For Immediate Release:
December 5, 2007

BUS TOUR HIGHLIGHTS ATLANTIC CITY'S PAST, PRESENT & FUTURE

New Jersey Association of REALTORS^® Housing Opportunity Foundation, Inc. (NJARHOF) sponsors tour focused on revitalization efforts

(Atlantic City, NJ) The New Jersey Association of REALTORS^® Housing Opportunity Foundation, Inc. (NJARHOF) hosted its third annual bus tour today, which focused on redevelopment efforts throughout Atlantic City. The tour was offered to attendees of the Triple Play REALTOR^® Convention and Trade Expo. Triple Play, the region's largest annual real estate convention, is hosted by the New Jersey Association of REALTORS^® (NJAR), New York State Association of REALTORS^® (NYSAR) and Pennsylvania Association of REALTORS^® (PAR), Triple Play.

The bus tour showcased Atlantic City's varied neighborhood-based community development initiatives. Presentations were made during the tour by members of organizations that are working to support the revitalization efforts, including Michael Calafati, AIA, of Historic Building Architects, LLC; Seana E. Grady, Executive Director of Main Street Atlantic City/Atlantic City Special Improvement District (ACSID); and Edward C. Einhaus, Director of Real Estate at the Casino Reinvestment Development Authority (CRDA). Christina P. Clemans, broker-owner of Chris Clemans & Co., Inc. and president of NJARHOF, also was in attendance to talk about the Foundation.

Stops included various housing, commercial and institutional projects involving new development, rehabilitation and historic preservation that are adding to the revitalization of the city. The tour began at the Atlantic City Boardwalk, where Michael Calafati, AIA, Historic Building Architects, LLC, identified several sites worthy of preservation and restoration, including Boardwalk Hall. The bus tour continued through the Main Street District, the site of the former Sands Hotel and Casino, and to Center City Park. Maintained by the AC Special Improvement District, the park hosts a number of events throughout the year. Additional highlights include redevelopment projects such as Carolina Homes, an initiative of the CRDA and Procida Realty & Construction Corp. The tour concluded with a stop at the Atlantic City Wind Farm. Operational since December 2005, the farm at the Atlantic County Utilities Authority Wastewater Treatment Plant is New Jersey's first commercial wind farm.

The New Jersey Association of REALTORS^® Housing Opportunity Foundation, Inc. (NJARHOF) is a 501 (c) (3) charitable organization that seeks to create greater homeownership opportunities for New Jersey residents. The Foundation raises funds for housing opportunity and distributes these funds to other 501 (c) (3) organizations throughout the state that provide home buyer education, develop public awareness and create affordable homeownership options for New Jerseyans. For more information, please visit http://www.njar.com/njarhof.shtml.

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