ASBURY PARK, NJ—If development plans announced recently by iStar move forward,  Asbury Park, NJ is finally looking at a major redevelopment of its long-neglected beachfront. 

iStar, a real-estate investment company with Asbury Park roots, announced plans for more than 20 individual projects in the faded seaside resort that would transform a 1.25-mile stretch of Asbury Park waterfront with carefully curated residential, hotel, and infrastructure projects. 

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