RED BANK: FOURTH-GENERATION BIZ CLOSING

red bank 17-21 west sT.The home of Sanford Auto Body, at the corner of West and Wall streets, will be razed to create parking for the nearby Red Bank Corporate Plaza, the sellers say. (Photo by John T. Ward. Click to enlarge.)

By JOHN T. WARD

After almost 80 years banging out dents and straightening frames, a Red Bank auto body shop is headed to the scrap heap.

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RED BANK: GRANDVILLE GETS HALF A LOAF

Grandville Towers resident Jane Manning asks a question of the Rent Leveling Board last Thursday night (Photo by Sarah Klepner. Click to enlarge)

By SARAH KLEPNER

Red Bank’s Grandville Towers Grandville Towers is getting glass railings, but not a new pool – not at the tenants’ expense, at least.

Thursday night, the Rent Leveling Board went line by line over PRC Management’s proposal for $3 million-plus worth of work at the 10-story apartment building, which the applicant sought to have covered by rent surcharges.

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RED BANK: GRANDVILLE RENT HIKE WEIGHED

Grandville Towers neighbors look on as resident Mary Cook, below, questions PRC vice president Tom Arnone, left. (Photo by Sarah Klepner. Click to enlarge)

By SARAH KLEPNER

The Red Bank Rent Leveling Board wrapped up testimony and public comment on a plan for upgrades and higher rents at Grandville Towers Thursday night, but held off on making a decision before next month.

Building manager PRC Group is seeking permission to impose rent surcharges to recover the costs of a proposed $3.6 million rehabilitation-and-upgrade project that has tenants fearing sharp increases.

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RED BANK: GRANDVILLE UPGRADES DETAILED

Tenants Sonia Walker, left, and Jennifer Lugo-Walker study the project plans for the 10-story apartment building, below. (Photo above by Sarah Klepner. Click to enlarge)

By SARAH KLEPNER

About 30 residents of Red Bank’s Grandville Towers highrise turned out for a special meeting of the borough Rent Leveling Board Wednesday, anxious about renovation plans and their effect on rents.

Tom Arnone, vice president at he PRC Group, the building’s manager, presented an overview of the the work that – pending RLB approval of rent surcharges – would be done in three phases expected to last a total of about 14 months, starting in September.
Because PRC is still seeking quotes for the work, the surcharges may vary from present estimates, said Arnone, who also serves as a member of the Monmouth County Board of Chosen Freeholders.

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GRANDVILLE SLATED FOR FIXES & RENT HIKES

Winds tore off the roof liner at Grandville Towers during Hurricane Sandy on October 29, (Photo by Ken Kalada. Click to enlarge)

By JOE FISHER

Tenants of Red Bank’s Grandville Towers face rent increases as high as 15 percent under a $3.8 million capital improvement plan to be considered next month by the borough’s rent leveling board.

Teddy Construction Company, owner of the 91-unit high-rise complex, is scheduled make its pitch for the increases at a special board meeting April 2. [UPDATE: The April 2 meeting has been canceled at the request of Teddy’s lawyer. No new date has been set.]

Whether rents can be raised to Teddy’s satisfaction will hinge on whether work slated for the 10-story structure on Morford Place qualifies as capital improvements or maintenance, according to board officials.

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IN RED BANK, MAKING A LOT OF A LITTLE

Long the home of a car dealership and later approved for an office building, the parcel is now the site of a valet-only parking lot. (Click to enlarge)

By JOHN T. WARD

After 15 years as a vacant eyesore, a property at a gateway to Red Bank has been transformed into a spiffy new… parking lot.

Serving the Atrium at Navesink Harbor senior citizens’ luxury high-rise on Riverside Avenue, and accessible only to its valet drivers, the parking lot is the first of a long line of development ideas for the site to be completed.

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