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For Immediate Release:
April 22, 2009

New Jersey REALTORS® Speak Out Against Asbury Park's Parking Plan

(Edison, NJ) Reacting to Asbury Park's proposal to increase parking fees and impose parking permits for permanent and seasonal residents, New Jersey Association of REALTORS® (NJAR®) Executive Vice President Jarrod C. Grasso, RCE issued the following statement:

"Asbury Park's revitalization work is beginning to payoff and shows a promising comeback for the city.  Imposing this parking proposal will delay its efforts to reestablish itself as a leading vacation destination.  It's inexplicable as to why a town that is desperately trying to attract new businesses and tourists would pursue a proposal that makes it more expensive for families to visit there.  Rather, during this difficult economic climate, municipal officials should be looking to attract visitors by positioning Asbury Park as an affordable vacation alternative."

"While NJAR® understands that municipalities across New Jersey are facing difficult budgetary circumstances, increasing parking fees and imposing a permit system for permanent and seasonal residents sends the wrong message.  Instead of pursuing this ill-advised parking ordinance, local officials should enact policies aimed at boosting the real estate and tourism industries, which will generate income for local businesses and in turn create more revenue for the city itself."  

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The New Jersey Association of REALTORS®, with approximately 50,000 REALTOR® and REALTOR-ASSOCIATE® members, is one of the largest trade organizations in the state. NJAR®'s membership is comprised of real estate professionals who subscribe to a strict Code of Ethics and are members of the national and local REALTOR® organizations. As the leading advocate for the real estate industry and private property rights in New Jersey, NJAR® is committed to protecting the dream of homeownership. For more information, please visit www.njar.com.

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