Post Property Description
Rod’s Little Cousin “Frankie’s” Sold POINT PLEASANT BEACH: One year after Bielat Santore & Company sold, Rod’s Olde Irish Tavern in Sea Girt, New Jersey to Chefs International, they followed it up by selling Rod’s “Little Cousin” Frankie’s to Chefs as well. Although rumors of the sale ran rapid as autumn approached, the official closing on…
Diner Bob Sells Another NJ Diner WRIGHTSTOWN, NJ: The Garden State Diner, a family owned and operated Diner since 1985, has been sold according to “Diner Bob” Gillis, Bielat Santore & Company, Allenhurst, New Jersey, the sales agent for the transaction. The new proprietor is a local businessman, a well-known Halal meat processor and distributor…
Lory’s Lakeside Still in the Neighborhood NORTH BRUNSWICK: For nearly 30 years the lakeside tavern more commonly known as Lory’s Lakeside had been owned and operated by its sole proprietor, Todd Lory. In December of 2019, Mr Lory passed away suddenly, and afterward, the property and business were being managed by his estate. In July…
TORNADO OR NO TORNADO – SIMKO’S SELLS NEPTUNE: On March 28th, two days after owner Mike Simko signed a contract to sell his restaurant located at 1311 Highway 35, Neptune, Monmouth County, New Jersey, “straight-line winds” of around 70 mph ripped through his neighborhood leaving scattered debris, downed utility poles and wires, and damaged vehicles…
It Was a Sitting Duck For MJ’s #7 LONG BRANCH: Even amid of all the challenges the coronavirus has beset upon the restaurant and hospitality industry, central New Jersey’s fastest growing restaurant company, MJ’s, has just purchased their seventh restaurant. This one was a “sitting duck” for them, located smack in the heart of Long…
Rumson Landmark Restaurant Sold RUMSON: At Ridge Road and Avenue of Two Rivers, the elegant Victorian building that was long home to the legendary French restaurant the Fromagerie and more recently, the Rumson House has been sold to a New Jersey real estate investor, as part of a 1031 real estate exchange, reports Richard Santore…
Medical Clinic Acquires Family Restaurant OAKLAND: After nearly 50 years in business, Luca Trattoria, located at 20 West Oakland Avenue, Oakland, Bergen County, New Jersey has been sold. The decision to sell was not made casually by former owners, Luigi (Luca) Testino and his wife Elizabeth, who created memories for their family and the community…
B2 Bistro Adds Number 5 TOMS RIVER: B2 Bistro + Bar has acquired its fifth restaurant with the acquisition of the Tuscan House located at 120 Hooper Avenue, Toms River, Ocean County, New Jersey, directly across from the Ocean County Mall, according to Barry Bielat of Bielat Santore & Company, Allenhurst, New Jersey, the broker…
Uptown Downtown All Around the Town RED BANK: For nearly three decades music spilled out of the gaping front windows of the Downtown, nestled at the corner of Broad and West Front Street in the heart of Red Bank’s commercial district. One could wind through the exposed-brick dining room, around the large oval bar, past…
Turning the Page on Restaurants ASBURY PARK: Several restaurant and bar operators have taken a stab at location: 649 Mattison Avenue. The former bank building was initially opened as the “Mattison Park Martini Bar.” Under-capitalized – short-lived – shut down leaving the vault empty. Then the Pope came to town; the “Trinity and the Pope”…