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Asbury Park Waterfront

After a colorful history and a checkered past, Asbury Park, NJ is finally looking at a brilliant future. A multi-billion dollar redevelopment plan announced today will transform a 1.25-mile stretch of Asbury Park waterfront with carefully curated residential, hotel, and infrastructure projects. iStar (NYSE: STAR), the visionary real-estate investment company whose roots in Asbury Park stretch back a decade, is leading the revitalization, which involves more than 20 individual projects. Ten years in the making, the plan represents one of the most significant redevelopments ever undertaken on the Eastern Seaboard, and one of the nation’s most ambitious urban-revival initiatives. To view the Multimedia release visit: http://www.multivu.com/players/English/7578751-istar-asbury-park-redevelopment/

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