Hovnanian’s headquarters in Red Bank, as seen from the borough library. (Photo by John T. Ward. Click to enlarge)
By JOHN T. WARD
OceanFirst Financial plans to buy the Red Bank headquarters of homebuilder Hovnanian Enterprises, redbankgreen has learned.
Hovnanian’s headquarters in Red Bank, as seen from Maple Cove at the foot of Maple Avenue. (Photo by John T. Ward. Click to enlarge)
By JOHN T. WARD
[This post has been updated with comments from Mayor Pasquale Menna.]Eleven years after moving in, dramatically shrunken homebuilder Hovnanian Enterprises is selling its gleaming Red Bank headquarters and moving to Matawan, redbankgreen has learned.
Hovnanian’s headquarters in Red Bank. (Photo by John T. Ward. Click to enlarge)
Homebuilder Hovnanian Enterprises‘ posted a steeply reduced net loss in its latest fiscal year, which its chairman called “very challenging,” the Red Bank-based company reported Thursday.