Madison Hotel (Atlantic City, New Jersey)
The 14-story building opened as a luxury hotel at the beginning of the Great Depression in the United States. It went through bankruptcy in the 1960s and later became part of Sands Atlantic City.
In 2004, Sands invested $7 million to renovate and reconfigure the property into 126 suites. In 2006, both the Sands and the Madison Hotel were closed.
On May 25, 2013, the Madison Hotel was auctioned with a winning bid of $4 million by Eli Hadad, an owner of hotels in Florida and the Dominican Republic. However, the purchase was not completed and the property was again offered for sale. In November 2013, the hotel was purchased by Ratan Hotel Group for $2.5 million.
On January 25, 2014 it reopened as Baymont Inn & Suites Atlantic City Madison Hotel, managed by the Baymont Inn & Suites chain.
As of July 2023, the Madison Hotel is closed and is no longer operating as a hotel. The building was being used as an illegal shelter with no water or power. Roughly 30 people who were squatting were cleared out by the City and the building has since been secured with windows and doors on the ground floor boarded up. While originally slated to be renovated and re-opened, the fate of the Madison Hotel remains unknown.
As of November 2024, the Madison Hotel is listed for sale on various real estate sites, with an asking price of $3.5M USD. The building is being sold "as is".
See also
- National Register of Historic Places listings in Atlantic County, New Jersey
- List of tallest buildings in Atlantic City
Hotels portal
References
- ^ "National Register Information System". National Register of Historic Places. National Park Service. March 13, 2009.
- ^ "Madison Hotel - Archiplanet". Archived from the original on 2012-09-18. Retrieved 2011-06-26.
- ^ "New Jersey and National Registers of Historic Places – Atlantic County" (PDF). New Jersey Department of Environmental Protection – Historic Preservation Office. October 25, 2010. p. 2. Archived from the original (PDF) on October 17, 2006. Retrieved November 16, 2010.
- ^ "Madison House Hotel | Buildings | EMPORIS". Archived from the original on 2013-04-09.
{{cite web}}: CS1 maint: unfit URL (link) - ^ "Madion Hotel". Emporis. Archived from the original on April 10, 2013. Retrieved 2011-06-25.
{{cite web}}: CS1 maint: unfit URL (link) - ^ Wittkowski, Donald. "Some doubt Madison House hotel will reopen" Archived 2010-02-23 at the Wayback Machine, Press of Atlantic City, February 21, 2010.
- ^ Wittkowski, Donald. "Florida investor buys historic Atlantic City hotel" Archived 2016-03-04 at the Wayback Machine, Press of Atlantic City, May 30, 2013.
- ^ Wittkowski, Donald."Historic Atlantic City Madison House hotel sells at auction for $4 million" Archived 2013-06-17 at the Wayback Machine, Press of Atlantic City, May 26, 2013.
- ^ Wittkowski, Donald. "Historic Atlantic City hotel Madison House up for sale, again" Archived 2016-03-03 at the Wayback Machine, Press of Atlantic City, October 12, 2013.
- ^ Wittkowski, Donald. "Brighter days ahead for historic Madison House hotel" Archived 2016-03-04 at the Wayback Machine, Press of Atlantic City, February 1, 2014.
- ^ "Closed Madison Hotel cleared out". 3 July 2023.
- ^ "Google Maps".
- ^ https://www.loopnet.com/Listing/125-S-Dr-Martin-Luther-King-Blvd-Atlantic-City-NJ/33804564/
