Last year at this time nobody would have believed the changes that Asbury Park would be undertaking throughout 2015. Over the past year we have seen non-stop construction on the new Stonehill & Taylor 5th Avenue hotel, the rapid sales of Hovnanian's Grand Avenue townhouse development, approvals and the start of construction on The Monroe, and of course the approval of iStar's stunning new sixteen story tower which is now under way at 1101 Ocean Avenue.

With the number of visitors and new businesses continuing to increase, property values continuing to rise, and more homes being rehabilitated, Asbury Park is a more exciting destination than ever.

Lastly, in October, 2015, Vail Realty fully transitioned to become a Berkshire Hathaway HomeServices franchise. This is a process that was started over a year ago and we are very excited to be affiliated with our new partner. We still have the same great agents and owners, but can now provide the power of nationwide branding from a company whose name is synonymous with quality and success.

There is no doubt that 2016 will be a year of continued growth and improvements throughout the city. With iStar Inc and Madison Marquette steering the ship, and smaller private developments moving forward, great things will be coming our way for years to come.