This one goes back to the 1950's and the Coleman House land. Involves parking 
lots, "valuable" land, what the city thought should be developed, what the 
developer thought should be developed, what the taxpayers wanted and what 
vaccaro (not hv)wanted...
++++++++++++++++++++++++++
...he successful bidder shall apply for and obtain a building permit from the 
City of Asbury Park for the erection of not less than a seven story stores and 
elevator apartment building on the land facing Ocean Avenue and one story 
stores on Asbury Avenue.

5. The successful purchaser shall provide parking facilities in excess of the 
apartments that are constructed.

6. As an alternate, the City will permit the successful bidder to erect part 
hotel suites and hotel rooms if he so desires." (Emphasis ours)

blah blah blah... blah and more blah...

LINK:
http://goo.gl/Z1kqb



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