The Madison Hotel sees uncertain future - NBC40.net

The Madison Hotel sees uncertain future

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It's an uncertain future for a piece of Atlantic City history.

The Madison Hotel, which in May was auctioned off for four million dollars, will not be sold to that bidder.

Although that deal has fallen through, the real estate firm handling the property has it listed at five million dollars and says there are interested potential buyers.

The lavish 14 story hotel was built in 1929, but hasn't been in use since 2006, when it was partnered with the Sands Casino Hotel.

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