The 82-year-old carousel on the Seaside Heights boardwalk survived Superstorm Sandy and a devastating fire, but it may not survive changing economics.
Hurricane Arthur is racing toward Nova Scotia as it continues to churn northward into Canada.
Hurricane Arthur has strengthened into a Category 2 hurricane, with winds increasing to 100 mph as it nears the North Carolina coast.
Forecasters have issued tropical storm warnings for Nantucket Island and parts of Cape Cod in Massachusetts as Hurricane Arthur approaches.
Emergency officials are ordering a mandatory evacuation of a fragile barrier island along North Carolina's Outer Banks as Tropical Storm Arthur approaches.
State authorities say a northern New Jersey hotel will pay $110,000 to resolve claims that the business gouged dozens of customers following Superstorm Sandy.