The city is looking to hire a financial consultant to assist with the acquisition of a lot on the corner of Bangs Avenue and Bond Street, where a public parking garage would be constructed. The city has been in negotiations to purchase the lot since June. It’s currently owned by Magyar Bank because its former […]

Restoration of the Savoy Theatre is one step closer to completion thanks to an ordinance passed by the city council on Nov. 19. The ordinance has two purposes — to increase the allowed height at the building’s site and to decrease the parking requirement for studio apartments. The Savoy is located inside the Kinmonth Building […]

Developer Carter Sackman and his attorney Andrew Karas brought the Kinmonth Project before the planning board once more last night, this time with testimony from parking expert George Jacquemart. After hearing from Jacquemart, the board recommended the city complete an independent parking study. Sackman hopes to restore the Kinmonth Building [pictured at right], on Mattison […]

Downtown Asbury developer Carter Sackman is hoping to further defer construction of a parking garage he and the city planned to build jointly. The city and the developer reached an agreement in 2007 to build the 404-spot garage, which would include more than 100 spots for use by Sackman’s residential tenants, as well as residential […]