Skip to content
Brian Donohue
Editor Brian Donohue
Long Live Local News
Get "The Blast" Newsletter

A town square for an unsquare town

redbankgreen

Standing for the vitality of Red Bank, its community, and the fun we have together.

Category Archives: Economy

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...
Post a comment
December 19th, 2007 @ 7am
Remember: Nothing makes a Red Bank friend happier than to hear "I saw you on Red Bank Green!"
redbankgreen Classics
Today's New York Post features a Q&A with Rumsonian Mickey Gooch, who among other things is a Wall Street billionaire, head New Jersey fundraiser for GOP presidential hopeful Rudy Giuliani and co-owner, with his wife Diane, of the Red Bank-based...
Post a comment
December 10th, 2007 @ 9am
An ebb tide of property values and glut of 'for sale' signs has Middletown officials thinking this might not be he best time for a revaluation, today's Asbury Park Press reports. Township officials have hired a taxation law expert to...
Post a comment
December 10th, 2007 @ 6am
A customer tries on a bracelet at an opening-night reception at Tiffany & Co.'s Broad Street store earlier this month. The Asbury Park Press today pops in on store owners in downtown Red Bank to gauge their feelings about the...
Post a comment
November 18th, 2007 @ 11am
Love it or loathe it, Tiffany & Co. arrives in Red Bank tomorrow with the opening of a 6,000-square-foot emporium of luxury that caps the downtown's 17-year sprint from economic backwater to one of the most admired in all of...
Post a comment
November 8th, 2007 @ 12pm
Hovnanian's Red Bank HQ, as seen from the foot of Maple Avenue in sunnier days. Red Bank-based Hovnanian Enterprises, one of America's largest publicly traded homebuilders, got walloped again in its latest fiscal quarter. Continuing a slide that company official...
Post a comment
November 6th, 2007 @ 3pm
Its signs, and tiny cars, may have seemed ubiquitous. And the basic idea — transacting home sales at commission rates lower than those typically offered by real estate brokers — seemed like a winner. But local upstart Foxtons is sputtering...
Post a comment
September 27th, 2007 @ 10am
Slashing sticker prices and throwing in extra amenities, Hovnanian Enterprises reports that its weekend sales push on new housing units nationwide exceeded expectations. Wall Street cheered the report, boosting the battered homebuilder's stock price yesterday. From a report on Bloomberg.com:...
Post a comment
September 18th, 2007 @ 6am
Today's Star-Ledger reports that Red Bank-based homebuilding giant Hovnanian Enterprises is cutting prices and offering incentives worth up to $240,000 on unsold new homes, discounts that industry experts call unprecedented. From the story, by business reporter Joe Perone: Just a...
Post a comment
September 13th, 2007 @ 8am
It is perhaps the single most contentious issue in Red Bank: whether the downtown needs a parking garage. Merchants, in general, say yes. They complain that a shortage of street and lot parking is choking their businesses and undermining broader...
Post a comment
September 11th, 2007 @ 12pm
Already struggling against a tide of falling real estate values, Red Bank-based homebuilding giant Hovnanian Enterprises is now, like others in its industry, fighting a rip current brought on by the collapse of the subprime mortgage market. The company reported...
Post a comment
September 7th, 2007 @ 6am
Tax bills reflecting the yet-to-be finalized 2007 municipal rate are landing in Red Bank mailboxes, and the annual rite of collective frustration they bring was amplified at last night's council session by the impact of this year's property revaluations. Things...
Post a comment
August 14th, 2007 @ 11am
Linda Clark makes the case for a town center. The idea of creating a community center at a Red Bank-owned building on the West Side is one that "needs plenty more discussion," children's activist David Prown told a crowded Borough...
Post a comment
August 14th, 2007 @ 9am
The big money stayed home. Once again, Red Bank's efforts to auction off a borough-owned building at the corner of Drs. Parker Boulevard and Bridge Avenue have failed. At a scheduled auction this afternoon, nobody bid. The same thing happened...
Post a comment
August 10th, 2007 @ 3pm
Zuhdi Karagjozi, the Rumson man who founded Kara Homes, claims in court papers that the bankrupt homebuilder's chief restructuring officer and "his henchmen" are poised to cheat him, according to a story on the Asbury Park Press website. From the...
Post a comment
July 19th, 2007 @ 12pm
Tom Labetti and Eileen (nee Weller) Labetti of Elm Place got married recently at St. James Church on Broad Street. The red-haired bride beamed magnificently, the wedding party looked youthful and happy, and the newlyweds headed off for their reception...
Post a comment
July 6th, 2007 @ 5pm
The median price of all new single-family homes built in Monmouth County last year was $810,000, more than 3.5 times the national median of $230,000, according to a new report from the county Planning Board. Typical size: 3,875 square feet,...
Post a comment
June 8th, 2007 @ 6am
Fourteen-year-old Little Silver resident Robert Hale, who made it to the fourth round of the 2007 Scripps National Spelling Bee before tripping up yesterday, is a bit relieved to now have that dictionary off his back, today's Asbury Park Press...
Post a comment
May 31st, 2007 @ 7am
By LINDA G. RASTELLI When you’re redoing a downtown, as rookie Fair Haven Mayor Mike Halfacre is discovering, you can’t please everyone. Exhibit A: the borough’s streetscape plan, which calls for the sidewalks from Memorial Park to Oak Place to...
Post a comment
May 4th, 2007 @ 7am
New Jersey Treasurer Bradley Abelow is scheduled to lead a forum at Red Bank Borough Hall Wednesday night in which he'll discuss the impact of the proposed $33.3 billion state budget for fiscal '08 on municipalities. In announcing the event...
Post a comment
May 1st, 2007 @ 7am
Partyline
RBG CUB SIGHTING
A Partyline contributor positioned on the dais at Thursday's meeting of the Zoning Board of Adjustment captured redbankgreen reporter intern ...
DOWNPOUR STRAINS DRAIN
Partyline captures video of a flooded intersection during Tuesday's afternoon thunderstorm.
STILL ‘OPEN’ SPACE
Next to Fins and Feathers, very surprised to see an overgrown parking lot that still sits there…overgrown and with blacktop. (Photo and te ...
DARK COMEDY BY JERSEY DIRECTOR OPENS FILM FEST
Indie Street Film Festival kicks off with "In Memoriam," a dark comedy about an actor with six months to live.
Indie Street Film Festival Kicks Off
Indie Street Film Festival kicks off.
KUDOS FOR RBCS FINANCE WHIZZES
Monmouth County Board of Commissioners and Borough Council honor Red Bank Charter School students who took second place in a national financ ...
MARINE PARK HOT DOGS
Red Bank's newly remade Marine Park also has a new lunch option, a newly licensed hot dog cart.
MATCHA CLOSE UP
Partyline captures a photographer working for Aura Coffee Roaster angles for the perfect shot of two iced matcha lattes on Broad Street Mond ...
SOUTH STREET AUTHOR TO READ AT LIBRARY SATURDAY
South Street resident Scott Robertson will read selections from his book, Contents of a Curious Mind, Saturday, Aug. 8, from 11:30 a.m. to 1 ...
EARTH SPIRIT FOUNDER DIES
Jocelyn Ruth Midose, longtime owner of Earth Spirit New Age Center has died.
A PERFECT NATIONAL NIGHT OUT
The annual National Night Out event organized by the Red Bank Police Department drew hundreds to frolic amid the green grass and cotton cand ...
Blackhawk Helicopter Arrives for National Night Out
The Blackhawk helicopter has arrived. Everyone’s favorite part of each National Night Out hosted by the Red Bank Police Department jus ...
PARKING METER MOMENT
Patty Bishop of Verona was halfway through her haircut at Fox & Jane when she realized she needed to feed the parking meter. After she p ...
JOIN US AT JJ’S – PLEASE!
A doe-eyed sect of sentient boba teas sweetly beseeches us to join their adorable cult outside of JJ Delicacies this sticky August Sunday!
NEIGHBORS GATHER AT TINO’S
Chris Havens of River Street gathered group of Red Bankers for dinner on Thursday night. The gathering was in the back patio of Tino’s Mex ...
TREE BRANCH VS CAR
A tree branch fell on a parked car on Chestnut Street near Pearl Street Sunday. Submitted by Brian Donohue
APOSTROPHE CATASTROPHE
As a curmudgeonly curator of terrible punctuation on public signs, I’ve seen and shaken my head at a lot of gratuitous quotation marks ...
DANE FOR DEMOCRACY
redbankgreen Partyline captures a great dane who, all signs indicate, has had enough.
SUNFLOWER GAUNTLET
On the Partyline: a sunflower guantlet on River Street.
VIGIL FOR 68 DEAD
About 100 people attended a Saturday vigil at Johnny Jazz Park in Red Bank as part of a nationwide series of events to mourn the lives of pe ...