Citing the impact of competition from new casinos in Pennsylvania, the owner of Atlantic City's Pier Shops at Caesars today said it was no longer able to pay the $135 million mortgage on the luxury Boardwalk shopping mall.
Philly.com Business, Philadelphia Inquirer & Daily News: Business
Tue, 09/22/2009 - 9:04am
Citing the impact of competition from new casinos in Pennsylvania, the owner of Atlantic City's Pier Shops at Caesars today said it was no longer able to pay the $135 million mortgage on the luxury Boardwalk shopping mall.