Inspired by Somerset Development Commences Construction on NJ Mixed-Use Property
Inspired by Somerset Development, a real estate developer, has started construction on a three-story, 22-unit mixed-use multifamily development on the site of the former Inkwell Coffee House in downtown Long Branch, New Jersey.
The property will feature a mix of one- and two-bedroom market-rate apartments with private balconies, as well as 800 square feet of street-level retail, an indoor parking garage with electric vehicle charging stations, and a private roof deck for residents. The development is expected to be complete by the summer of 2024. The property was acquired from Inkwell Coffee House’s longtime owner, Anthony Esposito.
“We recognize this site’s storied history as a local landmark for Long Branch and the Jersey Shore, and are working carefully with the township and community members to ensure we honor its past while we work toward a new and successful future,” said Ralph Zucker, CEO and Founder of Inspired by Somerset Development.
Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money.
With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.