The future of the three surface parking lots in the city’s waterfront redevelopment area should be determined by the next city council meeting on April 17, city manager Terence Reidy said at last night’s meeting. “I don’t know what the exact final plan is going to be,” Reidy said, “but [it will incorporate] the type […]

The city is currently in negotiation with iStar Financial and Madison Marquette to create a new agreement governing the use of three surface parking lots in the waterfront redevelopment area, city manager Terence Reidy said. Reidy expects the issue to be resolved within the next 30 days, and says the lots will definitely be available […]

The city council unanimously approved a waterfront infrastructure financing plan at the Feb. 20 council meeting — but not before a presentation and a public hearing on the proposed agreement. Mayor Ed Johnson, Deputy Mayor John Loffredo, Councilwoman Sue Henderson and Councilman Kevin Sanders were present and voted yes on the ordinances that put the […]

The city council will vote at its meeting tomorrow night on whether to implement a new funding mechanism for infrastructure repairs in the waterfront redevelopment area. At a council meeting held last week, many residents came to the microphone during public comment to ask about the plan. Under the funding plan, the city will bond […]

Demolition of two buildings located in the former stump yard on Cookman Avenue began today. Crews started to demolish the two structures, located on a block between the Wesley Grove condominiums and Kennedy Park, at about 9 a.m. this morning. The larger structure with white awnings has functioned as both a bank and the local […]

The city and two waterfront redevelopers are seeking to extend the trial period for three boardwalk street light fixtures. The black decorative street lamps have sound systems to play music, and one has an LED digital screen that can display messages or advertisements. The three test lights were donated by Amerlux lighting system, city engineer […]

The northern beachfront entryway to Asbury Park has just been spruced up. At the Loch Arbour entrance to Asbury Park, waterfront redeveloper Asbury Partners last week installed trees and a mix of stone, grass and various shrubs. The improvements are part of the redeveloper’s ongoing streetscape program, according to Brian Cheripka, vice president of land […]

Waterfront redeveloper Asbury Partners is set to demolish four buildings over the next one to three weeks. Two of the buildings are located in the same block as the area known as the stump yard on Cookman Avenue. Asbury Partners began to level the stump yard yesterday. The two buildings on Cookman are a former […]

Workers yesterday began chopping the tops off of the wood pilings in the Cookman Avenue lot known by locals as the stump yard. The property, which is owned by master redeveloper Asbury Partners, is a vacant lot full of wooden pilings whose tops are visible above the ground. Some of the stumps are adorned with […]

Key redevelopment players Madison Marquette and iStar Financial have bound themselves together more closely as a result of a deal the two announced on Thursday. Under the agreement, two undeveloped tracts held by Madison Marquette will be transferred to Asbury Partners, which is currently owned by iStar, according to iStar’s vice president of land Brian […]