[AsburyPark] Re: Star Ledger: Asbury Park revival project still far from finished
Who says we're asleep? 1st go 'round with redevelopment back in the mid 80's went nowhere, with Carabetta declaring bankruptcy, tying the City up with an entanglement that only Judge Mollen of the Mollen Commission could UN-tangle by the late 90's! The power machine that ran Asbury Park into the ground, was still at work, until a grassroots group called Asbury United stepped up to the plate, electing its' 2nd Black Mayor. The losing ticket not satisfied with what happened, compiled a report from the Homeowners' group, gave it to the FBI, resulting in the ousting of the Mayor and eventually all of the council members that were elected in 1996, through corruption, including Terry Weldon, the City Manager/Mayor of Ocean Twp. He was awarded a pension for being arrested! Go figure! In came 5 who cared or not, contracting with Asbury Partners, who sub contracted with Madison Marquette, who has been the mover and shaker, who has done anything so far, but not living up to the original agreement or resulting in anything to the City for what it gave up! Now, you have MM interpreting what they can/can't do, altering the landscape, in their favor, irregardless what the City thought was going to be a feasible plan agreeable, to the City finally having some tax ratables on the books, but with so much unfinished and haphazardly construction unfinished, the old C-8 became the Esperanza or C-8-II! Still with me?I'm not an architect, politician, real estate mogul or any of the people, that move and shake Asbury! Just a resident, citizen and taxpayer! I just have an opinion! Opinions are like A$$-holes! Everybody has one! Since you were honest enough to voice your displeasure as to why AP hasn't moved forward, I just gave my opinion, unvarnished as it is. I also think MM has tried to make an honest attempt to do something! Remember, I moved to NJ 2 months after the 1970 riot. It was not pretty, but the West Side where most of the destruction took place wasn't and still isn't what it should be. Kinda like New Orleans after Katrina, only AP has been wallowing in this shame, almost 40 years! Those residents who were here, before, during and after me, really know the score. Asbury Park is still one of the most beautiful and historical areas, I've ever seen and I've seen many, so this is just my 2 cents. Merry Christmas, Happy Hannukah, Happy Kwanzaa or whatever you celebrate! --- In AsburyPark@yahoogroups.com, New Beetoap newbeet...@... wrote: So its not just me that notices things are amiss... Like I said before... doing some reasearch in various media sources gives a different picture from the all is well view of some AP locals. I'm surprised that the talk about the money/deficit/budget went nowhere. Well not really... guess everyone is too busy 'having fun' to worry about a bankrupt AP (Yes that was a 'dig' - folks down there better wake up) --- In AsburyPark@yahoogroups.com, Jennifer jennifernjca@ wrote: Asbury Park revival project still far from finished by MaryAnn Spoto/The Star-Ledger Tuesday December 09, 2008, 6:28 PM http://www.nj.com/news/index.ssf/2008/12/asbury_park_revival_project_s t.html A year ago, construction ground to a halt on luxury oceanfront condominiums in Asbury Park that had promised to usher in a revival of a city devastated by race riots, political corruption and economic woes. A harbinger of the national real estate disaster that was to come, the Esperanza should have been near completion today, but instead the same three stories stand bleakly against the backdrop of a beachfront awaiting tourists. The poured-concrete foundation hasn't changed since Hoboken-based Metro Homes gave the stop-work order a year ago Sunday, but the company's president insists he is pressing on with plans for a scaled- down version of the high rise. He said work could resume by next summer. Our project is far from dead, said Metro Homes president Dean Geibel. We're basically creating a whole new building. Held hostage for two decades by ups and downs of the housing market, the city is trying to buck current economic trends and continues to rebuild around the building that takes its name from the Spanish word for hope. Surprisingly enough, we're still bringing business into Asbury Park, said Tom Gilmour, director of commerce for the city. A lot of people who wanted to come here got turned off by the high prices and are back. Gilmour said Asbury Park has had 17 new storefronts, including seven new restaurants, open on the boardwalk since May. Another seven businesses opened downtown during that same time. A year ago, retail space in the city's downtown was slightly less than half full. Now it's about 60 percent occupied, he estimated. Last year, the boardwalk had a nearly 70 percent vacancy rate. Now it's maxed out, Gilmour said.
[AsburyPark] Rents in Asbury
Hi, my name is Jeanne and I love Asbury Park and I'm thinking of buying a house there. I currently live in Oakland, CA, and if I do buy there I will probably rent it out for a year or two before actually moving to Asbury for good. I'm wondering what the rents are going for now. It seems there are a lot of condos in the rental market and they're quite reasonable. Does anyone know what a small 2 bedroom house in NW Asbury would rent for these days? Thanks very much in advance for any help you can provide. Jeanne [Non-text portions of this message have been removed] 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:asburypark-dig...@yahoogroups.com mailto:asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
[AsburyPark] People more likely to visit local attractions when money is tight
“People are more likely to visit local attractions when money is tight.” If true, and if Asbury Park can capitalize on it, that’s one positive note amid all the doom and gloom in the article linked below. == NJ Groups Tightening Schedules and Belts, December 14, 2008 http://tinyurl.com/5d7rha Though the focus is on the arts, some of the comments, hopefully, can apply to all of AP's attractions: “There’s always fallout in an economic downturn, so it would be foolish to think we're not going to lose some groups,” she said. “But the organizations that are well managed and have loyal audiences — they'll survive.” _Culture - Artists Tightening Their Belts, and Their Schedules, Amid the Recession - NYTimes.com_ (http://www.nytimes.com/2008/12/14/nyregion/new-jersey/14artsnj.html?ref=new-jerseypagewanted=all) == **Make your life easier with all your friends, email, and favorite sites in one place. Try it now. (http://www.aol.com/?optin=new-dpicid=aolcom40vanityncid=emlcntaolcom0010) [Non-text portions of this message have been removed] 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:asburypark-dig...@yahoogroups.com mailto:asburypark-fullfeatu...@yahoogroups.com * To unsubscribe from this group, send an email to: asburypark-unsubscr...@yahoogroups.com * Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
[AsburyPark] Re: Star Ledger: Asbury Park revival project still far from finished
Thank you for the great background info ! What a mess its been. My comment about waking up is refering to the current situation. Seems that the politicians have not learned from past mistakes either. Ive consistantly been talking about the present and how not meeting the marketing hype put out actually hurts things. Its hard to understand how AP could be losing so much money unless there are really incompetent people running things. the hype--- In AsburyPark@yahoogroups.com, sharon_b283 sharon_b...@... wrote: Who says we're asleep? 1st go 'round with redevelopment back in the mid 80's went nowhere, with Carabetta declaring bankruptcy, tying the City up with an entanglement that only Judge Mollen of the Mollen Commission could UN-tangle by the late 90's! The power machine that ran Asbury Park into the ground, was still at work, until a grassroots group called Asbury United stepped up to the plate, electing its' 2nd Black Mayor. The losing ticket not satisfied with what happened, compiled a report from the Homeowners' group, gave it to the FBI, resulting in the ousting of the Mayor and eventually all of the council members that were elected in 1996, through corruption, including Terry Weldon, the City Manager/Mayor of Ocean Twp. He was awarded a pension for being arrested! Go figure! In came 5 who cared or not, contracting with Asbury Partners, who sub contracted with Madison Marquette, who has been the mover and shaker, who has done anything so far, but not living up to the original agreement or resulting in anything to the City for what it gave up! Now, you have MM interpreting what they can/can't do, altering the landscape, in their favor, irregardless what the City thought was going to be a feasible plan agreeable, to the City finally having some tax ratables on the books, but with so much unfinished and haphazardly construction unfinished, the old C-8 became the Esperanza or C-8- II! Still with me?I'm not an architect, politician, real estate mogul or any of the people, that move and shake Asbury! Just a resident, citizen and taxpayer! I just have an opinion! Opinions are like A$$-holes! Everybody has one! Since you were honest enough to voice your displeasure as to why AP hasn't moved forward, I just gave my opinion, unvarnished as it is. I also think MM has tried to make an honest attempt to do something! Remember, I moved to NJ 2 months after the 1970 riot. It was not pretty, but the West Side where most of the destruction took place wasn't and still isn't what it should be. Kinda like New Orleans after Katrina, only AP has been wallowing in this shame, almost 40 years! Those residents who were here, before, during and after me, really know the score. Asbury Park is still one of the most beautiful and historical areas, I've ever seen and I've seen many, so this is just my 2 cents. Merry Christmas, Happy Hannukah, Happy Kwanzaa or whatever you celebrate! --- In AsburyPark@yahoogroups.com, New Beetoap newbeetoap@ wrote: So its not just me that notices things are amiss... Like I said before... doing some reasearch in various media sources gives a different picture from the all is well view of some AP locals. I'm surprised that the talk about the money/deficit/budget went nowhere. Well not really... guess everyone is too busy 'having fun' to worry about a bankrupt AP (Yes that was a 'dig' - folks down there better wake up) --- In AsburyPark@yahoogroups.com, Jennifer jennifernjca@ wrote: Asbury Park revival project still far from finished by MaryAnn Spoto/The Star-Ledger Tuesday December 09, 2008, 6:28 PM http://www.nj.com/news/index.ssf/2008/12/asbury_park_revival_project_s t.html A year ago, construction ground to a halt on luxury oceanfront condominiums in Asbury Park that had promised to usher in a revival of a city devastated by race riots, political corruption and economic woes. A harbinger of the national real estate disaster that was to come, the Esperanza should have been near completion today, but instead the same three stories stand bleakly against the backdrop of a beachfront awaiting tourists. The poured-concrete foundation hasn't changed since Hoboken- based Metro Homes gave the stop-work order a year ago Sunday, but the company's president insists he is pressing on with plans for a scaled- down version of the high rise. He said work could resume by next summer. Our project is far from dead, said Metro Homes president Dean Geibel. We're basically creating a whole new building. Held hostage for two decades by ups and downs of the housing market, the city is trying to buck current economic trends and continues to rebuild around the building that takes its name from the Spanish word for hope. Surprisingly enough, we're still
