Werner, My thought that this is being done, as they did in long branch along "new" ocean ave, to INCREASE the buildable area EAST of Ocean Ave. Just a guess. But doing so, they will try adding roughly 20x200 (4,000 sq ft roughly) of floor space per floor. At say, $50 per sq ft that's $200k per year in rent or more...unless they decide to condo out the retail spaces.
Now: 1) Will the city let them increase the footprint of the existing pavillions? 2) If so, how much will the city be compensated for "that extra land". 3) What regs will require cafra approval, if any, if the buildings are increased Dan, comments? Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/AsburyPark/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/