Monday, July 18, 2005

On the Boardwalk, But Not Past Dark

Over the weekend I took a ride to Asbury to check on its revival and it was evident that some progress is being made. Although the western end of Cookman Ave. has some nice shops and places to eat, the side streets and eastern end of Cookman still need a lot of work. Also, it looks like both the north end near the beach and the south end of town on Wesley Lake, have major residential construction projects going on. Unfortunately, in between the north and south ends of town it still looks like the South Bronx circa 1979. I’m hoping that when the real estate crash comes, it doesn’t force the seemingly brave developers in Asbury to abandon their current projects. However, I can’t help but think that these projects have been partly financed with “assurances” with speculators who will run screaming from their investments once it becomes apparent they will never make a dime.

3 Comments:

Anonymous Anonymous said...

Let's hope the speculators go running BEFORE the condos start building. All we need are more steel skeletons in Asbury!

Monday, July 18, 2005 9:21:00 PM  
Blogger Little Silvered said...

The place really is a mess.

Monday, July 18, 2005 10:49:00 PM  
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Sunday, January 08, 2006 7:15:00 PM  

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