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Waterfront Development: Housing, Hospitality & Mixed‑Use

Examining the development strategies transforming New Jersey's most sought-after coastal markets

Roy Stillman

Roy Stillman

President

Stillman Development International

Michael Sommer

Michael Sommer

Chief Development Officer

Kushner

Michele Alonso

Michele Alonso

Director Planning & Redevelopment

City of Asbury Park

David Minno

David Minno

Founding Principal

MINNO & WASKO

Todd Katz

Todd Katz

Principal

The Katz Team at Douglas Elliman

Eric Ballou

Eric Ballou

Partner

InSite Engineering

Michael Borodinsky
Moderator

Michael Borodinsky

Mortgage Lending Executive

Loandepot

Roy Stillman

President

Stillman Development International

Roy Stillman worked in his family’s development business for approximately 15 years before starting his own firm, Stillman Development International, LLC. The firm’s mission is to design and build structures of superior architectural and artistic merit. In fulfilling that mission, Stillman Development International has worked with some of the world’s leading architectural firms, including two Pritzker Prize winning architects.

Roy’s academic background was similarly channeled to benefit his aspiration of becoming a real estate developer. Having earned his Bachelor of Science in Industrial and Labor Relations from Cornell University in 1985, Roy subsequently received his Juris Doctor from Duke University’s School of Law. While at Duke, Roy audited all of Duke’s Faqua School of Business real estate classes as a non-matriculated student, continuing to pursue his passion as a post-graduate student. After completing his studies at Duke in 1988, Roy passed the Bar exams for both the state of New York and Connecticut.

Michael Sommer

Chief Development Officer

Kushner

Michael Sommer is Chief Development Officer at Kushner. In this role, Sommer oversees development and construction efforts throughout the Kushner portfolio. During his 25 years of real estate experience, Sommer has developed in excess of 8 million square feet of residential, retail and office assets. Most notably, Sommer has managed the development of 4,000+ residential units in New Jersey.

Prior to Kushner, Sommer was Senior Vice President of Development and Construction at Cedar Realty Trust, a NYSE listed retail REIT with a portfolio spanning from Washington, D.C. to Boston. Before Cedar, Sommer was Executive Vice President of Development at Edison Properties where he led the redevelopment of the award winning Ironside Newark in Newark, New Jersey. Sommer also served as Managing Director of Development at Advance Realty after having started his career at Premier Development.

Sommer earned an MBA from the Leonard N. Stern School of Business at New York University and a Bachelor of Arts degree in Economics and Business from Lafayette College.

David Minno

Founding Principal

MINNO & WASKO

Mr. Minno is a Founding Principal in MINNO & WASKO Architects and Planners. Mr.

Minno specializes in private sector, large mixed-use redevelopment including TOD’s and

projects that have significant residential components. Many of his projects reflect client

relationships that span more than fifteen years, including Russo Development, RXR, The

Bozzuto Group, BNE, and Mill Creek Residential.

MINNO & WASKO currently are working on sustainable, redevelopment projects in the

following cities: Jersey City, Hoboken, Stamford, Morristown, Somerville, Park Ridge, Asbury

Park, Bayonne and Harrison. Most of these commissions were obtained by partnering with

project developers and competing for RFP-based sites.

Mr. Minno has deep experience in obtaining regulatory approvals for large scale development

and becomes involved in the architectural design of a project at the early stages of a concept.

MINNO & WASKO offer their clients, quality design, cost-effective detailing and timely

services. The firm has a staff of over 85 professionals, who are experienced in all forms of

residential and light-frame commercial construction with offices in Lambertville and Newark,

New Jersey.

Mr. Minno has his Masters of Architecture degree from the University of Pennsylvania and a

Masters of Business Administration from the Wharton School. He is active in many professional

groups including the Urban Land Institute and The Congress for New Urbanism. He has

volunteered his professional services to Habitat for Humanity. He is currently the Chairman of the

Board of Fisherman’s Mark.

Todd Katz

Principal

The Katz Team at Douglas Elliman

Todd Katz is an accomplished Realtor with over 35 years of

experience, Todd has been representing buyers and sellers in

the real estate market since graduating from Emory University

in 1987. His dedication, expertise, and commitment to

excellence have earned him a solid reputation in the industry.

Todd’s diverse background in his family’s retail business and

real estate holdings gives a unique perspective to his real

estate practice. His strong negotiation skills and attention

to detail ensure that his clients receive exceptional service

throughout the entire transaction process.

Having grown up in Long Branch and Rumson, NJ Todd

has an intimate knowledge of the local market and a deep

appreciation for the community. He takes pride in helping

clients navigate the complexities of the real estate market,

whether they are small business owners, seasoned investors,

builders or land developers. Being Residential Construction

Certified and a Certified New Home Specialist, he has gained

respect with local builders where he often helps clients talk

through design plans and is well-versed with new construction

and development. He is extremely passionate about helping

you make one of the most important decisions in your life –

purchasing or selling your home, land or business. Todd’s

natural networking abilities also position him well to form

strategic partnerships across the real estate industry.

Beyond his professional achievements, Todd finds solace and

inspiration in his family and community. He resides in Ocean

Twp NJ with his wife and fellow real estate agent, Chris Katz,

and their 4 daughters. Todd’s philosophy is rooted in respect

and service. His guiding principle is straightforward in his life

and business dealings: “We get what we give.” He prioritizes

his time on giving back to the community and supporting

causes close to his heart through volunteering. He works

closely with many charitable organizations, including

RWJ Barnabas Medical Center, Long Branch Chamber of

Commerce, Jewish Federation, NJ Repertory Company

and the National Historic Registry’s Church of The Seven

Presidents.

With a passion for real estate and a commitment to

delivering exceptional results, Todd Katz is your trusted

guide in achieving your real estate goals. Connect with him

today to make your real estate dreams a reality.

Eric Ballou

Partner

InSite Engineering

Eric R. Ballou, PE, has been responsible for overseeing and completing land development, site

engineering, permitting, and design approvals for residential, commercial, mixed-use, healthcare,

industrial, hospitality, and recreational site development projects since 1995. His career has

focused on providing project management for site consulting services, particularly for urban

revitalization projects along the New Jersey coastline and in inland areas. His attention to detail,

combined with the ability to understand and address complex site constraints, makes him a

valuable asset in the revitalization of existing properties. Eric’s deep respect for and understanding

of other project team members—such as architects, landscape architects, traffic engineers, and

environmental engineers—fosters active collaboration, ensuring the delivery of the best possible

product to meet client development goals.

Michael Borodinsky

Moderator

Loandepot

With over 40 years of experience in the mortgage industry, Michael Borodinsky is committed to providing ideal financing options to homebuyers and homeowners in the Tri-State Area. The Michael Borodinsky Team believes in making customer service its number one priority. Customer service means fast responses, taking the time to explain different financing options, and being the most educated mortgage banker in the industry. All of these services are provided at a competitive price.

Michael graduated from The University of Delaware with a degree in Finance and Economics and has lived in the Tri-State Area all of his life. He entered the mortgage industry straight out of college in 1983 and has built an extensive network of clientele and referral sources. His professional activities and affiliation include membership in the New Jersey Builders Association. When not helping customers with their home loans, he enjoys spending time with his wife and three sons.

Michael has funded over $5B in individual home loans to over 15,000 homeowners in the past 40 years and continues to specialize in the new home and condominium projects niche. He can offer unique programs to accommodate this marketplace segment, including 12-month rate protection plans and waived condominium presale requirements.

Aligning the Deal and Build: Connecting Capital, Design & Construction Execution

Examining how capital, design, and construction teams are executing on the Jersey Shore

Brian Cheripka

Brian Cheripka

Principal

Starfield Companies

Carey Tajfel

Carey Tajfel

President

TFE Properties

Matt Errico

Matt Errico

VP, Acquisitions

Toll Brothers

Stephen Carlidge

Stephen Carlidge

President

Shore Point Architecture

Kate Gibbs

Kate Gibbs

Deputy Director

ELEC825

Matt Errico

VP, Acquisitions

Toll Brothers

Matt Errico joined the Toll Brothers in 2015 in the acquisition department for the New Jersey Division. Throughout his time with the company, he has been involved in the acquisition and entitlement of over 50 future communities generating over $2 billion in revenue and 2,500 new homes. Matt also assists in new market expansion, helping the company enter Long Island, Atlanta and Nashville. Prior to joining Toll Brothers, Matt worked on Wall Street in Equity Research for D.A. Davidson.

He earned a B.S. in Finance from the University of South Florida, graduating with honors. He was an active member of the school’s Business Community and the Universities’ student managed investment fund and stays involved offering career advice and mentorship to current students.

Stephen Carlidge

President

Shore Point Architecture

Mr. Carlidge is President of Shore Point Architecture, P.A. and founded the company in 2001.

He has 45 years of professional experience spanning a wide range of project types including

residential, commercial, institutional and mixed-use buildings. As founder and principal of Shore

Point Architecture, P.A., Mr. Carlidge has concentrated his design efforts on mixed-use projects,

educational facilities and luxury residential developments and balanced this with a significant

concentration on affordable housing.

In recent years, Mr. Carlidge has been involved in the design and development of several

oceanfront mid-rise (6-10 stories) luxury residential projects in Long Branch, New Jersey. These

include South Beach at Long Branch, The Lofts at Pier Village and most recently, the Atlantic

Club, a 132-unit, multi-tower development featuring two residential towers over a three-story

underground parking garage. Mr. Carlidge has also been directly involved in a large mixed-use

project on the oceanfront in the national historic district of Ocean Grove. This project is

extremely unique in that it features a six-story hotel, two 4 story luxury residential buildings,

boardwalk retail and single-family homes all sitting atop and underground parking deck.

Prior to founding Shore Point Architecture, Mr. Carlidge was a Principal at Vitetta, a large multidisciplined A/E firm based in Philadelphia with satellite offices in seven states. At Vitetta, Mr.

Carlidge directed the firm’s Educational Studio executing projects valued at nearly $900M

across the country. He also directed the firm’s Sports Facilities Studio where he was responsible

for projects including the Liacouras Center at Temple University, a 10,000 seat multi-purpose

arena and the Sun Bank Arena (now the CURE Arena), a 12,000-seat hockey arena in Trenton,

New Jersey. Prior to his tenure at Vitetta, Mr. Carlidge practiced at GRAD (formerly the Grad

Partnership) in Newark, NJ where he was responsible for numerous projects including high-rises,

office buildings, research laboratories and residential work.

Kate Gibbs

Deputy Director

ELEC825

Kate Gibbs serves as Deputy Director of the Engineers Labor-Employer Cooperative (ELEC 825), where she leads business development efforts to expand work opportunities for Local 825 Operating Engineers and their signatory contractors. She focuses on advancing infrastructure investment and economic development initiatives that drive job growth across New Jersey.

Gibbs brings a background spanning government, politics, and organizational leadership. She has built a track record of delivering results through strategic advocacy, coalition building, government relations, and communications.

In November of 2015, Gibbs was elected to the Burlington County Board of Freeholders, becoming the youngest woman in New Jersey to be elected to countywide office. During her first two years in office, Gibbs served as Deputy Director before being elected in January of 2018, in a unanimous and bipartisan vote of her peers, to serve as Freeholder Director.

Gibbs has also served on the Board of Trustees for Rowan College at Burlington County, supporting workforce development programs and institutional partnerships with Rowan University.

She remains active with business and industry organizations across New Jersey.

Gibbs holds an MBA in Finance from Drexel University’s LeBow College of Business and a B.A. from American University in Public Communications and Political Science.

Why You Should Attend This 2026 New Jersey Asbury Park & Long Branch Event

What You'll Learn:

  • How are developers balancing luxury for-sale product with workforce and affordable housing across Asbury Park and Long Branch?

  • What role are PILOT programs and redevelopment designations playing in making coastal projects financially viable for developers and municipalities?

  • With Jersey Shore home values up 49.1% over five years, what's sustaining demand, and what are the risks ahead? 

  • How are developers structuring capital stacks for large coastal projects as construction costs rise and rate volatility persists?

  • What types of investors are entering the Asbury Park Opportunity Zone and how is that capital reshaping the development landscape?

  • How do Asbury Park's height restrictions and Long Branch's high-rise waterfront create two distinct markets for developers and capital?

  • As hospitality and mixed-use projects multiply, how is the Shore's year-round economy evolving beyond its seasonal roots?

  • Monmouth County has just 2.6 months of housing supply. How are local governments and developers responding to persistent inventory shortfalls? 

  • How are coastal permitting requirements and flood resilience standards reshaping construction budgets and timelines for Shore-market developers?

  • As hospitality and mixed-use projects multiply, how is the Shore's year-round economy evolving beyond its seasonal roots?

How you'll do more business:

Hear from developers, investors, builders, city officials and capital providers on the future of development and investment activity in New Jersey. Furthermore, learn how the industry is increasing housing supply, prioritizing affordability as well as attracting and keeping investment in the state vs. other competing markets. 

Who attends:

Investors, owners, developers, architects, general contractors, engineers, lenders, brokers, lawyers, city officials, housing advocates, consultants, property managers and more! 

Why should you attend:

Bisnow events bring together the biggest power players in the industry to help you identify opportunities, build your network, and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than us.

For questions, recommendations, comments, or press inquiries please email our Northeast Event Producer at joshua.piquion@bisnow.com

To request disability-related accommodations, please contact mackenzie.kunkle@bisnow.com no later than seven business days prior to the event.

Venue

Sheraton Eatontown Hotel
6 Industrial Wy E
Eatontown, NJ 07724


On-site parking lot available.

Get Directions

Agenda

Time Activity
8:30 AM
9:30 AM
Coffee, Breakfast & Networking
9:30 AM
10:15 AM
Waterfront Development: Housing, Hospitality & Mixed-Use

1.) Assess the growing demand for year-round residential product versus seasonal hospitality-oriented development, and how developers are balancing both.
2.) Examine the development pipelines shaping Asbury Park and Long Branch, from luxury condominiums to affordable mixed-use redevelopment.

10:15 AM
11:00 AM
Aligning the Deal and Build: Connecting Capital, Design & Construction Execution

1.) Examine how rising construction costs along the Shore are influencing what gets designed, what gets value-engineered and where lenders draw the line on project feasibility.
2.) Explore how developers are aligning capital partners, architects and general contractors earlier in the process to reduce risk and keep projects on schedule.

11:00 AM
11:30 AM
Post Event Networking

Tickets

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