Sunday, November 20, 2005

Good Luck Asbury Park

I hope Asbury Park doesn't get stuck with a whole bunch of half built condos and buildings like they seem to every decade or so. Since it looks like the bubble is bursting as we speak, I can't help but think that some parts of Asbury Park won't suffer.

"ASBURY PARK — Westminster Communities has sold 20 percent of the 91 town homes, condominium flats and duplexes now being constructed in its first building, called the St. James, next to Wesley Lake.

The company opened its new sales and design center at 600 Cookman Ave. downtown Nov. 4 but the center is open only by appointment to potential buyers from a waiting list of some 1,500 people Westminster is contacting.

There is no date yet when the sales center for the Wesley Grove project will be open to the public, a company spokesperson said last week. Prices of the homes in the St. James range from the mid-$400,000s to the low $900,000s.

As Westminster developed its project in Asbury the past two years, its president, Sam Gershwin, said that the lakeside location close to the ocean and the new downtown shops and restaurants would be a strong marketing point."



Blogger MazNJ said...

*jaw drop* Someone would pay 400k to 900k to live in Asbury Park? Did they eliminate crime and pave the streets with gold since I've been gone? Can I actually park my car there or walk down the street?

Monday, November 21, 2005 4:23:00 PM  

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