State Won't Weigh Tax Break for AC Sheraton Thursday

The fight to keep the Atlantic City Sheraton open hit a critical juncture this week, with The Press of Atlantic City reporting that time is running out for the hotel and that the state will not take up a tax break when it meets Thursday.

The development is a blow to those hoping for a last-minute reprieve for the property, which has been the subject of ongoing discussions about its financial viability. According to The Press of Atlantic City, the state's decision not to consider the tax break on Thursday means the hotel's future remains uncertain as the week wears on.

For our community, the Sheraton is more than just a place to stay — it's a part of the city's hospitality landscape and a source of jobs and economic activity. The prospect of losing it has raised concerns among local leaders and residents alike.

The Press of Atlantic City's report underscores the urgency of the situation, with the headline declaring that time is running out. As Thursday's state meeting approaches, all eyes will be on whether any alternative path emerges to save the hotel.

We'll continue to follow this story as it develops and bring you the latest on what it means for Atlantic City.