Madison_Hotel_(Atlantic_City)
Madison Hotel (Atlantic City)
Building in Atlantic City, New Jersey
The Madison Hotel Boardwalk Atlantic City is located in Atlantic City, New Jersey, United States. Designed by Victor Gondos, Jr. of the Gondos Company of Philadelphia, it was built in 1929 and added to the National Register of Historic Places on December 20, 1984.[4]
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.[5][6][7]
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.[7][8]
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.[7] However, the purchase was not completed and the property was again offered for sale.[9] In November 2013, the hotel was purchased by Ratan Hotel Group for $2.5 million.[10]
On January 25, 2014 it reopened as Baymont Inn & Suites Atlantic City Madison Hotel, managed by the Baymont Inn & Suites chain.[10]
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.[11] 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.[12] While originally slated to be renovated and re-opened, the fate of the Madison Hotel remains unknown.
