Tag: asbury park

The Jersey Shore’s Second Boutique Hotel – Cabana – Being Built in Long Branch

| June 11, 2010 | 0 Comments

The designers of the boutique hotel Bungalow in Long Branch are designing another hotel called “Cabana” to open somewhere on the Jersey Shore

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iStar Financial Takes Over Asbury Partners

| November 26, 2009 | 0 Comments

I’ve written about Asbury Park’s redevelopment in the past, because of my personal attachment to the town I grew up in (even if it wasn’t the greatest place for a kid to ride his bike around the block). Asbury Park always seems to be on its way to a renaissance, and then some external factor comes and sets it back a few years.

I’ve just learned that Asbury Partners, the Master Developer of the town has essentially been foreclosed upon by its lender: iStar Financial. With that, iStar is taking over the Master Developer designation. Sounds great right?

Well – unless I’m mistaken.. iStar is a real estate finance company. Not a developer.

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Asbury Park’s Slow But Continual Renewal

| February 15, 2009 | 3 Comments

I had a comment left on my previous post about Asbury Park essentially asking if Asbury is turning into a ghost town again. I think its time for an update on the status of Asbury and why it is a ghost town now – but it’s still very much going through a renewal.

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