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Hudson Valley Property Group Invests $45 Million in Asbury Park Affordable Housing
The new owner, Hudson Valley Property Group, is investing $45 million to acquire and upgrade 170 affordable units in downtown Asbury Park.
Asbury Park OKs 30-Year PILOT Tax Abatement for Mixed-Use Development with Affordable Housing
Asbury Park approves a PILOT agreement for a mixed use project that includes office space and is located near the city's train station.
Asbury Park Approves 101-Unit Development with Over 50% Affordable Housing
A plan from Sackman Enterprises is looking to revitalize a stretch of Asbury Park with affordable housing, community spaces, and more.
Asbury Park to Consider 92-Unit Mixed-Use Proposal with Affordable Housing
Asbury Park's planning board is slated to hear a plan to revitalize the former People’s Ice & Coal Company site with a modern development.
After Multiple Delays, Affordable Housing Project Breaks Ground in Asbury Park
This past week, ground was broken on a new affordable housing project coming to Asbury Park.
126-Unit Mixed-Use Project Approved for Former Braverman Building in Asbury Park
A new development with affordable housing and retail is coming to Asbury Park's commercial district.
Another Development Planned for Monroe Avenue in Asbury Park
Sackman Enterprises wants to bring a mixed-use development to a corner property near a retail corridor that includes affordable housing, retail space, and several penthouse units.
Asbury Park Approves iStar’s AP Triangle Townhomes Development
Following months of discussion, the city’s planning board green lit a project that will see 48 modern townhomes constructed on about two acres near Wesley Lake.
Asbury Park Battles to Stay Affordable During Resurgence
As the city becomes attractive to developers, several battles are being waged in hopes of keeping the community inclusive, including attempts to expand affordable housing.
Asbury Park Property Values on the Rise
A preliminary assessment for 2018 shows a rise in property values for the Jersey Shore city of Asbury Park. As the numbers go up, at least one group is trying to keep the community accessible for those who aren’t super rich.
