6B — March 25 - April 14, 2016 — Owners, Developers & Managers — M id A tlantic

Real Estate Journal


O wners , D evelopers & M anagers Richard Kelin Esq. represents seller in the transaction

DeGennaro of Gerber/Somma Associates closes 24 unit apartment complex sale in Asbury Park, NJ


conies with Atlantic Ocean views and onsite parking are included. The property is located in the upcoming area of Asbury Park, just two blocks from the Boardwalk and where several new developments have taken off! DeGennaro stated that the buyer who is new to Gerber/Somma As- sociates Inc., proved to be a closer. He was represented by Craig Spector Esq. of Ridgewood, NJ. The seller, a longtime owner from Lake- wood NJ, was represented by Richard Kelin Esq. of Livingston NJ. n CopeLinderArchts. transforms top 10 floors of Two Liberty Place Philadelphia, PA — Cope Linder Architects transformed the top ten floors of Two Liberty Place to accom- modate 59 luxury condos. The architectural solution maxi- mizes views from Philadel- phia’s third-tallest skyscraper with floor-to-ceiling corner windows in every living room and dramatic angled windows on upper floors. Interiors fea- ture open floor plans with finishes selected to be both modern and timeless - sleek marble, rich woods, custom cabinetry, and high-end ap- pliances. The project includes a refreshed lobby and the amenity-rich Sky Club luxury social space, consisting of a club room, conference center, billiards room, fitness center, endless pool, massage rooms, and a yoga room. Two Liberty Place is a defining tower in Philadel- phia’s skyline, built in 1990 as the sister to One Liberty Place. Both were designed by Helmut Jahn of Murphy/ Jahn Architects as specula- tive office space with an en- closed two-level shopping mall linking the buildings. iStar Financial acquired the top ten floors of Two Liberty Place in 2012, subsequently partnering with Dranoff Properties to develop the new condos. n

sbury Park, NJ — Gerber/Somma Associates Inc. an-

nounced that V i t o D e - Genna r o , VP-CIO has sold the 24 unit apart- ment com- plex located at 211 1st Ave. Asbury Park.

Vito DeGennaro

Located two blocks from the Ocean, the property con- sists of 24 apartments which include studio, one-bedroom and two-bedroom units. Bal-

211 1st Ave.

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