jay sugarman

Asbury Park

Luxury Asbury Ocean Club Hotel Opens In Time For Fourth Of July Weekend

Sugarman: The completion of Asbury Ocean Club will help rapidly accelerate the evolution of the waterfront into a focal point of arts, culture & entertainment for both locals & visitors alike

By Michelle Gladden
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iStar, Asbury Park’s waterfront redeveloper, celebrated the grand opening of its Asbury Ocean Club hotel Monday morning; forever transforming a site that signified twice-failed development over a near 30 year period in the now resurgent city.  Mayor John Moor, introduced by iStar’s Senior Vice President of Land and Development Brian Cheripka, said, “How historic this […]

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Jul 01, 2019
Asbury Park

iStar Volunteer Day In AP

Over 60 Work As Landscapers & Painters At the Boys & Girls Club

By Michelle Gladden
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Over 60 iStar executives and staffers recently played hookie in the midst of a busy week. Headquartered in New York, iStar is the waterfront master developer responsible for the The Asbury, Asbury Lanes, and Asbury Ocean Club developments. Donning their signature grey tees, the New York and local employees spent Wednesday morning giving the Boys […]

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Sep 18, 2018
Asbury Park

Asbury Lanes Grand Opening

Springsteen, Murphy, Jackman, & Grenier Join Celebration

By Michelle Gladden
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A couple Hollywood stars, famed musicians and state and local dignitaries came together Monday night to celebrate the grand reopening of Asbury Lanes. iStar CEO Jay Sugarman opened the night by thanking those who made the relaunch and night possible, including his Senior VP of Land & Development Brian Cheripka.   “Brian is our leader […]

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Jun 20, 2018
Asbury Park

iStar’s Asbury Ocean Club Reaches Its Pinnacle

One to Four Bedroom Luxury Homes Will Sell For $880K To $5.9 Million

By Michelle Gladden
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The Asbury Ocean Club reached its pinnacle last month, a distinction that was celebrated with a topping out ceremony. According to one of the 320-members of the Sordoni construction crew, the ceremony is a historic rite of passage in the industry that represents a bow to the gods for entering into their air space. Today the tradition […]

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Jun 08, 2018
Asbury Park

iStar’s Monroe Condominiums Land On Open Market

Newly Designed Sales Office Serves as Model for 34-Unit Condominiums

By Michelle Gladden
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The Monroe’s 34-unit luxury condominiums along the Asbury Park waterfront officially landed on the sales market this weekend. Officials said 15 units have sold thus far and open houses will be held from 11 a.m. to 4 p.m. Saturdays and Sundays. In a partnership with Sroka Worldwide Team at Douglas Elliman Real Estate, master waterfront […]

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Aug 16, 2016
Asbury Park

IStar unveils plans for 16 story tower on Esperanza site

Boutique hotel and condos on upper floors, with ground floor retail

By Michelle Gladden
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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 […]

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Aug 19, 2015
Asbury Park

Report: IStar to propose hotel and condos at Esperanza site

Sixteen story building to house 130 condos and a 58-room luxury hotel

By Dan Jacobson
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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 […]

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Jul 31, 2015

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