<ARTICLE>                     6
<LEGEND>           This schedule contains summary financial information
                   extracted from Atlantic City Boardwalk   Associates,
                   L.P.'s form 10-Q for   the quarter ended   June  30,
                   1996  and is qualified in it's entirety by reference
                   to such financial statements.
</LEGEND>
<CIK>                                                                     730408
<NAME>                                  Atlantic City Boardwalk Associates, L.P.
<MULTIPLIER>                                                                   1
<CURRENCY>                                                                    US
       
                            
<PERIOD-TYPE>                  6-mos
<FISCAL-YEAR-END>                                                    Dec-31-1996
<PERIOD-START>                                                        Jan-1-1996
<PERIOD-END>                                                         Jun-30-1996
<EXCHANGE-RATE>                                                                1
<INVESTMENTS-AT-COST>                                                          0
<INVESTMENTS-AT-VALUE>                                                         0
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<ASSETS-OTHER>                                                           174,000
<OTHER-ITEMS-ASSETS>                                                 131,106,000
<TOTAL-ASSETS>                                                       131,540,000
<PAYABLE-FOR-SECURITIES>                                                       0
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<SENIOR-EQUITY>                                                              450
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<DIVIDEND-INCOME>                                                              0
<INTEREST-INCOME>                                                        289,000
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<EXPENSES-NET>                                                        17,692,000
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<EQUALIZATION>                                                                 0
<DISTRIBUTIONS-OF-INCOME>                                                      0
<DISTRIBUTIONS-OF-GAINS>                                                       0
<DISTRIBUTIONS-OTHER>                                                          0
<NUMBER-OF-SHARES-SOLD>                                                        0
<NUMBER-OF-SHARES-REDEEMED>                                                    0
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<OVERDIST-NET-GAINS-PRIOR>                                                     0
<GROSS-ADVISORY-FEES>                                                     65,000
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<GROSS-EXPENSE>                                                       18,089,000
<AVERAGE-NET-ASSETS>                                                  15,106,000
<PER-SHARE-NAV-BEGIN>                                                     31,411
<PER-SHARE-NII>                                                                0
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<PER-SHARE-DIVIDEND>                                                           0
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<EXPENSE-RATIO>                                                             1.20
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<AVG-DEBT-PER-SHARE>                                                     257,134