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: Investing

BANK TO DEPOSIT ITSELF ON BROAD STREET
News
OceanFirst Bank will take space in a building that’s been a supermarket, a five-and-dime and home to a number of financial services companies over its 92-year history. (Click to enlarge)Continue reading "BANK TO DEPOSIT ITSELF ON BROAD STREET"
Post a comment
January 9th, 2013 @ 7am
Remember: Nothing makes a Red Bank friend happier than to hear "I saw you on Red Bank Green!"
redbankgreen Classics
Hovnanian’s headquarters, on Maple Avenue in Red Bank. (File photo. Click to enlarge) After going one-for-22, Red Bank-based national homebuilder Hovnanian Enterprises racked up a second consecutive net gain in itsContinue reading "HOV POSTS SECOND CONSECUTIVE PROFIT"
Post a comment
September 7th, 2012 @ 7am
WHERE’D THE LOVE GO?
News
The former home of Love Lane Tuxedos is one of downtown Red Bank’s most persistent large vacancies. (Click to enlarge) By MIKE BARON Where’s the love for the old LoveContinue reading "WHERE’D THE LOVE GO?"
Post a comment
May 3rd, 2012 @ 8am
The addition will connect two existing buildings while permitting vehicles to pass underneath. (Click to enlarge) By JOHN T. WARD Framed by talk about its positive effects on lunchtime restaurantContinue reading "‘FLOATING’ DOWNTOWN OFFICE WAFTS TO OK"
Post a comment
January 20th, 2012 @ 10am
Hovnanian’s Red Bank HQ, as seen from the foot of Maple Avenue. Hovnanian Enterprise reported a $72.7 million loss as revenue fell in latest fiscal quarter. The deficit was worseContinue reading "MORE RED INK FOR RED BANK HOMEBUILDER"
Post a comment
June 8th, 2011 @ 8am
Middletown police say they arrested a township-based employer Tuesday for theft of his workers’ Individual Retirement Account benefits. David Crosby, 56, of Murphy Road in the Port Monmouth section, wasContinue reading "BOSS BUSTED FOR EMPLOYEE BENEFIT THEFTS"
Post a comment
April 14th, 2011 @ 12pm
A Lincroft rare-coin dealer has sold a World War II-era penny for $1.7 million, according to a report by Coin Update News. Legend Numismatics handled the sale of the coin,Continue reading "PENNY FETCHES 170,000,000 PENNIES"
Post a comment
September 23rd, 2010 @ 7am
File photo of the company’s headquarters overlooking the Navesink River. (Click to enlarge) Homebuilder Hovnanian Enterprises slashed its net loss in its latest fiscal quarter, but still produced more redContinue reading "HOV BEATS OUTLOOK — IN WRONG DIRECTION"
Post a comment
September 2nd, 2010 @ 5am
Forty-one-year-old financial advisor Stephen Severio of Fair Haven was sentenced to seven years in prison Friday after admitting that he defrauded clients out of more than $700,000, the Asbury ParkContinue reading "ADMITTED SCAMMER GETS SEVEN YEARS"
Post a comment
August 16th, 2010 @ 9am
Hovnanian’s headquarters overlooking the Navesink River at Maple Cove. (Click to enlarge) The misery isn’t over at Red Bank-based national homebuilder Hovnanian Enterprises, despite a brief return to the blackContinue reading "HOV POSTS ANOTHER QUARTERLY LOSS"
Post a comment
June 3rd, 2010 @ 8am
Two major newspapers take a peek today into the world of technology-driven stock trading— and its connection to a whipsaw drop and rebound in prices earlier this month — byContinue reading "ABOVE BROAD STREET, A WALL STREET SHAKER"
Post a comment
May 17th, 2010 @ 5am
A stockbroker from Fair Haven is looking at seven years in prison under the terms of a plea deal he accepted yesterday for pocketing nearly $700,000 he swindled from 31Continue reading "FAIR HAVEN BROKER COPS TO $700K SCAM"
Post a comment
February 17th, 2010 @ 7am
Hovnanian’s Red Bank HQ, as seen from the foot of Maple Avenue. Hovnanian Enterprises reported a fourth-quarter net loss of $250.8 million yesterday. That’s down from a net loss ofContinue reading "HOV REVENUE FELL BY HALF IN 2009"
Post a comment
December 17th, 2009 @ 8am
One day after he pleaded guilty to federal charges arising from an $8 million investment scam, Fair Haven resident Maxwell Smith was in state court Wednesday, owning up to moreContinue reading "MONEY MAN ADMITS TO STATE FRAUD CHARGES"
Post a comment
November 19th, 2009 @ 7am
Maxwell Smith, a 69-year-old financial advisor and Fair Haven resident, pleaded guilty to fraud charges yesterday, admitting he stole at least $8 million from clients. He faces up to 20Continue reading "FAIR HAVEN MAN ADMITS $8 MILLION SCAM"
Post a comment
November 18th, 2009 @ 8am
A former broker at the Red Bank office of Merrill Lynch was indicted by a Monmouth County grand jury yesterday on charges that he swindled $500,000 from more than twoContinue reading "MERRILL BROKER INDICTED FOR FRAUD"
Post a comment
September 11th, 2009 @ 5am
HOV POSTS 12TH CONSECUTIVE NET LOSS
News
Hovnanian’s HQ, at the foot of Maple Avenue in Red Bank. Homebuilder Hovnanian Enterprises has notched its third straight year in red ink, according to data released Wednesday. The glimmerContinue reading "HOV POSTS 12TH CONSECUTIVE NET LOSS"
Post a comment
September 3rd, 2009 @ 7am
STAPLES TO LAND IN RED BANK’S IN-BOX
News
The big-box retailer will lease a space less than a quarter the size of its average store at 137-139 Broad Street. Staples Inc., the big-box office supply retailer, is comingContinue reading "STAPLES TO LAND IN RED BANK’S IN-BOX"
Post a comment
July 15th, 2009 @ 6am
A Fair Haven investment adviser who is reported to have a villa in France was charged in federal court in Newark today with running a Ponzi scheme, the Star-Ledger is reporting. The criminal allegations against Maxwell Smith follow earlier allegations...
Post a comment
May 6th, 2009 @ 2pm
A Morris County judge today froze the assets of a Fair Haven investment adviser who is alleged to have swindled an elderly client out of $9 million over a decade, according to reports by the Star-Ledger and Morristown's Daily Record....
Post a comment
April 23rd, 2009 @ 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.