Yes, I was involved with trying to save the Paramount - and every other building in that town. Sigh...
The only difference between AC and AP is that AP has definitely made inroads within the town. Because so many of the Victorian homes were beautiful and well-designed, a lot of pioneers (young homeowners, annoying gay guys, etc.) moved in. When you are there next, take a walk between Main Street and the boardwalk. The neighborhood - despite some gaps - is seriously coming back and quite lovely. Stop by the Stephen Crane House on Fourth and take a little tour.
Added to my next road trip.....