Long Branch, NJ – A developer with strong ties to the Orthodox Jewish Community is reportedly ready to invest millions of dollars into Ocean Place Resort and Conference Center. The developer, Jeffrey Fernbach, president of Fernmoor Homes of Jackson, plans on playing a major role in redeveloping the hotel and property it’s on.
Subscribe to our Daily Roundup Email
If the bankruptcy court approves the hotel’s restructuring plan, Fernmoor Homes reportedly plans to spend millions on renovating the outside of the structure and remodeling the inside starting the end of this year.
Fernbach will be providing millions over the first three years and ultimately concluding with the resort’s redevelopment, if restructuring plans receive approval by U.S. District Bankruptcy Judge Michael B. Kaplan.
“We don’t intend to exclude one over the other,” said Williams of the company’s target customer bases. “The goal is to fill the hotel.”
not sure why it has to be redone, I was there several times, place seems nice enough. I think it’s just that less people go vacationing in NJ now then a few decades ago
Good news!! Another baal zudi helping the jewish people for the right reasons.
i liked the place when we stayed there. each room had a terrace. that was a nice touch.
hate to burst bubles. i’d rather see him invest in Israel
Its so nice seeing people suggest where someone should put his money. You people are all typical libs!