Revel buyer plans water park for former casino property

ATLANTIC CITY, N.J. (AP) — A Florida developer buying Atlantic City’s former Revel casino out of bankruptcy plans to open a water park there.

Glenn Straub told reporters during a break in a court hearing Thursday he plans high-speed ferry service between the site and New York City. No timetable has been given for it to re-open.

A judge entered a final order Thursday awarding Revel to Straub for $95.4 million, but he has threatened court action to halt that sale if a lower price cannot be approved.

Straub’s attorney, Stuart Moskovitz,

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