Oceanfront residential developments in Asbury Park and Long Branch are drawing pandemic-weary buyers to the shore.

The city has committed $6 million to preserve the historic pumphouse and fully fund renovations for complete public access to the 14-acre site, which dates back approximately 150 years.

“The Annual Homelessness Assessment Report to Congress shows that there were 9,662 homeless New Jerseyans before the pandemic, a number that has the potential to increase," said HUD Newark Field Office Director Justin Scheid.

CustomPictureFrames.com purchased the property to relocate and expand its operations.

Samatha DeAlmeida was elevated to the role after one year serving as the organization's second vice president and government affairs liaison.

The transaction was completed in partnership with HUD and the New Jersey Housing and Mortgage Finance Agency, and financed with Low Income Housing Tax Credits (LIHTC) arranged in partnership with PNC Bank, with additional financing provided by Citibank.

The large-scale construction project will also bring affordable housing, restaurant/event space and preschool facilities to Paterson.

The initiative makes grants up to $50,000 available to suburbs looking to redevelop, repurpose, or re-green vacant and underutilized retail or office park properties.

The family-owned and operated creamery is now open at Kingsbridge Center, which provides a central location, accessibility and proximity to local schools and sports fields making it an ideal place to serve the surrounding community.

Julia Brines will be a C-level brand ambassador for the firm, making introductions to new business prospects, investors, markets and industries.

Leasing activity was 61% lower than the 5-year quarterly average while the availability rate climbed to 23.5%.

The developer plans to renovate the property and reopen it as a bowling alley and entertainment facility.