heart if asked whether they are willing to cohabitate with a few thousand Syrian refugees living in the taxpayer-funded luxury of a recently bankrupt casino.
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I bet that they will not stay in Sweden after the white Swedes are gone.
While you can have infrastructure turn to shit in warm climates and continue on living, that is not true for Scandinavia.
When those that built and maintained everything are gone those invaders will leave or die.
Nature is not a social justice douche bag, and in that part of the world nature is brutal during the winter months.
Good observation. The only buildings left will be Mosques. All Churches, museums and public art will be rubble as will all Govn't bldgs. and factories. Sweden is gone but many more will follow. And this is NOT in the far future. And NOT imagination. History speaks.
& they are coming for your daughters to breed like hell
I'll bet the woman have a size 9 cunt and size 5 asshole and pregnant
Change the name of the place to REBEL and Obama will have it filled to the roof.
STRAUB. Another fine Dual-Citizen.
Careful for what you wish for assholes....
Hey, it worked for Erdogan. Unleashing the wave of refugees into Europe got him 3Billion dollars plus the rigged elections he wanted.
The fact he helped turn those people into refugees in the first place seems not matter for the commentariat.
I kinda feel sorry for ol' Straub. Maybe some bright minds at ZH can brainstorms some viable uses for his facility;
I was thinking he could offer to store the TBTF banks spare change---Oceans 13, 14, 15? What is it now? Guess we'll have to
ask Clooney or Pitt.
Is he going to steal their precious bodily fluids too, this Straub?
Of course, he's not serious, just another Zio bigmouth looking to "fit in" with his neocon betters. "SAVE TEH SYRIANS" yeh riiiiight.
That jacuzzi is where I practice my scuba diving...
Still planning on going after everything you lost in that boating accident huh?
He must have some idea how refugees would treat his building. The only answer is that he is trying to have this building condemned. It's the only way, I see, to get out of this money pit.
Eventually, perhaps. What he is doing now is classic "Rent Seeking 101." He's looking for a guaranteed revenue stream to cover "costs."
>>>.... Unleash Thousands Of Syrian Refugees In New Jersey <<<
That would be a major improvment!!
Nothing says AC, NJ like a few ISIS supporters hanging on the old boardwalk.
dupe
"We treat our dogs better than we treat the Syrians right now"
In shelters alone, approximately 3-4 million cats and dogs are euthanized every year. I propose that more than 4 million islamic cult-worshiping primitives be terminated/euthanized per year in order to treat these dangerous vermin comparable to how very valuable dog and cat companions are treated.
Allow me to open this can of wombs... approximately 1 milllion plus abortions in the US... So if we are going to low ball a number...
Planned Parenthood's research arm, the Guttmacher Institute says the estimated total abortions since Roe v. Wade is over 50 million, a whole lot of killing for life-style convenience's sake. You have to deduce the numbers from their annual reports, they never report a running total, it would be so alarming and depressing:(
Oddly, matching the numbers of alien invaders. Weird huh?
Revel. That's Chris Christies New Jersey Comeback Story......oops !!!!!
To paraphase Dr Engali, if Trump doesn't get elected then it's time for all of us to go off the reservation.
Show them Newark.
They'll swim back.
https://en.wikipedia.org/wiki/Lakewood_Township,_New_Jersey
"Lakewood is one of the hubs of Orthodox Judaism and is home to one of the largest yeshivas in the world"
If you send the Syrians there (or any refugees) I have no doubt whatsoever they will be welcomed with open arms...jews just love diversity and cultural enrichment, maybe not as much as owning property and renting to them, but close.
These are very aggressive angry war-torn young men who are most likely an even match for those thugs. Don't forget these are the survivors of over 14 years of hell/war in their countries so I suspect they can handle our gangbanging thugs fairly well. Since Barry is importing thousands of them I guess we'll find out.
Send them to the black hole that is Camden
Just like Germany, Austria and Hungary... Who says these refugees with an invite to the Jersey Casino are "Syrians"?...
Anybody take a real good look at the picture of the "fab five" on that ZH read yesterday?!!!..
Hint: Straub is a fucking Zionist who works for Sheldon Adelson and the 300 year old vampire George "Schwartzy" Soros!
Don't forget Soros started his business career as a Nazi employee delivering deportation orders to fellow Jews.
Selling stuff the the US government is one of the few profitable business models left these days. I don't blame him for trying. What do you think he can get in gross fees for this service, five thousand dollars per person per month?
In Jersey? Sure as long as 10 other people get a thousand per month on top of that
Only in America.
What a farce...
First, consider that the present governor of NJ was being seriously vetted for President despite his oversight of the bankruptcy of AC. Then, recall for a moment the governor who preceded him. There's your so-called two party system in a nutshell. Forget voting your way out of this.
Second, ponder for a sec that a luxury casino that cost *billions* just a few years ago is now apparently worthless.
Third, consider the fact that NJ is very near the *top* in terms of people's incomes...imagine if this state were poor.
Fourth, suggest putting a foreign people whose religion prohibits virtually everything that AC was built to provide while it is in the midst of this economic crisis?
Fifth, ponder the fact that this farce will never end until the entire rotten edifice implodes like the soviet state did a couple of decades ago. No wonder people are opting out in such large numbers...
Perhaps the real intent of this proposed geo-demographic diversification is to heal the soul of AC, putting a thousand nay-sayers in the streets to oppose the moral ills so prvalent in the commercial-"gaming" district! Pure moral-sociological genius!! This is way mo' better than a Section 8 housing solution, not yet advanced.
When Chicago's Lakeshort Towers went into BK, their FHA status meant Section 8 could be applied, so we had formerly homeless types occupying lakefront-view condos. Very income-equalifying.
Look around at all the evidence of ancient civilizations.
The current MIC has a head start of at least 400 years. (1611 KJV).
Persons with a quadrillion dollars to spare need a certain level of entertainment. I suspect that ALL of this worlds wars and tragedies are cooked up by these quadrillionaires who are getting old and want even MOAR mass death entertainment for the short time they're still around. They're petrified of not taking advantage of their "situation" before it all goes dark. And it angers them.
This would be a double win for Straub: Rents his building while the shkotzim get subjected to an added dose of diversity.
They love seeing poor single white girls with three different color kids sucking their old cocks for shekels
Atlantic City really needs to build even bigger Ponzi Casino Crony Capitalism structures to stay alive IMHO. Don't forget that housing prices always go up forever just like disposable income does along with all cartel pricing. CAT always sells more earth moving equipment, and we all know that the Baltic Dry Index is booming way past expectations into the stratosphere nowadays. Frankly, Atlantic City residents should be forced to buy the Casino for not spending enough money on gambling to keep it going. The business model did not fail here. The indentured into servitude of Atlantic City are the real failures for not petitioning BIG government to keep it afloat.
What kinds of Communists are you Americans anyways?
When the AC went out, the HVAC system could no longer maintain the correct internal pressure of the building, so the expensive engineered glass started popping out. The owner blamed it on seagulls. Also the fire suppression system can't work without electricity, so the whole thing could go up at any time.
Jew Lightening - trickey stuff.
Don't knock it. It is a good way to get out of bad deals.
mold never sleeps
OT but indirectly Syria related:
Charlie Hebdo makes fun of Russian plane crash
Those French Jews are some sick fucks.
Obama will hug them on the beach as they land
Hell, ya, Jihad in Jersey, get those libtardos to put bags on their women, rape young boys, & off with Christians heads. I almosty forgot - Sha reeeeeah baby. Just deserts for the obunga lovers!
Change the name from Revel .... to Las Vegan .... a vegan casino .... don't need a kitchen .... don't need a sewer (just an herb garden in every room) .... don't need water (they don't use soap) .... don't need electricity (carbon foot printers) .... don't need a garage (public transport and bike racks) .... problem solved ?
Straub (Mr. Generosity) better button up his shirt before his heart falls out.
I wuz at da 99 cent store on Market St., San Diego, yesirday .... a table at the entrance .... another table curbside .... they were giving out Obama smart phones ?
23 Russian tourist planes .... flew to Squirm and Shriek today .... that'll show 'em ?
At the Baja Duty Free store .... I bought two cartons of Skydancer 100 mm, box, full flavored class A cigarettes .... $6 per carton or $ .60 per pack .... at Cigar International I get box of 60 Swisher Sweets blunts for $30 plus shipping .... $ .66 per cigar ?
It;s a fucking riot watching MGM try to wiggle out of the deal in Springfield, MA!
Springfield is sort of like NJ. I saw the late BB King play at a smoke-filled theater in Springfield some years ago. It was a fun night but I do not plan to go back to Springfield. Urban decay is the phrase that comes most readily to mind...
You would be correct, Springfield is a real shithole.
'whites of their eyes’, yada, yada...
I was watching the Revel commercial flash images on the screen and noticed that there was a brief picture of a man playing a guitar. So happens it was a tobacco sunburst Epiphone Casino, exactly like my first guitar, purchased in 1966 for about $400. I still have that guitar, although I use Gibson L5's, now. That old guitar is probably worth ten times what I paid for it. If I had just kept all of the stuff I bought as a kid, especially my comic books, I could have become a millionaire by the time I was forty without ever working a day in my life.
I remember paying $1500 for a brand new VW in 1969.
Yesterday, I saw a 1969 VW for sale for $23K...
My Dad threw out my sister's Beatles dolls and guitar picture pins.
Pull it.
"Pull it", have Popular Science write an article and say it wasn't "pulled", and then collect the insurance!
another of Larry Silversteins/Israels GREATEST HITS!
I thought the NYSE was in Lower Manhattan.
The usual suspects run another scam, threaten to create mayhem while they run off with the money. This casino owner is like a mobster, threatening, immoral, thinking others will pay for his failures. He thinks the politicians, the people, will surrender to him, as they cower, bullied by his monstrous demands.
Time for a little chat:
https://www.youtube.com/watch?v=KKvvOFIHs4k
Remember, remember the fifth of November. Do you feel as I do? See what I see?
Donald Trump appeals to cowards who want safety and bellicose language at any cost; the other side of the coin to obedient politicians, bought by lobbyists. Beware of what you wish for...
"This casino owner is like a mobster,...."
I'm pretty sure that being a mobster is a necessary prerequisite to owning a Jersey casino.
A casino full of Muslims.
Yep, we've definitely gone full retard, and then some.
When the Girl at 7-11 knows 3-4 languages, and is moonlighting as an United Nations interpreter, you're officially a < Banana Republic>
Good evening, Yen. I trust all is well with you and yours. Stay well.
Can I borrow some of those 72 guaranteed virgins?
I'm good for a 12 pack
<--- Philanthropist
<--- Faux Philanthropist Cocksucker
Yeah baby, bring on the scantily clad hookers and feed 'em pork belly stew!! Then wall the casino in so the mooslums don't get out. Hope they trash the damned place.
HehHeh, Just Too Funny. Now all he needs to do is get that admin job farmed out to the right mid archy dummy!!
Fuck you quentin, youre slipping and turning ho.
Why dont you go back to all the places you got your ideas from, toluca lake shit son. Listen little asslick, you sold out, you dont give a fuck about any of these people you just want to throw nigger in movies with a pass. Just like rose mcgowan and tons of others sucking hollywood "keeping your name in a hat" dicks. Have a spine, there was at least 4000 white people killed since trayvon. south africa numbers, but you go suck soros' flunkies dicks. I rob homos like you naked under a streetlamp. Very dissapointing.
https://www.youtube.com/watch?v=FYCv7wLcCbg
You never lived this shit, you scribbled in your notepad and created this. Ill take pliers to your gold tooth pals. Sergio leone shits on your name toad, fuck your life.
I am so sick and tired of this shit! I know its tv but it hits the nail on the head. It also appeals to the couch potatoes, may I ask people to make it a massive hammer on the head of the sheep and we all keep posting it on every site we can. No I have nothing to do with the tv show, I am just trying to knock on the heads of the people. Why not try and save the lives of Nato soldiers by clicking a link? I say again it's not a money grabbing thing, I live in England and have nothing to do with American TV.
https://youtu.be/bv1wBYQ4fQg
A shekel and derivative contract will kick the can down the road. Just write another Check kiting obligation.
Check-kiting example | LII / Legal Information Institute
Happy Holiday you rat scum Fucker's . No Santa Rally for you. Pour the Hanukkah candle wax in your eyes.
Blows a kiss....it's coming, you can lie about the economy again. Close your wax eyes and enjoy blindness.
The Final Solution ASSyrian Style. Or Gangnam Style, whatever.
So Straub got rich by giving away casinos?
Duty free Casino chips. Free food and lodging. Let me copy and paste my latest VRBO announcement. Post in another thingy. It's long.
Fuck you Brian,
Earlier this week, we publicly shared our 2016 plans and made an exciting announcement that HomeAway has signed an agreement to become part of the Expedia family. This decision was not taken lightly and I am convinced it is the right one for our company, our employees, and most importantly for you, our customers. Together, we have built HomeAway into the world’s largest vacation rental marketplace and we remain totally committed to helping each visitor book the perfect vacation home with you, our valued owners and property managers.In partnership with Expedia, we plan to drive even more travelers to your vacation rental listing than ever before. You may know that Expedia also owns Orbitz, Travelocity, Trivago and other leading travel brands. Once the transaction closes, we believe the combined network of HomeAway and Expedia will offer exposure that is second to none for vacation rental owners and managers. We also look forward to leveraging Expedia’s technology and expertise to make our products better than they are today. HomeAway will continue to operate as HomeAway, and we will remain committed to you. Your success is our top priority, and we will be here to support you any time you need us.
While we believe combining with Expedia will allow us to do much more together than apart, we already had exciting plans for 2016 in the works. Please read on to learn more about these plans:
We are confident that our plans for 2016 will make our service even better than before and because HomeAway and Expedia share a passion for delivering amazing experiences for travelers and bookings to you, we couldn’t be more excited about what the future holds. In the months to come, we will share additional details.
All my best,
Additional Information and Where to Find ItBrian Sharples
CEO
The exchange offer referenced in this communication has not yet commenced. This communication is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell shares, nor is it a substitute for any offer materials that Expedia, Inc. (“Expedia”) and its acquisition subsidiary will file with the U.S. Securities and Exchange Commission (“SEC”). At the time the exchange offer is commenced, Expedia and its acquisition subsidiary will file a tender offer statement on Schedule TO, Expedia will file a registration statement on Form S-4, and HomeAway will file a Solicitation/Recommendation Statement on Schedule 14D-9 with the SEC with respect to the exchange offer. THE EXCHANGE OFFER MATERIALS (INCLUDING AN OFFER TO EXCHANGE, A RELATED LETTER OF TRANSMITTAL AND CERTAIN OTHER EXCHANGE OFFER DOCUMENTS) AND THE SOLICITATION/RECOMMENDATION STATEMENT WILL CONTAIN IMPORTANT INFORMATION. HOMEAWAY STOCKHOLDERS ARE URGED TO READ THESE DOCUMENTS CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION THAT HOLDERS OF HOMEAWAY SECURITIES SHOULD CONSIDER BEFORE MAKING ANY DECISION REGARDING EXCHANGING THEIR SECURITIES. The Offer to Exchange, the related Letter of Transmittal and certain other exchange offer documents, as well as the Solicitation/Recommendation Statement, will be made available to all holders of HomeAway stock at no expense to them. The exchange offer materials and the Solicitation/Recommendation Statement will be made available for free at the SEC’s website at www.sec.gov.
Additional copies may be obtained for free by contacting Expedia’s Investor Relations department at (425) 679-3759. In addition to the Offer to Exchange, the related Letter of Transmittal and certain other exchange offer documents, as well as the Solicitation/Recommendation Statement, Expedia and HomeAway file annual, quarterly and current reports and other information with the SEC. You may read and copy any reports or other information filed by Expedia and HomeAway at the SEC public reference room at 100 F Street, N.E., Washington, D.C. 20549. Please call the SEC at 1-800-SEC-0330 for further information on the public reference room. Expedia and HomeAway’s filings with the SEC are also available to the public from commercial document-retrieval services and at the website maintained by the SEC at http://www.sec.gov.
Forward Looking Statements
This document contains certain statements which constitute forward-looking statements. These forward-looking statements include statements regarding the satisfaction of conditions to the completion of the proposed transaction and the expected completion of the proposed transaction, as well as other statements that are not historical fact. These forward-looking statements are based on currently available information, as well as HomeAway’s views and assumptions regarding future events as of the time such statements are being made. Such forward looking statements are subject to inherent risks and uncertainties. Accordingly, actual results may differ materially from those expressed or implied in such forward-looking statements. Such risks and uncertainties include, but are not limited to, the potential failure to satisfy conditions to the completion of the proposed transaction due to the failure to receive a sufficient number of tendered shares in the tender offer, as well as those described in cautionary statements contained elsewhere herein and in HomeAway’s periodic reports filed with the SEC including the statements set forth under “Risk Factors” set forth in HomeAway’s most recent annual report on Form 10-K, the Tender Offer Statement on Schedule TO (including the offer to purchase, the letter of transmittal and other documents relating to the tender offer) to be filed by Parent and Purchaser, and the Solicitation/Recommendation Statement on Schedule 14D-9 to be filed by HomeAway. As a result of these and other risks, the proposed transaction may not be completed on the timeframe expected or at all. These forward-looking statements reflect HomeAway’s expectations as of the date of this report. HomeAway undertakes no obligation to update the information provided herein, except as required by law.
Above hit my email at 4:23 pm today.
Again, fuck you Brian!
The IT department needs to get the pink slip. As a owner, you build competitive price models.
These dipshits quote incorrectly. I always begin with a screening call. Tripadviser is a joke. The jackasses quoted my property for 11,000 month. I went apeshite. Guess what? No way to contact anyone at Tripadviser.
VRBO is good for marketing, always talk to inquiry person. This agency couldn't close a bake sale to drum up the Clinton Foundation proceeds.
Not kidding. It will be interesting to see how this prevails. If someone asks for a lowball price, we say no. Go find a motel you cheap cunt. Actually, I don't say that. It just runs in my brain.
We always keep are rental fees high. It avoids the scumbuckets.
i have been to new jersey 40 or 50 times in last 20 years and believe me those terrorists will BLEND RIGHT IN....in fact they will probably be an improvement
One more point for those who rent out there homes. Don't back down. I had a two week exchange with this teacher. She wanted $1,000 for two weeks. I said no. Told her that I'd rather have it empty than accept your money. She went ballistic, kept asking me to rent property. I said no!
The property is not bank owned under mortgage. We invested 30k in upgrades.
These sleazeballs should look for timeshare or a hotel.
Stay the fuck out of my houses if your going to jew me down in price to receive a yelp rating. My high end VRBO ratings speak for themselves. Only two are listed out of 10.
Socialist maggots love things for free, until they have to accually Pay! How many of those dumbfucks have millions of points on a store card? Or data mining their purchasing habits. /LOL
I will welcome the Syrians if they look like those in the Revel poster.
Am sure they smell, however, as they sweat profusely & rarely wash their twats......maybe you could assist them in that regard....heh?
Convert the buildings into office space and start leasing.
Wall St here we come when the stench of the bankster casino is grossing even the zombies.
wow! an even better idea than Larry Silversteins buying the asbestos filled, falling apart WTC 1/2 then getting his buddies in Israel to knock them down.
THUS he avoided $400 million in asbestoes abatement and demolition fees-The US governmnet paid for it all (he did get caught trying to cheat the insurance companies, where he had a few months
previous to 911, bought a couple Billion in "Terrorist Insurance" ====== i mean, ?!?!?!?
HATER!!! All of this stuff was pure cohencidence.
pure coincidence.
Support the DNC - Abort a viable Black Baby
Bettcha this scum fuck never steps foot in AC. And if he does, he better have heavy security.
What he really wants is for someone to burn it down so he can collect on the insurance.
They can have Vineland.
Straub, Jewish?
Filling a building with broke Syrian refugees always makes money, right?
you did read the part of 'as long as I get reimbursed' right? He just wants to turn it into gov housing kickbacks
why bother fighting for hard to earn current dollars when future dollars can be printed right onto your ledger?
Cant they just blow-up the building?
Le him bring them, on the condition he must go to syria and is responsible for all violence and lives lost at said casino site. Or get him another loan while they are still cheap. If dis guy was any kinda business man he would have already sold this thing to some Chineese guy looking for a place to park his capital. They have bought everything in Detroit. Folks in N.J. can just tell dis guy "Hey, don't make your problems our problems."