Setting new heights – The successful development of Monroe brought in an unparalleled level of design and architecture to Asbury Park. The 34-unit condominium project, under the creative direction of Anda Andrei (11 Howard, Royalton, Gramercy Park Hotel, Delano), and world-renowned architect Chad Oppenheim (Ten Museum Park in Miami; Net Metropolis in Manila, Philippines; Enea Headquarters in Rapperswil-Jona), was completed in June 2017. Interior Design took note of the project, saying, “[Monroe] sits a few blocks from the beach, offering easy access to the neighborhood’s newly revived music and restaurant-driven culture.”

Like all of the development projects that have come online since iStar assumed the role of Master Developer of the waterfront, Monroe positively contributes to the local economy by bringing in $230,000 annually in property taxes.