Deal for Stockton to buy empty Atlantic Club property falls through

In August, the Board of Trustees authorized the president to move forward with an agreement to purchase the former Atlantic Club site, pending a 60 day due-diligence period to evaluate the property and its potential use, the statement noted. The plan called for TJM, which also owns the Claridge, to demolish the Atlantic Club hotel tower. Stockton’s main campus is located in Galloway Township, about 12 miles from Atlantic City. Shuttle buses run continuously now between the two campuses, which both feature dorms and classrooms.