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

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...
Post a comment
April 29th, 2007 @ 10am
Remember: Nothing makes a Red Bank friend happier than to hear "I saw you on Red Bank Green!"
redbankgreen Classics
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...
Post a comment
April 3rd, 2007 @ 7am
Virginia S. 'Ginny' Bauer, New Jersey's Secretary of Commerce and the widow of a man killed in the Sept. 11, 2001 attacks on the World Trade Center, is Gov. Jon Corzine's choice to fill a seat on the board of...
Post a comment
March 29th, 2007 @ 5pm
It's turning into a break-out-the-Champagne kind of week for downtown Red Bank. First came news last week that Tiffany & Co plans to open one of its high-end emporiums on Broad Street. Now there's a poll released Monday by Monmouth...
Post a comment
March 27th, 2007 @ 10am
Gov. Jon Corzine is scheduled to appear at the Lincroft campus of Brookdale Community College tomorrow morning to "outline his vision" for the redevelopment of Fort Monmouth and to answer questions from the public, the Asbury Park Press reports today....
Post a comment
March 13th, 2007 @ 10am
Contract cancellations like crazy in a particular Florida market are dragging down earnings at Hovnanian Enterprises, officials of the Red Bank-based homebuilding company say. The builder said it expects to take a $90 million hit from writing down the value...
Post a comment
February 27th, 2007 @ 11am
Unelected Red Bankers aren't the only ones reeling over the reassessment letters that landed in their mailboxes in recent days. Mayor Pasquale Menna said he's peeved that the letters went out without his approval, and were written, he said, in...
Post a comment
February 10th, 2007 @ 5pm
The meter is still spinning out of control on winter heating bills, and now comes news from the state Board of Public Utilities that electricity users will get slammed with a 14.2-percent price increase in June, the Asbury Park Press...
Post a comment
February 9th, 2007 @ 3pm
Red Bank property owners: it's reassessment time. So prepare to find in your mail an innocuous looking white envelope from a company called Realty Appraisal Co. And brace yourselves. We here at redbankgreen got ours just minutes ago, showing a...
Post a comment
February 8th, 2007 @ 12pm
Having "hit kind of a wall" in 2006, Red Bank-based Hovnanian Enterprises is being cautious about 2007, a company executive says in an interview in today's Star-Ledger. J. Larry Sorsby, HOV's chief financial officer, tells the Ledger's Judy DeHaven that...
Post a comment
February 6th, 2007 @ 7am
VINCENT J. FAIELLA RED BANK SURPLUS 16 WALLACE STREET I've been here four months. We were in Brooklyn for 79 years — Reliable Naval Tailoring Co. I'm third-generation. I've been living in Little Silver for 15 years. I was born...
Post a comment
January 25th, 2007 @ 8am
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...
Post a comment
January 20th, 2007 @ 11am
A gateway property on Red Bank's West Side, the administration headquarters of the Community YMCA on Drs. James Parker Boulevard, has been sold, redbankgreen has learned. The buyer, PS5 LLC, paid $1.3 million for the longtime public school building, according...
Post a comment
January 12th, 2007 @ 2pm
Sunday's Star-Ledger has a terrific profile of Fair Haven's Bob Lucky, head of the Fort Monmouth re-use panel and an engineer whose seminal work led to the creation of the Internet. The article, by Wayne Wolley, begins: Bob Lucky earned...
Post a comment
January 7th, 2007 @ 11am
Remember that attempt to flip a house on Madison Avenue we told you about in June? Well, the house remains unsold 18 months after an investor bought it, at the top of the market, for $475,000 $450,000. Sara Swanson, the...
Post a comment
December 28th, 2006 @ 12am
With a couple of critical days left in the holiday shopping season, it would appear that the consensus among downtown merchants is that this year's cash-register activity, while not booming, is at acceptable levels. redbankgreen hit the pavement late Wednesday...
Post a comment
December 21st, 2006 @ 12am
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...
Post a comment
December 19th, 2006 @ 9am
Ten questions for John and Rachel Decker, owners of Graman's Vacuum & Appliance Parts Co. on Monmouth Street, at the corner of West Street. They live in Tinton Falls. How long have you owned this business, and who had it...
Post a comment
December 14th, 2006 @ 1am
Signals are apparently turning mixed in the real estate market, which is probably good news for sellers who've heard nothing but doom and gloom in recent months. A new report from the good folks at the Otteau Valuation Group in...
Post a comment
December 4th, 2006 @ 4pm
Two weeks after his election, and six weeks before he's to be sworn in, Mayor-elect Pat Menna moved to put his stamp on Red Bank Monday night, introducing a plan to expand the special-assessment business district known as RiverCenter to...
Post a comment
November 21st, 2006 @ 4pm
Partyline
SOMEWHERE OVER THE RAINBOW
Stunning rainbow over Red Bank as a big weekend storm approaches.
“FESTIVA” YACHT DOCKED AT MARINE PARK
Festiva, an 85-foot yacht, was docked at Marine Park on Friday night. Red Bank Green spoke to the owner, Everett Moore, who said that it was ...
OH NO! ELMO LOST!
A lost Elmo appears to be reaching out for help through the redbankgreen Partyline.
NAVESINK SPILLS OVER
Nor'easter stacks tides up in the Navesink, pushing the river over its (Red) banks.
BUZZ LIGHTYEAR WATCHES LINE DANCERS
redbankgreen Partyline captures Buzz Lighyear watching the line dancers on Broadwalk Monday night. 
EGRET-FUL END TO SUMMER
A great egret patrols the shallows of the Swimming River in front of the Red Bank Primary School last week. Submitted by Brian Donohue
COMMUNITY MESSAGE BOARD NOW OPEN ON HUDSON AVENUE
Community message board open! The RBPD has placed a mobile display board on Hudson Avenue. Send captions and messages you’d like to se ...
A CHIEF’S FAREWELL
Funeral services at St. James church and a large American flag suspended over Broad Street from an RBFD hook and ladder for former Red Bank ...
COIFFING GUARD
redbankgreen Partyline captures super cool crossing guard just chilllin'.
SURF TACO RE-OPENS NEW LOOK DINING ROOM
Partyliner captures Surf Taco's new look dining room.
STEEPLETOP RAVEN
redbankgreen Partyline: a raven calls out from atop the steeple of St. James Church.
CARPENTER OR COMPETITOR? HOT DOG TRUCK RIVALS EMERGE IN RED BANK
On the redbankgreen Partyline: with two new hot dog vendors opening this summer, even a carpenter's box truck makes one wonder.
BOONDOCKS SWAN
redbankgreen Partyline: Swan on the Navesink River as seen from Boondocks restaurant.
9/11 TRIBUTE
Bailey Bryce Holiday and her father Bobby Holiday Jr. paint the lawn at Riverside Gardens Park Tuesday in preparation for the upcoming comme ...
PILGRIM BAPTIST TO JAMAICA
Recently, Pilgrim Baptist Church of Red Bank traveled to Trelawny Parish of Jamaica on a Relief & Recovery Mission Trip.  The Mission T ...
SNAIL WEATHER
Overnight rains and warm humid temperatures brought out a parade of snails along the access path to the Red Bank Primary School near Locust ...
ECHOES OF THE PAST IN TILE
Next to Playa Bowls. Always fascinated how this has stood here this long. (Submitted by Joseph Jakub)
VIVA LA ELSIE’S
redbankgreen Partyline captures French visitor enjoying a pickle sub from Elsie's.
Truck strike downs pole
A truck struck a utility pole at the intersection of Catherine Street and Shrewsbury Avenue at about 8 am Monday morning. The pole wss compl ...
THRONGS FLOCK TO RED BANK STREET FAIR
redbankgreen Partyline: Thousands fill the streets of Red Bank for street fair.