RED BANK: LIVING SHORELINE HITS HARD STOP

WhatsGoingOnHererbpl bulkhead 061016 2The new Navesink River bulkhead at the Red Bank Public Library, as seen from the natural shoreline at Maple Cove. Below, a June, 1906 Red Bank Register article reported on Sigmund Eisner’s plans for the property, including the installation of a bulkhead. (Photo by John T. Ward. Click to enlarge)

By JOHN T. WARD
eisner bulkhead June 6, 1906

This month 110 years ago, the Navesink River site that would later become the home of the Red Bank Public Library was about to get its first bulkhead.

Over the ensuing century, such hard-stop bulkheads came to be regarded as a flawed means of protecting shorelines: less effective at blunting storm ravages than natural shores, and unfriendly to marine life. So when it authorized a controversial new bulkhead two years ago, the borough council relented to public pressure and asked that the replacement incorporate whatever elements possible to make it more like a so-called living shoreline.

In the end, however, the new bulkhead, completed this month. is pretty much the same as the old one.

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HALL CLAIMS WIN IN LOCAL BANK STAKES

The Fair Haven office is one of just five for the locally focused bank. (Click to enlarge)

By MIKE BARON

The shareholders of Rumson-Fair Haven Bank & Trust have spoken, and they apparently aren’t all that worried that hedge fund honcho George Hall is going to turn the their well-heeled area into a Pottersville.

Hall is the founder of investment firm Clinton Group, which has more than $2.5 billion in assets under management, according to its website. On May 11, he won his battle to remove William Barrett as chairman of of the five-branch bank after an independent judge finalized the results of the bank’s annual shareholder vote. Hall is replacing Barrett on the board, and a new chairman is set to be chosen when the bank’s directors meet on Monday.

While the area is undoubtedly a far cry from Bedford Falls, the fictional setting of the classic movie “It’s a Wonderful Life,” Barrett had reportedly likened Hall to Henry Potter, the film’s villain, amid criticism by Hall that the bank wasn’t doing enough local lending.

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