In Asbury Park, New Jersey, the oceanside town known for Bruce Springsteen and good surf, a developer is betting he can sell $6 million condominiums in a place that still has a high poverty rate and low median house price. Jay Sugarman, who leads the New York-based real estate investment and development firm iStar, has bought 35 acres of land in the town, and is planning a $1 billion redevelopment there, with up to 20 […]
source https://therealdeal.com/2019/03/27/asbury-park-is-set-to-receive-6m-condos-is-the-sleepy-beach-town-ready-for-them/
No comments:
Post a Comment