Historic YMCA Building for Sale in Partnership Between Agencies

Asbury Park, NJ, November 09, 2013 --(PR.com)-- Two powerhouse real estate agencies have joined forces to market a historic building in Asbury Park. The former YMCA building, bought last year by restaurateur John McGillion, is back on the market and represented by Marianne Schell of Vail Realty and Samuel Boyd of the John C. Conover Agency. Both agents are experts in commercial real estate and negotiation, having worked together on the previous sale of the former YMCA building and the initial listing stage of the Griffin. Their combined gross sales for commercial property for the last five years is a whopping $13,295,211. These two agents know what they’re doing.

Marianne Schell is a seasoned professional in the world of commercial real estate. Schell has been a licensed real estate agent for over 20 years. Recent commercial transactions include the sale of a 16,000 sf refrigeration warehouse to a classic car club, the sale of the Market in the Middle restaurant to Toast Asbury Park, and multifamily and mixed use buildings. Schell was responsible for many retail and office leases in the central business district representing both landlords and tenants. “I’ve enjoyed working with Marianne in the past and I’m looking forward to combining our efforts on the YMCA building. She’s a very talented and committed agent,” Anthony Newarski, President of business operations and co-owner of Conover, says. "I've worked with Marianne for years and have always been impressed with her professionalism and knowledge. I’m confident that she and Sammy are going to help find just the right developer to make this unique building a destination that will attract people from all over to our little city by the sea."

Samuel Boyd is one of Conover’s total heavy-hitters. Boyd has been a realtor for over 15 years and with the Conover Agency for 12 years. In that time, he has brokered some of the Jersey Shore’s biggest and most exciting properties, including the blu, the Griffin, Asbury Lanes, and Imperial Gardens. “Sammy's wealth of knowledge and tremendous personality has made him a preeminent agent for high-end commercial and residential properties,” says Greg Demaras, broker and co-owner of the John C. Conover Agency. “His relationships with national and local investors, as well as brokers, municipalities, and vendors is a tremendous asset to all of our clients.” Jack Conover, who is the most recent in a long line of Conovers to helm the agency, adds his thoughts: “Sammy is a character, and he’s a good guy. He treats all of his clients like family, which I think is part of why they’re so loyal to him. That and the fact that the guy knows his stuff, of course.”

The former YMCA building, completed in 1929, has played a significant historic role in the city’s civic development. In 1941 it was leased to the United States Government as part of wartime expansion along with Convention Hall and the Santander. Classes were held in its gymnasium and was also the site of the Eastern Signal Corps School Enlisted department. The original athletic facilities are still in place, with two gymnasiums with original glazed tile, handball court, and swimming pool. It also boasts a magnificent atrium, with carved woodwork, brick fireplaces, and marble staircase. This historic building is listed at $2,795,000. For more information contact Marianne Schell at 732-859-5780 or Sammy Boyd at 732-890-6547.
The John C. Conover Agency
Heather Jensen