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Category Archives: Real Estate

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:...
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September 18th, 2007 @ 6am
Remember: Nothing makes a Red Bank friend happier than to hear "I saw you on Red Bank Green!"
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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...
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September 13th, 2007 @ 8am
A federal bankruptcy judge has approved a reorganization plan for the remaining assets of the former Kara Homes, the Asbury Park Press reports. The deal means that work will resume on 11 residential housing developments stalled by Kara's insolvency last...
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September 12th, 2007 @ 7pm
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...
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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...
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September 7th, 2007 @ 6am
A concept plan shows a boardwalk running from the former Peninsula House site down to Donovan's Reef. By LINDA G. RASTELLI The Sea Bright borough council hopes to make the town a magnet on the Jersey shore "second to none,"...
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August 31st, 2007 @ 8am
A late-afternoon view of the former incinerator ash dump at the western end of Sunset Avenue. They came, they saw, they conjured. On a half-hour tour of the former municipal ash dump last night, members of the Red Bank Environmental...
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August 29th, 2007 @ 8am
By LINDA G. RASTELLI Fourteen months ago, the Municipal Land Use Center, a federally-funded, anti-sprawl think tank based at the College of New Jersey in Ewing, chose eight central New Jersey towns to share in $300,000 to come up with...
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August 27th, 2007 @ 11am
By LINDA G. RASTELLI Just two weeks after a controversial go-ahead for Sea Bright officials to try to buy Donovan's Reef, negotiations have come to a halt. Mayor Jo-Ann Kalaka-Adams tells redbankgreen today that the sellers have rejected the borough's...
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August 23rd, 2007 @ 3pm
Today's Asbury Park Press reports that the cell tower planned for Fair Haven won't be a giant faux tree or, as reporter Larry Higgs puts it, won't resemble a common bathroom cleaning implement. Borough Planning Board members only had two...
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August 15th, 2007 @ 6am
Tricia Rumola, a borough native who rose from college intern to executive director of Red Bank RiverCenter and helped solidify its national reputation in the realm of downtown revitalizations, is leaving the organization at the end of the month. Rumola...
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August 14th, 2007 @ 1pm
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...
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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...
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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...
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August 10th, 2007 @ 3pm
After threatening to take Red Bank zoners to court over an adverse ruling last month, the owner of the troubled filling station property at the corner of Monmouth and West streets has instead decided to revise his proposal for stores,...
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August 9th, 2007 @ 1pm
By LINDA G. RASTELLI Buying Donovan's Reef for Sea Bright borough's use is either (choose one) a "great investment" in the town's future or a "nutty" waste of taxpayer’s money. Battle lines were drawn in firm but civil tones last...
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August 8th, 2007 @ 1pm
Fair Haven embarks on round two of its public brainstorming effort over how best to utilize its public spaces along River Road tomorrow night. A workshop, to be led by Cynthia Nitikin, vice president of the nonprofit New York-based consultants...
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August 7th, 2007 @ 8am
Squeezed for parking, the Borough of Sea Bright tonight will mull the question of whether to try to buy Donovan's Reef. The beach bar's owners are said to be asking $4.5 million for the oceanfront property, which is across East...
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August 7th, 2007 @ 7am
The prospective buyers of the historic T. Thomas Fortune house property want to develop the site into affordable housing, according to a press release from the borough Historic Preservation Commission. The names of the would-be buyers have yet to be...
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August 6th, 2007 @ 7am
The Apparently Unstoppable Colmorgen Kids once again nailed it, being first to identify last week's image as the gate at 140 Rumson Road, at the corner of Buena Vista. Fair Haven Mayor Mike Halfacre also recognized it. A rumor we...
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August 2nd, 2007 @ 6am
Partyline
PEACE, LOVE AND JUGGLING
Music and flow arts filled Riverside Gardens Park Friday night at the free flow arts meetup hosted by Cirque de Peace, with guest band Sweet ...
IMMIGRATION PROTESTS CONTINUE
Protests against a wave of immigration arrests in Red Bank and nationwide continued for a third and fourth straight day on Shrewsbury Avenue ...
CARS, BARS AND VANS
Middletown resident Rob King was cruising through the Red Bank municipal parking lot behind the Dublin House Saturday night in his 1969 Plym ...
TWO SHORTS IN FILMONEFEST
Leonardo Morales Pitalua, a 20-year-old animator who lived in Red Bank until February, will have two short films shown at FilmOneFest in Hig ...
LONG DOGGONE WAIT
Partyline photo: The driver of an e-bike and his human passenger wait at the Monmouth Street train crossing while a northbound NJ Transit tr ...
WE’RE LICHEN THIS FUNGHI!
A mushroom sprouts from the mouth-like hole in this lichen-covered tree on the grounds of Red Bank Primary School Tuesday morning.
HELL STRIP FIREWORKS
Revelers launched fireworks from the hell strip in front of a home on Drs. James Parker Boulevard on July 4, one of many impromptu and quest ...
Swimming river sculling 062026
SWIMMING, ER, SCULLING RIVER?
Partyline photo captures a single rower working their way up the Swimming River.
SUMMER SUNRISE
A stunning Sunrise on the Navesink River in Red Bank Tuesday June 30.
BRAZEN LAWLESSNESS?
Who does this? One of those famously (and, yes apocryphally) illegal-to-remove mattress tags lies on the plaza outside the Count Basie Cente ...
SUNNY SKIES, JAZZY VIBES AT RED BANK ARTS FEST
A jazz combo comprised of current and former students of the Red Bank-based Jazz Arts Project performed at the first Red Bank Arts Festival ...
COOL JUNE BRIDE RIDE
It’s a wedding thing. (Photo and text by Rosann Dal Pra)  
RED BANK CLASSIC 5k
Runners at the starting line of the Red Bank Classic 5k Saturday morning.
WORLD CUP WATCH PARTY AT COUNT BASIE FIELD
Solid turnout, festive vibes and a huge Mexico win: Count Basie Park World Cup Watch Party photos. (Click to read)
DOUBLE RAINBOW OVER RED BANK
Partyline contributor captures stunning double rainbow over Red Bank.
RED BANK: SINKHOLE ON SHREWSBURY AVE
Emergency sinkhole repairs closed Shrewsbury Avenue northbound traffic for most of the day Wednesday.
NAVESINK SUNRISE
Partyliner captures stunning sunrise over the Navesink River in Red Bank.
DRONES SCRUB BANK BUILDING
Partyline photo: A power washing drone was used to clean the exterior of the Ocean First Bank Building at 110 West Front Street recently.
MESSAGE TO READERS
Please stand by: A quick message to readers about a pause in news coverage.
IN THE DISTANCE, NEW STATUE UNVEILED
A new monument commemorating the 250th anniversary of US Independence is unveiled in a park that only has a Red Bank mailing address.