ROI Influencers: Real Estate 2022
Jay Sugarman; Brian Cheripka
CEO; Senior vice president
iStar
The developer that transformed a large stretch of the Asbury Park oceanfront this year unveiled new plans that will bring another 270 luxury townhomes and condominiums to the city. Jay Sugarman isn’t doing it alone this time around; instead, he plans to partner with several well-known builders to advance the next phase of its plans in the iconic Jersey Shore town. That includes 48 townhomes under construction by K. Hovnanian Homes, as well as a planned collection of 62 residences by Toll Bros. and 160 condominiums proposed by Somerset Development.
A look at the honorees:
