Master waterfront redeveloper iStar Residential outlined its plans for a new 16 story high-rise at the former Esperanza site during Tuesday night’s Technical Review Committee [TRC] meeting. “This obviously has been a long time coming,” said iStar Senior Vice President of Development Brian Cheripka.  “We said all along that we were going to take our […]

Master waterfront redeveloper iStar Residential will propose a luxury hotel and condominiums in a sixteen story building to rise from the long moribund Esperanza site on the central waterfront, according to a report posted on line by the New York Times. IStar Chairman Jay Sugarman says that the new building will have 130 condominiums and […]

The underlying focus moving forward will be to keep Asbury Park’s spirit and to help create job opportunities and training programs for local businesses and residents, iStar Financial Senior Vice President of Land and Development, Brian Cheripka said during Saturday morning’s Homeowner’s Association meeting at Langosta Lounge. An example of the latter is the Summer […]

Master waterfront redeveloper iStar Residential has placed surfboards as markers on all the sites they are slated to build on as proof of their committed to the redevelopment of Asbury Park’s waterfront. The surfboards were placed Friday and can be seen at sites along Cookman Avenue, Kingsley Street and Ocean Avenue among other locations. One […]

Decorative scrims covering the cement and rebar skeleton of the Esperanza building have been installed by waterfront redeveloper Asbury Partners. The scrims are part of the Summer Experience initiative initiated by waterfront redeveloper iStar Financial, which is the majority shareholder in Asbury Partners. IStar recently placed hammocks, lockers and bath houses on the waterfront for members of its […]

The longstanding skeleton of the Esperanza building will be partially covered with a decorative scrim this summer. Waterfront redeveloper Asbury Partners is planning to bring bath houses and lockers to the waterfront area through the proposed Summer Experience, and placing a scrim on the Esperanza is part of that plan, said Brian Cheripka at the […]