Asbury and industry officials celebrate development.Governor Jon S. Corzine, Asbury Park Asbury Park, city (1990 pop. 16,799), Monmouth co., E N.J. An Atlantic resort noted for its beach, boardwalk, and convention hall, it has declined since the 1960s. The burning liner Morro Castle grounded off the beach here in Sept. Mayor Kevin Sanders Overview
Kevin Sanders was born on October 9, 1982 in Dekalb County, Georgia and grew up in Conyers, Georgia. He is the drummer of the five-member American pop rock band from Conyers, Georgia that formed in 2004, called Cartel. and other elected officials joined Paramount Homes and Tishman Construction Corporation this last to celebrate the Topping Out of North Beach Asbury Park's first-phase luxury 157-unit condominium condominium
In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. community on the oceanfront o·cean·front
Land bordering an ocean: Condominiums crowd the oceanfront.
Noun 1. oceanfront - land bordering an ocean .
A highlight of the celebration was the hoisting and installation of a flag-bedecked structural steel beam marking the uppermost point of the eight-story Monterey, the last of the three new Paramount condominium buildings including the Barcelona and the Seville, at the square-block North Beach site. The property's Mediterranean-style architecture is reminiscent of its namesake name·sake
One that is named after another.
[From the phrase for the name's sake.]
Noun , the original Monterey Hotel, built in 1916, which formerly occupied the site on Ocean Avenue at the foot of Seventh Avenue.
Kevin Sanders, Mayor of Asbury Park, said, "Just weeks ago at a development site just a few yards down Ocean Avenue, we witnessed the implosion implosion /im·plo·sion/ (im-plo´zhun) see flooding.
1. of C-8, the last remaining skeletal symbol of past years' failed redevelopment efforts. Revitalization re·vi·tal·ize
tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es
To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy. is happening everywhere in the city and everyone wants to see this city come back. Memorial Day weekend was the busiest that it has been in years because more and more people are rediscovering Asbury Park. Buildings are rising and Asbury Park is regaining its sparkle as the Jewel of the Jersey Shore."
Jeffrey Fernbach, Paramount Homes President, said, "I personally want to thank everyone at the City of Asbury Park for their steadfast diligence, hard work and support of North Beach. Mayor Sanders, the entire City Council, City Manager Terence J. Reidy, and Asbury Park's Director of Planning and Redevelopment, Donald Sammet have all shared their tremendous enthusiasm with us all from the start. Just as importantly, our new homebuyers share Mayor Sanders' and his staff's vision. Our buyers see the beautiful oceanfront and all the other amenities and support that a real, thriving urban environment can offer--all within walking distance of their homes. In just months, not years, your eyes will not believe the positive changes happening right here."
Daniel R. Tishman, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Tishman Construction Corporation, the project's Construction Manager, said, "We are all extremely fortunate that Paramount Homes, and local and state government officials were not afraid to dream big and boldly lead the community of Asbury Park toward a new era. It is tremendously gratifying grat·i·fy
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.
2. to be here with them today to mark this topping out milestone at North Beach Asbury Park."
Paramount Homes, a developer of premier residential communities throughout New Jersey, also reported today that the total dollar volume of home sales at North Beach has exceeded $71.2 million. All 48 condominiums within the Barcelona building have been sold out in the pre-construction phase, and sales are moving at a brisk pace at the Seville and the Monterey. Oceanfront penthouse residences are also available, ranging in size from 1,700 square feet-plus. The penthouses at North Beach Asbury Park are priced from $1.2 million.
Paramount Homes was selected by master developer Asbury Partners and the City of Asbury Park to play a critical, integral role in one of New Jersey's most highly anticipated and highest profile redevelopment projects. By design, Paramount's new community complements its oceanfront environment with three architecturally inspiring mid-rise and high-rise buildings high-rise building
Multistory building taller than the maximum height people are willing to walk up, thus requiring vertical mechanical transportation. The introduction of safe passenger elevators made practical the erection of buildings more than four or five stories tall. . Contextually, North Beach has been crafted to "fit" with such classic Asbury Park landmarks as Convention Hall and the Paramount Theatre, as well as the Berkley-Carteret Hotel.