Fasano Properties

Asbury Park

Historic Powhatan Hotel Restoration Project Withdrawn

Fasano: I just can’t keep throwing good money after bad

By Michelle Gladden
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Restoration of the historic Powhatan hotel is now off the table, according to property owner Pat Fasano. The local developer withdrew his application to renovate the 208 Third Avenue hours prior to Tuesday’s Zoning Board of Adjustment meeting, according to Zoning Officer Barbara Van Wagner. Fasano, an over 20 year long resident, was seeking to […]

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Oct 10, 2018
Asbury Park

Dollar Tree Opens On Main

Store manager: 80 to 90 percent of the employees are from Asbury Park

By Michelle Gladden
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The Dollar Tree opened its doors at 3 p.m. Thursday on Main Street at the northwest corner of Main Street and Third Avenue. “Our customers discover new treasures every week ranging from seasonal decor, household products, party and craft supplies, dinnerware, food, teaching and school necessities, health and beauty essentials, toys, and books,” said Kayleigh […]

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Sep 04, 2018
Asbury Park

Waterfront Lot By Lot Development Proposed

Changes allow iStar and other developers to construct single lot projects

By Michelle Gladden
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Guidelines that will open new construction along the waterfront will be introduced during the 7 p.m. Asbury Park City Council meeting Tuesday. Known as lot by lot development, the changes allow master waterfront redeveloper iStar to build new projects on land parcels rather than the current block by block development mandated by the waterfront redeveloper […]

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Nov 20, 2017
Asbury Park

The Sun’s City Council Preview

Equal Pay, Women's March Recognition, and State of the City On Agenda

By Michelle Gladden
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The Asbury Park City Council will meet Wednesday in Council Chambers at City Hall, located at 1 Municipal Plaza. A 4 p.m. Executive Session precedes the 6 p.m. Workshop. The Regular Session meeting begins at 7 p.m, with public participation taking place at the beginning of the regular meeting. Items on the agenda include: • […]

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Feb 08, 2017
Asbury Park

Zoning Board Grants New Habitat For Humanity Home

Fasano Properties to Rehab Vacant Memorial Drive building by May's End

By Michelle Gladden
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The transformation of an existing vacant commercial building on Memorial Drive between Third and Fourth avenues will become the new headquarters of Habitat for Humanity. The rehabilitation of the 35,000 square foot property received unanimous approvals by the Zoning Board of Adjustment last week. “Obviously we are very happy to have Habitat as tenants,” said […]

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Feb 07, 2017
Asbury Park

Dollar Tree/Getty Site Project Granted Approval

Third Avenue Mural Wall a part of design

By Michelle Gladden
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The Dollar Tree and proposed retail/apartment building proposed by local developer Pat Fasano was awarded unanimous approval Monday by the Asbury Park Planning Board. Fasano Properties Vice President of Real Estate Development William Stuckey [at right] gave an overview of the project, which will transform the Main Street block between Third and Fourth avenues via […]

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Nov 15, 2016
Asbury Park

Will Third Time ‘Round Be The Charm For Fasano Project?

Redesigned Dollar Tree & Main Street Block Revamp Back On The Table

By Michelle Gladden
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It’s been three years, and at least as many variations, since a of a local developer first introduced plans to rehabilitate property along Main Street between Third and Fourth Avenues where a long shuttered Getty service stations sits. When preliminary Planning Board approvals were granted in Dec. 2013, no definitive tenant for the proposed 10,000 square foot commercial building […]

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Oct 09, 2016
Asbury Park

Dollar Tree on Main Proposal Back on the Table

Fasano Properties shifts design and PILOT request

By Michelle Gladden
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A detailed plan outlining workforce development and a PILOT request that will reduce board of education taxes, but not municipal taxes, are a part of Fasano Properties request to bring a Dollar Tree store to Main Street. The payment in lieu of taxes [PILOT] is a structured tax abatement program that permits reduced taxes during […]

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May 16, 2016
Asbury Park

Dollar Tree slated for Main Street

Four apartments and parking lot part of block's redevelopment plan

By Michelle Gladden
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The Planning Board has granted preliminary approval to local developer Pat Fasano for his proposed Dollar Tree, parking lot, and four apartment construction along the 1100 block of Main Street’s west side [shown above] between Third and Fourth Avenue. It’s been more than a year since Fasano was granted an initial preliminary approval to redevelop […]

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Jun 02, 2015

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