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RED BANK: HOVNANIAN HQ GOES FOR $42.5M
RED BANK: OceanFirst's $42.5 million purchase of Hovnanian HQ may be a record price for the borough.
Remember: Nothing makes a Red Bank friend happier than to hear "I saw you on Red Bank Green!"
RED BANK: HOVNANIAN SELLING HOME OFFICE
RED BANK: Homebuilder Hovnanian Enterprises, its output shrunken, plans to sell its gleaming headquarters here and move to Matawan.
RED BANK: Homebuilding giant Hovnanian Enterprises very nearly posted a net profit in its most recent quarter.
RED BANK: HOVNANIAN SHRINKS LOSS
RED BANK: Another net loss for Hovnanian, but smaller than the one posted a year ago.
Hovnanian’s headquarters in Red Bank. (Photo by John T. Ward. Click to enlarge) Red Bank-based Hovnanian Enterprises‘ departure from the Minnesota market contributed to a $16.2 million net loss in its firstContinue reading "RED BANK: HOVNANIAN ‘DELEVERAGING’ BOOKS"
Hovnanian Enterprise’s headquarters in Red Bank. (Photo by John T. Ward. Click to enlarge) Hovnanian Enterprises posted a net loss of $19.6 million in its second fiscal quarter, more thanContinue reading "RED BANK: HOVNANIAN POSTS $19.6M LOSS"
Hovnanian’s national headquarters in Red Bank. (Click to enlarge) The red ink continued to flow at Red Bank homebuilder Hovnanian Enterprises in the recently ended fiscal fourth quarter, though theContinue reading "HOVNANIAN ENDURES ANOTHER LOSS"
BANK EYES FORMER HOVNANIAN HQ
It’s been a few years since anybody’s operated in there, but a bank hopes to make the old Hovnanian home base its new digs. (Photo by Dustin Racioppi) By DUSTINContinue reading "BANK EYES FORMER HOVNANIAN HQ"
Hovnanian Enterprises, the Red Bank-based national homebuilder, has announced the death of its founder, Kevork Hovnanian. No details were given about the cause or date of death. Hovnanian lived inContinue reading "KEVORK HOVNANIAN DIES AT 86"
Hovnanian's headquarters on West Front Street. Red Bank-based Hovnanian Enterprises sharply cut its net loss in the quarter ended April 30, compared to year-prior levels. But the publicly traded homebuilder continued to slash prices in the face of contract cancellations...
Hovnanian's head office, as seen from the foot of Maple Avenue. Red Bank-headquartered Hovnanian Enterprises, one of the nation's largest homebuilding companies, saw its losses accelerate in the most recent quarter. The company posted a net loss of $178.4. million...
HOV HQ on West Front Street, Red Bank. A near stoppage in mortgage lending drove Hovnanian Enterprises to its ninth consecutive quarterly loss in the period ending October 31, the Red Bank-based homebuilder reported yesterday. According to Bloomberg, the loss...
The company's headquarters overlooking the Navesink River. Red Bank-based national homebuilder Hovnanian Enterprises saw its second-quarter losses increase elevenfold from last year as land valuations and revenues plunged again amid what Dow Jones calls "the worst housing downturn since the...
Today's Star-Ledger takes a look at the "dismal" year that Red Bank-based Hovnanian Enterprises has had. And the coming year doesn't look at lot brighter. But to make that point, the page-one story kicks off with an an anecdote that...
File photo of Hovnanian's Red Bank HQ, as seen from the foot of Maple Avenue. Amid a widespread credit shutdown, Hovnanian Enterprises said its fourth-quarter net loss quadrupled over year-ago results. The Red Bank-based homebuilding company yesterday reported a net...
Both the Asbury Park Press and the Record of Hackensack have interviews today with Ara Hovnanian, scion and CEO of Hovnanian Enterprises, the Fortune 500 homebuilder headquartered in Red Bank. On the table in each is the state of the...
Red Bank-based K. Hovnanian Homes has pulled the plug on a controversial plan to build up to 4,500 homes in Ocean County's Berkeley Township after an adverse court ruling. "We are not going to pursue this," company spokesman Douglas Fenichel...
Hovnanian Enterprises, the publicly-traded homebuilder that last year moved its corporate headquarters to the heart of Red Bank from Middletown, is scaling back its ambitions in the borough, according to a published report. GlobeSt.com, a real estate industry publication, says...
Red Bank-based Hovnanian Enterprises was blindsided by the swift drop in values on its inventoried land, the company acknowledged yesterday in reporting a $115 million fourth-quarter loss. "We did not anticipate the suddenness or magnitude of the fall in pricing...
The stall-out of the real estate market in recent months isn't only a matter of potential buyers staying out of the market. It's also a function of contract cancellations, which appear to be a significant factor in the woes of...
Partyline
VOLUNTEERS GET INTO THE WEEDS
Toting plastic trash bags, 51 volunteers conducted a walking litter cleanup on Red Bank's West Side Saturday.
“IT’S A PARTY AT WAWA!”
You wish you could vibe like Brian, who lives on the other side of Hubbard’s Bridge. He caught redbankgreen’s attention in Red B ...
POPE OKS ORATORY
RED BANK: St. Anthony of Padua obtains papal approval to establish Oratory of St. Philip Neri, a community of priests and brothers devoted t ...
RED BANK: NEW MURAL BRIGHTENS CORNER
RED BANK: Lunch Break founder Norma Todd is depicted in a mural painted this week on the front of the newly renovated social service agency.
TULIPS TOGETHER
Spring tulips taking in the sunset outside the Molly Pitcher Inn in Red Bank Monday evening.
RIVER RANGERS RETURN
River Rangers, a summer canoeing program offered by the Navesink Maritime Heritage Association, returns this summer for up to 20 participa ...
DOUBLE DYLAN IN RED BANK
Trucks for a production company filming what one worker said was a Bob Dylan biography have lined Monmouth Street the past two days with cre ...
AFTER THE RAIN
A pear tree branch brought down by a brief overnight storm left a lovely tableau on the sidewalk in front of Red Bank's Riverside Gardens Pa ...
CONE OF UNCERTAINTY
Asked by a redbankgreen reporter why these cones were on top of cars, the owner of the car in the foreground responded: “That’s ...
RAIL RIDER’S VIEW
A commuter's view of Cooper's Bridge and the Navesink River from North Jersey Coast Line train 3320 out of Red Bank Tuesday morning.
PUT ME IN COACH!
Red Bank T-Ball kicked off at East Side park on Saturday morning. The brisk weather proved to be no deterrent to the young players, ranging ...
IT’S A SIGN!
Once proudly declaring its all-but-certain arrival in Spring 2019, the project previously known as Azalea Gardens springs to life again with ...
SPRINGTIME MEMORIES OF CARL
The Easter Bunny getup and St. Patrick’s Day hat that belonged to longtime Red Bank crossing guard and neighborhood smile-creator Carl ...
RED TRUCKS AT RED ROCK
A small dishwasher fire at Red Rock Tap and Grill was put out quickly by firefighters overnight, causing minimal damage. Red Bank Fire Depar ...
CREATIVE COVER UP
The windows of Pearl Street Consignment on Monmouth Street were smashed when a driver crashed their car through them injuring an employee la ...
THEY’RE BACK!
Ospreys returned to the skies over Red Bank this week for the first time since they migrated to warmer climes in late fall. With temperature ...
SPRING IS SPRUNG
RED BANK: Spring 2024 arrives on the Greater Red Bank Green with the vernal equinox at 11:06 p.m. Tuesday.
RED BANK’S FINEST – AND NEWEST
Red Bank Police Officer Eliot Ramos was sworn in as the force’s newest patrolman Thursday, and if you’re doing a double take thinkin ...
EASTER EGG MAYHEM AT THE PARK
An errant whistle spurred an unexpectedly early start to the Spring Egg Hunt on Sunday, which had been scheduled to begin at eggsactly 11am ...
PRESEASON DOCKWORK
RED BANK: With winter winding down, marina gets ready for boating season with some dockwork on our beautiful Navesink River.