Greetings From the $6 Million Penthouses of Asbury Park

  • Where others failed, iStar says it can bring back Jersey town
  • Springsteen rocks house as $6 million penthouses go on sale
Photographer: Found Image Holdings Inc/Corbis Historical
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Bruce Springsteen defined Asbury Park as a working-class crucible in the imaginations of millions of fans. Now a real estate developer is hoping the rock star can attract attention to its luxury condo project on the Jersey shore.

Springsteen performed Monday night at Asbury Lanes, a bowling alley and music venue recently reopened by the commercial real estate lender and developer iStar Inc. “I walk down the boardwalk now, I feel like the Ghost of Christmas Past,” he told a cheering crowd that included New Jersey Governor Phil Murphy. “But that’s OK, because it’s fun to watch Asbury’s future unfold in front of me.”