> 16 and 12 stories. However, it will be much taller then originally
> permitted because todays 'story' is taller then the 'story' of the
>1980s.
That is only true in commercial high rise towers. Residential and
hotel towers are typically 10-11 feet from floor surface to floor
surface, not really a change from what was built in the past. Thats
why you see alot of old office buildings in New York converted into
luxury apartments and lofts. Residential spaces require getting alot
of units into one building which means lower ceiling heights, so in a
200 foot building there can be 18 floors instead of 14 or 15.
> In addition it takes up a larger footprint (lot coverage) then
> originally envisioned. No green space around the building, no more
> Park in the new Asbury Park.
This building is a smaller footprint from the original plan in the
80s. It takes up the typical oceanfront city block. The old C-8
structure took up 75% of Ocean Ave, and half of each street to the
north and south. In a way I always look at it never getting built as
a blessing in disguise because of how much access it would have taken
away from the beachfront roads. Now there will be the green spaces
to the north and south with the opened up avenues that wouldnt have
been there had C-8 been built as planned.
> 224 units permitted, could end up with less.
Not likely. The building was designed with 224 units and it is being
built and sold that way. Anyway, Metro Homes is a powerhouse with
loads of money, they are going to finish this building (and I would
bet it will be done on time due to the high end clientelle they are
selling to... dont want to upset the good customers). In Jersey
City, Metro Homes is building those twin Trump Plaza towers. They
build the first one and when it sells out, they start building the
second one. Unlike that, the Esperanza is being built and sold in
one shot. When they sell out that building, they'll develop the
Wonder Bar block to the north or the Albion block to the south.
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