\n“We made it a priority from day one to reach settlement agreements \u2026 that are favorable to the city,” Chiesa said this month.<\/strong> <\/span><\/p>\n<\/blockquote>\nAll casino property tax appeals \u00a0are now resolved. Under the terms of the Payment in Lieu of Taxes Program (PILOT), which guarantees $120 million annually from the seven land-based casinos, resort owners are barred from appealing payments. <\/span><\/p>\nNew Day in AC<\/b><\/span><\/h2>\nWhile those living outside Atlantic City who don’t care whether the gambling town survives might be upset that their tax dollars are being used to revitalize the distraught city, Christie, state, and local leaders almost unanimously agree it was the right thing to do. <\/span><\/p>\nGaming revenue is trending in the right direction, and investments are returning. Atlantic City Mayor Don Guardian (R) believes the takeover was excessive, but admits Chiesa’s done a good job. <\/span><\/p>\n“Even though the entire state takeover was unnecessary, the state did play an important role in helping us turn things around,” Guardian said earlier this year. <\/span><\/p>\n\n
4-1-1 on CSG <\/b><\/span><\/h4>\nAccording to its website, CSG employs more than 130 attorneys who specialize in various industries, but financial sectors are the firm’s bread and butter. <\/span><\/p>\nA longtime friend of Christie, the governor appointed Chiesa to the US Senate in 2013 after longtime Senator Frank Lautenberg (D) died. The nomination gave the Republican Party another seat in the upper chamber, though the Democratic Party retained majority. <\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"The Atlantic City takeover has been led by former US Senator Jeffrey Chiesa’s law firm since Governor Chris Christie (R) appointed him to the position last November. Nine months later, the work performed by Chiesa, Shahinian & Giantomasi (CSG) has cost state taxpayers $2.8 million, but according to officials both in the Trenton capital and […]<\/p>\n","protected":false},"author":42,"featured_media":56957,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,13,61],"tags":[],"acf":[],"yoast_head":"\n
Law Firm Leading Atlantic City Takeover Bills $2.8 Million, But It's a Deal<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n