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 […]

Lakehouse owner Jon Leidersdorff is seeking a tax abatement to help with the expansion of his Lake Avenue music academy and recording studio. Earlier this month, the city’s Planning Board approved an amendment to allow expansion of Leidersdorff’s operation into the neighboring three-story building that has remained vacant for years. The plan now awaits the City […]

A city tax abatement ordinance tabled for further review after members of the public voiced opposition to it was voted into law Wednesday. Members of the Asbury Park City Council again split their votes 3-2 on the measure. Mayor Myra Campbell and Council members John Loffredo and Susan Henderson voted yes. Council members Amy Quinn and […]

A city ordinance that allows property owners to apply for tax abatements for improvements to existing structures and new construction passed is first reading. At its meeting last week, the City Council voted 3-2 to extend the abatement, which was originally adopted over 10 years ago and renewed in 2008. Mayor Myra Campbell and Council members John […]

A city ordinance that allows property owners to apply for tax abatements for improvements made to existing structures and new construction throughout the city expires at the end of this year. Under the state’s five year abatement and exemption law, cities that qualify may adopt an ordinance to provide local property tax abatement or exemptions. […]