A piece of Atlantic City history has just been announced for refurbishment and revitalization. The famous Madison House hotel was bought on auction and promised to once again open its doors to customers in the future. Spend the night in history, and enjoy the Atlantic City experience from the hotel that did it right since 1929.
An historic Atlantic City hotel has been sold at auction for $4 million.
The lone bidder for the Madison House was not identified. But a representative for the buyer told The Press of Atlantic City that the new owner intends to resurrect the hotel.
Known for its grand stairway, marble floors and ornate chandeliers, the 14-story Madison House overlooks the beach block of Dr. Martin Luther King Jr. Boulevard, giving it a prime location in the heart of the city. It has been largely shuttered since 2006, but remains one of the few survivors of Atlantic City’s dramatically changing landscape.