RED BANK: DENHOLTZ PLANS MASSIVE PROJECT

Denholtz’s plan would cover several NJ Transit parking lots, as well as company-owned sites. (Photo by John T. Ward. Click to enlarge.)

By JOHN T. WARD

hot topicDenholtz Properties is negotiating to create a massive new development at the Red Bank train station, redbankgreen has learned.

The company’s plan is dependent on the borough designating a swath of sites around the station as redevelopment area, CEO Steve Denholtz said in an interview this week.

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RED BANK: DENHOLTZ TO BUY MAYO PROPERTY

Mayo Auto Service owner Pete Soviero outside his Monmouth Street shop last week. (Photo by John T. Ward. Click to enlarge.)

By JOHN T. WARD

hot topicThe Denholtz Properties juggernaut continues, with the Red Bank real estate development company about to acquire another key block of sites in town.

Mayo Auto Service owner Pete Soviero has agreed to sell the Monmouth Street property alongside the train station that’s been home to his business for the past 18 years, he confirmed to redbankgreen last week.

But the shop is “not going anywhere” for several years, he said.

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