Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Atlantic City's Poor Endure Storm Quietly, Humbly

WAYNE PARRY

ATLANTIC CITY, N.J. (AP) ⿿ Atlantic City's poorest residents had next to nothing going into the storm, and they came out of it with even less.

In the shadow of multibillion-dollar casinos that now boast of having come through Superstorm Sandy just fine, urging gamblers to return with their wallets, many of the seaside gambling resort's least fortunate endure hardship with quiet resignation ⿿ even gratitude for the help they're getting.

Some lost heat, hot water or electricity for days, weeks. They lost many of their meager possessions, their food, and most of their clothes. But instead of complaining about what they don't have, many say they feel blessed for what remains.

Lonzie Tolbert's basement took on 6 feet of water, ruining his furnace. He has no heat, so he burns small pieces of wood and scraps of paper in a fireplace to try to keep warm. He has no hot water, so he tries to heat some in a kettle near the fireplace.

"You do the best you can with what you have," said the 84-year-old Tolbert, sunning himself on a 66-degree afternoon outside his home three blocks from Revel, a $2.4 billion casino resort. "I can't complain and I'm not hollerin'."

Life was tough for many Atlantic City residents even before the storm hit Oct. 29. One in four Atlantic City residents lives in poverty, according to Census figures, a rate that has remained unchanged since 1970. That's well above the national rate.

When an emergency shelter at the Atlantic City Convention Center closed over the weekend, 100 people were still there and had to be moved to hotels, the Atlantic City Rescue Mission, or to the homes of friends. And about 20 percent of the apartments at Stanley Holmes Village, a 443-unit low-income public housing project, remain uninhabitable since the storm.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,303.10 8.60 0.06%
NASDAQ 3,459.14 -0.28 -0.01%
S&P 500 1,649.60 -0.91 -0.06%
US 10 Yr 2.011% -0.012

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs