▁ 1 2 6 ▁su ites . ▁In ▁ 2 0 0 6 , ▁both ▁the ▁S ands ▁and ▁the ▁Mad ison ▁Hotel ▁were ▁closed . ▁ ▁On ▁May ▁ 2 5 , ▁ 2 0 1 3 , ▁the ▁Mad ison ▁Hotel ▁was ▁au ction ed ▁with ▁a ▁winning ▁bid ▁of ▁$ 4 ▁million ▁by ▁Eli ▁Had ad , ▁an ▁owner ▁of ▁hot els ▁in ▁Florida ▁and ▁the ▁Domin ican ▁Republic . ▁However , ▁the ▁purchase ▁was ▁not ▁completed ▁and ▁the ▁property ▁was ▁again ▁offered ▁for ▁sale . ▁In ▁November ▁ 2 0 1 3 , ▁the ▁hotel ▁was ▁purchased ▁by ▁Rat an ▁Hotel ▁Group ▁for ▁$ 2 . 5 ▁million . ▁ ▁On ▁January ▁ 2 5 , ▁ 2 0 1 4 ▁it ▁re open ed ▁as ▁Bay mont ▁Inn ▁& ▁Su ites ▁Atlantic ▁City ▁Mad ison ▁Hotel , ▁managed ▁by ▁the ▁Bay mont ▁Inn ▁& ▁Su ites ▁chain . ▁ ▁See ▁also ▁National ▁Register ▁of ▁Historic ▁Places ▁list ings ▁in ▁Atlantic ▁County , ▁New ▁Jersey ▁List ▁of ▁tall est ▁buildings ▁in ▁Atlantic ▁City ▁ ▁References ▁ ▁External ▁links ▁Bay mont ▁Inn ▁& ▁Su ites ▁Atlantic ▁City ▁Mad ison ▁Hotel ▁official ▁website ▁ ▁Category : Hot el ▁buildings ▁on ▁the ▁National ▁Register ▁of ▁Historic ▁Places ▁in ▁New ▁Jersey ▁Category : Col onial ▁Rev ival ▁architecture ▁in ▁New ▁Jersey ▁Category : Hot el ▁buildings ▁completed ▁in ▁ 1 9 2 9 ▁Category : Sk ys cra per ▁hot els ▁in ▁Atlantic ▁City , ▁New ▁Jersey ▁Category : National ▁Register ▁of ▁Historic