It’s no secret that Beatrice Inn, Employees Only, and Smith and Mills owner Matt Abramcyk is poised to open a lounge on the fifth floor of the Chelsea in Atlantic City (we’ve just heard it will be called the Terrace and will officially open the weekend of July 25, after the hotel’s opening party a week prior — and there are sure to be friends-and-family festivities before then), but according to a long overdue profile in the Observer, that’s not the only thing he’s working on.

We’ve heard rumors that the team behind Beatrice Inn is doing something in the basement space of the Puck Building, and now Matt Abramcyk reveals that he and Paul Sevigny are trying to open a quasi–social club there. (This will go nicely with a new lobby.) Negotiations continue and nothing has been inked, but Abramcyk is eager to create what he says would be “one of the most special, beautiful spaces in the world.”

At one point Smith and Mills owner Matt Abramcyk was toying with the idea of opening a Skee-Ball bar in the financial district, but now it looks like he has a bigger project on the horizon — in Atlantic City! The Times reports that he and his Beatrice Inn partner, Paul “brother of the actress Chloë” Sevigny, are teaming with Curtis Bashaw, a developer of the Mondrian in Soho, to turn a former Atlantic City Howard Johnson into the Chelsea, a boutique hotel with a Stephen Starr restaurant. A spokesman for the project tells the Times that the Beatrice team is “going to be in charge of celebrity wrangling, including bringing Paul’s sister’s friends down” to a fifth-floor lounge. Chloë has gone to AC for a Morrissey concert, so it’s not beyond the realm of possibility. Our favorite part of the story? When the Times reporter gripes about getting turned away from the Beatrice.

SoHo Meets HoJo In Atlantic City [NYT]