Gillian s Wonderland Pier in Ocean City, N J , in foreclosure inquirer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.com Daily Mail and Mail on Sunday newspapers.
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Good Wednesday morning!
We’re about two weeks from the deadline for Gov. Murphy to act on the weed legalization and decriminalization bills on his desk, and negotiations to date haven’t gotten far.
Gillian’s Wonderland Pier in the Jersey Shore town has been owned by the mayor’s family for nearly a century, but it recently was ordered up for auction by.
I want to reassure our loyal guests that Wonderland Pier will be open for business, as usual, for the 2021 season, Gillian said.
Gillian blamed the pier s financial struggles on the impact the COVID-19 pandemic had on Jersey Shore tourism. Like many business across the nation, Gillian s Wonderland Pier was deeply affected by the COVID-19 shutdown and restrictions, he said. But we have secured financing, and we look forward to another WONDERful summer in America s Greatest Family Resort.
Though the pandemic has hit the tourism and entertainment industry hard, much of the Gillians debt was accrued before the pandemic, NBC10 reported. On Thursday, Judge Michael J. Blee ordered the pier be auctioned by Cape May County sheriff to satisfy the debt the Gillians owe First Priority Bank.
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Gillian s, the 91-year-old, third generation family amusement pier at 6th Street on the Ocean City Boardwalk is owned by Ocean City Mayor Jay Gillian and his wife, Michelle.
According to Ted Greenberg s report on NBC10, court records in state Superior Court s Office of Foreclosure show that the Gillians owe First Priority Bank about $8 million in mortgage debt On Wonderland Pier.
Judge Michael J. Blee ordered Jan. 21 that the property be put up for auction in order to satisfy the debt.
In a statement, Gillian told NBC10 that he had found new financing and that the venerable amusement pier would not be going up for auction and would be open as usual for summer 2021.