RED BANK: DREAMING BIG ABOUT RIVERVIEW

A video created by a Philadelphia architectural firm shows a vastly expanded Riverview Medical Center campus. (Video by BKT Architects. Click to enlarge.)

By JOHN T. WARD

hot topic red bank njOver more than a dozen years of amassing Red Bank real estate, officials at Riverview Medical Center have been silent on an obvious question: what do they plan to do with their growing land bank?

They’re still not saying. But someone went to the expense of hiring an architecture and urban planning firm to come up with blue-sky concept plans for Riverview, redbankgreen has learned. And he just made a killing selling the hospital some real estate.

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RED BANK: RIVERVIEW DEAL YIELDS WINDFALL

The prices of vacant lots quadrupled in less than four years when they were sold to Riverview in late December. (Photo by John T. Ward. Click to enlarge.)

By JOHN T. WARD

hot topic red bank njThe latest addition to Riverview Medical Center’s Red Bank real estate holdings yielded a windfall gain for the seller, redbankgreen has learned.

Why the hospital paid a whopping price for the site remains unanswered.

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RED BANK: MANSION RAZED; MORE LAND EYED

The planning board approved the demolition of 95 East Front Street in July, 2019. (Photo by John T. Ward. Click to enlarge.)

By JOHN T. WARD

hot topic red bank njTurning aside pleas by historic preservationists, Riverview Medical Center demolished a 19th-century Red Bank mansion Monday.

Meantime, the hospital is planning to gobble up more real estate, redbankgreen has learned: a vacant lot directly across East Front Street from the mansion.

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