The luxury condominium “The Lofts Pier Village” in Long Branch is officially sold out.
A nearly half-acre property at the corner of Ocean Boulevard and Morris Avenue immediately south of The Lofts at Pier Village is reportedly slated to become a hotel.
Extell Development has sold their ownership stake in the luxury development that the companies jointly built on previously vacant beachfront property.
Developers will host a grand opening in late October for 57 upscale condos on the Long Branch waterfront, a development known as 365 Ocean.
The development, also known as the third phase of the Pier Village expansion, will deliver 245 beachside condominiums to Long Branch.
The pizzeria’s expansion starts later this month along Grove Street and will continue with a second Jersey Shore location in May.
South Beach at Long Branch, a luxury condo building rising along the Long Branch, New Jersey, oceanfront, is officially topped off.
At $2.75 million, the three-bedroom, 1,500-square-foot penthouse at the Lofts at Pier Village is the most expensive condominium sale in Long Branch this year.
High-end condos, restaurants, retailers, and a hotel will complete the community of amenities at Pier Village in Long Branch.