Asbury Park's Paramount Theatre comes alive this weekend with the Garden State Film Festival.
This year, according to their release, The Garden State Film Festival proudly introduce's a new Music Category. Even before film had spoken words, there was music. Our first year brought us an outstanding list of submissions, in many different genres, and we eagerly await what we know will be an even broader list of submissions next year.
This is interesting to me, because my grandmother used to play the organ and piano in NYC theatres for the silent movies. And see spent her last days playing her little organ - in Asbury Towers, over looking the ocean.
This year, the festival includes The Baronet Theatre on 4th Ave and a couple other great AP stops.
It's Asbury, and it's changing by the day.
Thursday, March 15, 2007
Thursday, March 01, 2007
Madison Marquette joins Asbury Partners
Madison Marquette has signed on as the redevelopers retail and entertainment partner . In the report, they said they expect to invest between $150 and $200 million into the Asbury Park Boardwalk retail and entertainment areas. Total sq footage is estimated at 450,000 sq ft.
It may be very possible that some small rides and other attractions for the younger crowd will be part of the plans.
One of the biggest discussions over the past 30 or more years is what should the boardwalk area become- a residential community or a tourist attraction. As the debate continues on, the development under way in the boardwalk zone provides for plenty of housing. We are awaiting more details on the entertainment zone and retail components.
Will there be a Kohr's once again? Will there be national chains vs. the mom and pops we grew up loving?
Madison Marquette is leading a joint venture with Asbury Partners to develop the entertainment and retail portion of the waterfront the next three to five years. One of the first projects Madison Marquette would like to complete is the renovation of the Casino and rebuilding of the Casino's eastern portion which was torn down this winter after many years of non-use and disrepair.
Madison Marquette has proposed transforming the Casino into a specialty food market and restaurant center, possibly similar to San Francisco's Ferry Building.
It may be very possible that some small rides and other attractions for the younger crowd will be part of the plans.
One of the biggest discussions over the past 30 or more years is what should the boardwalk area become- a residential community or a tourist attraction. As the debate continues on, the development under way in the boardwalk zone provides for plenty of housing. We are awaiting more details on the entertainment zone and retail components.
Will there be a Kohr's once again? Will there be national chains vs. the mom and pops we grew up loving?
Madison Marquette is leading a joint venture with Asbury Partners to develop the entertainment and retail portion of the waterfront the next three to five years. One of the first projects Madison Marquette would like to complete is the renovation of the Casino and rebuilding of the Casino's eastern portion which was torn down this winter after many years of non-use and disrepair.
Madison Marquette has proposed transforming the Casino into a specialty food market and restaurant center, possibly similar to San Francisco's Ferry Building.
The Esperanza Sales Office - 2007
METRO HOMES TO OPEN SALES OFFICE:
From $350,000 to $3m.
the most progressive looking architecture on Jersey Shore will be The Esperanza. Take alook at asburyboardwalk.com
Metro Homes, the third developer building condominiums on the beachfront, received approval from city planners this week to turn the Fourth Avenue Pavilion into a temporary, eye-catching sales office for the Esperanza high-rise as it is built during the next 18 months.
From $350,000 to $3m.
the most progressive looking architecture on Jersey Shore will be The Esperanza. Take alook at asburyboardwalk.com
Metro Homes, the third developer building condominiums on the beachfront, received approval from city planners this week to turn the Fourth Avenue Pavilion into a temporary, eye-catching sales office for the Esperanza high-rise as it is built during the next 18 months.
This is the same place the failed redevelopr of the skeleton known as C-8 stood for years until finally coming down with explosives.
Planners approved Metro's plans to use the pavilion and temporarily change the exterior to resemble the design of the Esperanza. The Esperanza is planned for the Ocean Avenue site of the former building shell known as C-8 on planning maps.
Geibel said Metro Homes wants to have the sales center open in 60 days. He said the pilings are finished on the Esperanza site bound by Ocean, Third and Fourth avenues and Kingsley Street. Concrete will be poured, and the building with two towers that reach 10 and 16 stories will start to come out of the ground, he said.
Wednesday, February 28, 2007
Berkeley-Carteret SOLD $16 million
SOLD. $16 million. Asbury may just get the taste of South Beach if the hotel is refurbished in the style of the Amersterdam Hospitality Group other holdings. Maybe not.
These guys were also a joint venture of partners who bought the Sears Tower in Chicago for $840 million in 2004. Scoop.
New York real estate investors Joseph and Jacob Chetrit bought the Berkeley-Carteret Oceanfront Hotel on Tuesday, paying $16 million for the historic 248-room building on the city's waterfront according to published reports.
Sold by Daniel and Ike Ahn. buyers were the Chetrit brothers (see Cherit Group) want to get the hotel refurbished, restored and reopened as soon as possible. The Empress Hotel, recently reopened, is the only other hotel in Asbury Park.
The brothers' company, the Chetrit Group, based in New York, has large real estate holdings around the country.
Daniel Ahn, a Queens-based entrepreneur, bought the hotel in December 1998 for $5.1 million plus $181,000 owed in back taxes. Ahn and his family refurbished the Berkeley-Carteret and kept it open through the years that the city's waterfront plans were being created, approved and financed.
My favorite piece of the hotel history:
Ahn had bought the hotel from the Maharishi Maheshi Yogi, whose organization bought it in 1994 from the Federal Deposit Insurance Corp. for $1.85 million, of which $625,000 was for the hotel and the remainder for back taxes and liens. At that time, the property was assessed at $3 million.
The maharishi planned to use the hotel as a Transcendental Meditation university and holistic health care center. The city did not allow those uses. The maharishi had to maintain the hotel's primary use as a hotel.
And then there was Henry:
The owners in the mid-1980s were a group led by local businessmen Henry and Sebastian Vaccaro, who restored the hotel but ended up in bankruptcy. They hit the market at wrong end of the banking and lending scandals of the 80's. We give him the credit at least of getting it re-opened, as prior to that it was completely gone. Lucky it didn't get knocked down or burned down.
These guys were also a joint venture of partners who bought the Sears Tower in Chicago for $840 million in 2004. Scoop.
New York real estate investors Joseph and Jacob Chetrit bought the Berkeley-Carteret Oceanfront Hotel on Tuesday, paying $16 million for the historic 248-room building on the city's waterfront according to published reports.
Sold by Daniel and Ike Ahn. buyers were the Chetrit brothers (see Cherit Group) want to get the hotel refurbished, restored and reopened as soon as possible. The Empress Hotel, recently reopened, is the only other hotel in Asbury Park.
The brothers' company, the Chetrit Group, based in New York, has large real estate holdings around the country.
Daniel Ahn, a Queens-based entrepreneur, bought the hotel in December 1998 for $5.1 million plus $181,000 owed in back taxes. Ahn and his family refurbished the Berkeley-Carteret and kept it open through the years that the city's waterfront plans were being created, approved and financed.
My favorite piece of the hotel history:
Ahn had bought the hotel from the Maharishi Maheshi Yogi, whose organization bought it in 1994 from the Federal Deposit Insurance Corp. for $1.85 million, of which $625,000 was for the hotel and the remainder for back taxes and liens. At that time, the property was assessed at $3 million.
The maharishi planned to use the hotel as a Transcendental Meditation university and holistic health care center. The city did not allow those uses. The maharishi had to maintain the hotel's primary use as a hotel.
And then there was Henry:
The owners in the mid-1980s were a group led by local businessmen Henry and Sebastian Vaccaro, who restored the hotel but ended up in bankruptcy. They hit the market at wrong end of the banking and lending scandals of the 80's. We give him the credit at least of getting it re-opened, as prior to that it was completely gone. Lucky it didn't get knocked down or burned down.
Monday, February 26, 2007
The Steinbach - Cool Lofts for Rent READY!
Finally. After who knows how many years - the Steinbach Building - the center of Cookman Avenue - has begun renting units. I took a tour the other day of the 2nd floor. very, very neat. High ceilings, large windows and large bathrooms.
You're in the center of it all.
Old Man Rafferty's - a bar and restaraunt will be opening May.
Once this building is finally up and running, Cookman Ave will be even brighter then it was last night.
Interested? Call David Dorfman at Gilman Commercial Realty LLC 732-517-0088.
dd
You're in the center of it all.
Old Man Rafferty's - a bar and restaraunt will be opening May.
Once this building is finally up and running, Cookman Ave will be even brighter then it was last night.
Interested? Call David Dorfman at Gilman Commercial Realty LLC 732-517-0088.
dd
Wesley Grove - What's not Happening??
This past weekend (2/24/07) - took a drive past Wesley Grove - the new condos in Asbury Park. We were heading to The Brick Wall Tavern on Cookman Ave for a quick bite and drink.
We're wondering, what is the status of this first phase? The exterior looks complete - but what's not happening inside. Lots of sold stickers on the windows - some which look like rocks have been tossed through.
Getting people into these units would be a big plus to tie the downtown (cookman ave) to the boardwalk.
People were going to move in late '05 , then summer '06. Summer '07 is coming real soon.
How many have been sold - sold so that they will close?
See our next psot about the rentals at The Steinbach. Ready April 1.
We're wondering, what is the status of this first phase? The exterior looks complete - but what's not happening inside. Lots of sold stickers on the windows - some which look like rocks have been tossed through.
Getting people into these units would be a big plus to tie the downtown (cookman ave) to the boardwalk.
People were going to move in late '05 , then summer '06. Summer '07 is coming real soon.
How many have been sold - sold so that they will close?
See our next psot about the rentals at The Steinbach. Ready April 1.
Thursday, September 21, 2006
Springsteen Rehearses Sept 20
Springsteen has been reported to be rehearsing in the Paramount. As of today, no dates have been scheduled for any Asbury Park shows prior to his European tour.
Stay tuned.
Stay tuned.
Friday, September 08, 2006
Summer 2006 is over
but the weather this week and next few days is great.
The boardwalk this year saw more and more people coming down. The beaches remain clean and still plenty of room. Construction of Wesley Grove and North Beach Condos moved along all summer - more and more signs of hope.
This is my favorite time of the year. Typlically great weather and the whole beach is mine.
While the boardwalk quiets down some, the Amusement Factory at First as well as the Tide Cafe will remain open. Still a reason to walk the boards.
Cookman Avenue continues to become "cooler". A couple more places to eat and drink, the Steinbach renovations continue, slowly, but at least this historic structure hasn't burned down or hit by a wrecking ball.
Stay tuned to asburyboardwalk or this blog .
Asbury Park. One interesting place.
The boardwalk this year saw more and more people coming down. The beaches remain clean and still plenty of room. Construction of Wesley Grove and North Beach Condos moved along all summer - more and more signs of hope.
This is my favorite time of the year. Typlically great weather and the whole beach is mine.
While the boardwalk quiets down some, the Amusement Factory at First as well as the Tide Cafe will remain open. Still a reason to walk the boards.
Cookman Avenue continues to become "cooler". A couple more places to eat and drink, the Steinbach renovations continue, slowly, but at least this historic structure hasn't burned down or hit by a wrecking ball.
Stay tuned to asburyboardwalk or this blog .
Asbury Park. One interesting place.
Thursday, September 07, 2006
Bruce Springsteen's statement on his marriage...
We always receive mail with questions to asburyboardwalk.com about the legend that we really can't answer. So to that, Springsteen's repsonse:
BRUCE SPRINGSTEEN ADDRESSES RUMORS ABOUT THE BREAKUP OF HIS MARRIAGE
In a rare comment about his personal life, Bruce Springsteen posted a statement to his official Web site Monday (August 28,2006), in which he replied to the rumor, printed last week on Page Six in The New York Post, that he was splitting from wife and bandmate Patti Scialfa, after having taken up with a 9/11 widow.
Springsteen called the rumors “unfounded and ugly” and said that “our commitment to one another remains as strong as the day we were married.”
Springsteen and Scialfa were spotted shopping in Red Bank, New Jersey, this weekend and those who saw them reported that the couple looked happy and at ease. One shopper reported that Scialfa said that friends of the couple were having a harder time dealing with the rumors than they were.
The full text of the statement follows:
“I hesitate to use this website for anything personal believing it should remain a place where fans of my music can come free of the distractions that occasionally arise with the rest of my job. However, due to the unfounded and ugly rumors that have appeared in the papers over the last few days, I felt they shouldn’t pass without comment. Patti and I have been together for 18 years- the best 18 years of my life. We have built a beautiful family we love and want to protect and our commitment to one another remains as strong as the day we were married.”
That is well said. So ladies and gentleman, remember who got you as far as you have come, and cherish it.
BRUCE SPRINGSTEEN ADDRESSES RUMORS ABOUT THE BREAKUP OF HIS MARRIAGE
In a rare comment about his personal life, Bruce Springsteen posted a statement to his official Web site Monday (August 28,2006), in which he replied to the rumor, printed last week on Page Six in The New York Post, that he was splitting from wife and bandmate Patti Scialfa, after having taken up with a 9/11 widow.
Springsteen called the rumors “unfounded and ugly” and said that “our commitment to one another remains as strong as the day we were married.”
Springsteen and Scialfa were spotted shopping in Red Bank, New Jersey, this weekend and those who saw them reported that the couple looked happy and at ease. One shopper reported that Scialfa said that friends of the couple were having a harder time dealing with the rumors than they were.
The full text of the statement follows:
“I hesitate to use this website for anything personal believing it should remain a place where fans of my music can come free of the distractions that occasionally arise with the rest of my job. However, due to the unfounded and ugly rumors that have appeared in the papers over the last few days, I felt they shouldn’t pass without comment. Patti and I have been together for 18 years- the best 18 years of my life. We have built a beautiful family we love and want to protect and our commitment to one another remains as strong as the day we were married.”
That is well said. So ladies and gentleman, remember who got you as far as you have come, and cherish it.
Tuesday, September 05, 2006
The Esperanza
Asbury Park, NJ
The Esperanza
The 22-story, two-tower project will be the tallest structure in Asbury Park. Occupancy is slated for mid-2008.... One to five-bedrooms will be offered, with prices starting in the mid-$300,000s as of this posting.
The Esperanza
The 22-story, two-tower project will be the tallest structure in Asbury Park. Occupancy is slated for mid-2008.... One to five-bedrooms will be offered, with prices starting in the mid-$300,000s as of this posting.
Blu Asbury Park Condos
The Blu
510 Monroe Avenue
Pyramid Equities is developing the five-story, 24-unit condominium. The one-bedroom units range in size from 900 to 1,500 square feet. Prices will start at $400,000. Completion is slated for early November 07. Schultz Residential is the marketing and sales agent or call David Dorfman, publisher of asburyboardwalk.com a NJ licensced Real Estate Agent with Gilman Commercial Realty LLC.
510 Monroe Avenue
Pyramid Equities is developing the five-story, 24-unit condominium. The one-bedroom units range in size from 900 to 1,500 square feet. Prices will start at $400,000. Completion is slated for early November 07. Schultz Residential is the marketing and sales agent or call David Dorfman, publisher of asburyboardwalk.com a NJ licensced Real Estate Agent with Gilman Commercial Realty LLC.
Wednesday, August 30, 2006
Wesley Grove
Everyone has a name for the townhomes known as Wesley Grove. This project is being built by the Kushner Companies in several phases along Cookman Avenue and Wesley Lake with view of Ocean Grove.
While we like the overall concept, we still wish the overall plan drew more views to Wesley Lake and Ocean Grove then Cookman Ave.
It's a great opportunity for folks who want to be close to the Ocean, Ocean Grove and the proposed Asbury PArk Entertainment disctrict. With all the new shops and eateries in the Cookman Avenue district, it may make for an interesting summer or year-round residence.
The sales center is located in Press Plaza and is open at various times.
While we like the overall concept, we still wish the overall plan drew more views to Wesley Lake and Ocean Grove then Cookman Ave.
It's a great opportunity for folks who want to be close to the Ocean, Ocean Grove and the proposed Asbury PArk Entertainment disctrict. With all the new shops and eateries in the Cookman Avenue district, it may make for an interesting summer or year-round residence.
The sales center is located in Press Plaza and is open at various times.
North Beach Asbury
Located on the north end of the boardwalk and Ocean Avenue, The homes of North Beach consist of condos named - The Barcelona (48 units all reported under contract), The Seville and The Montery. Prices range from $450,000 to over $1,000,000.
These buildings are bing constructed on what was once the very large Monte Carlo pool and Montery Hotel and is north of Convention Hall and the Berkley Cateret Hotel.
While many old timers may not like that these buildings are taking up the entire block, it will begin to bring life to the north end and the construction will eventually block the view of the sewer treatment plant as well as eliminate some of the odors generated by the plant.
These buildings are bing constructed on what was once the very large Monte Carlo pool and Montery Hotel and is north of Convention Hall and the Berkley Cateret Hotel.
While many old timers may not like that these buildings are taking up the entire block, it will begin to bring life to the north end and the construction will eventually block the view of the sewer treatment plant as well as eliminate some of the odors generated by the plant.
Wednesday, August 31, 2005
Eminent Domain
Eminent Domain - The power of a Federal, State or Local governing authority to take one's property for "the public good".
Despite the pleas by the menacing alliance of tax-hungry municipalities and land-hungry developers to do nothing, legislators across the country are quickly moving to fix their abysmal eminent domain laws. The problem of eminent domain abuse was highlighted by the U.S. Supreme Court’s dreadful decision in Kelo v. City of New London, which gave governments the green light to take your home or business and give it to a politically connected private developer because that developer might be able to produce more taxes and more jobs off of your land.
The original intent of eminent domain was to take one's property for a public purpose- for a new road, a new park, schools etc.
Eminent Domain pwoer was then used to remove "blighted" or run-down properties in urban areas - to remove drug users, land speculators who cared little about their buildings etc. Early on, the land or buildings would be taken over by a municipality and sold off at a public auction or given to a charity who would rehab the building.
Next came the developers. As land in omst of the US becomes scarce, developers of apartments, luxury condos, shopping plazas etc have beenn able to coerce struggling towns to use their power of eminent domain to begin eminent domain proceedings to build exactly what they (the developers) propose.
Some of these ideas are truly hopefully to an area, in other cases, it is a way for the developer to assembly a large enough piece of land to redevelop.
The property owners are to receive "fair compensation" - often at a depressed price and not the potential had the area not been blighted. Sometimes, the local government has been accused of creating the same blight they want to renew.
Despite the pleas by the menacing alliance of tax-hungry municipalities and land-hungry developers to do nothing, legislators across the country are quickly moving to fix their abysmal eminent domain laws. The problem of eminent domain abuse was highlighted by the U.S. Supreme Court’s dreadful decision in Kelo v. City of New London, which gave governments the green light to take your home or business and give it to a politically connected private developer because that developer might be able to produce more taxes and more jobs off of your land.
The original intent of eminent domain was to take one's property for a public purpose- for a new road, a new park, schools etc.
Eminent Domain pwoer was then used to remove "blighted" or run-down properties in urban areas - to remove drug users, land speculators who cared little about their buildings etc. Early on, the land or buildings would be taken over by a municipality and sold off at a public auction or given to a charity who would rehab the building.
Next came the developers. As land in omst of the US becomes scarce, developers of apartments, luxury condos, shopping plazas etc have beenn able to coerce struggling towns to use their power of eminent domain to begin eminent domain proceedings to build exactly what they (the developers) propose.
Some of these ideas are truly hopefully to an area, in other cases, it is a way for the developer to assembly a large enough piece of land to redevelop.
The property owners are to receive "fair compensation" - often at a depressed price and not the potential had the area not been blighted. Sometimes, the local government has been accused of creating the same blight they want to renew.
Introduction
The Asbury Park Boardwalk is located on the New Jersey Shore - 90 minutes north of Atlantic City and 60 miles south of New York City.
Since 1975, efforts were intiated to redevelop the boardwalk and surrounding area. The lastest effort is underway once again (2005), with a master-developer and several sub-developers who have begun construction on various projects.
Since 1975, efforts were intiated to redevelop the boardwalk and surrounding area. The lastest effort is underway once again (2005), with a master-developer and several sub-developers who have begun construction on various projects.
Subscribe to:
Posts (Atom)