Plans for The Atlantic Club at 390 Ocean Ave. in Long Branch call for a mix of one- to five-bedroom condominiums ranging from 993 to 4,246 square feet and more than 75,000 square feet of indoor and outdoor amenity spaces. — Renderings by Shore Point Architecture/Courtesy: 390 Ocean Owner LLC
By Joshua Burd
A development team has secured more than $250 million in financing for a plan to bring 132 lavish condominiums to the Atlantic Ocean shoreline in Long Branch.
According to 390 Ocean Owner LLC, the joint venture behind the project, Madison Realty Capital and Unity Capital are providing the funds for what will be known as The Atlantic Club. It’s a key step for a development that’s slated to welcome its first residents in late 2026, with plans calling for two towers at 390 Ocean Ave. and floorplans ranging from one to five bedrooms, plus more than 75,000 square feet of indoor and outdoor amenity space.
Robert Verrone, Rich Cooney and Anthony D’Amelio of Iron Hound Management Co. arranged the capital structure on behalf of the ownership team, which includes Stillman Development International LLC, Surrey Equities and Gotham City Real Estate.
“The closing of this capital structure represents a deep validation of the vision, artistic merit and execution capabilities of the development team,” said Roy Stillman, president of Stillman Development International. “This project will set the new standard for excellence for all development work in the region, now and into the future. There is an untapped demand for a world-class condominium experience here on the Jersey Shore and the project’s sales velocity bears this out.”
Designed by Shore Point Architecture, The Atlantic Club will have high-end condos ranging from 993 to 4,246 square feet, including six penthouses, with many offering unobstructed views of the Atlantic Ocean, according to a news release. Amenities will include a waterfront pool, a private party room and ground lounge, electric vehicle chargers and a fitness center with dedicated studios for spinning, cardio, yoga and weight training, among many others.
The developers have also focused on art and culture as a central piece of the project. Cristina Grajales, owner of the Cristina Grajales Gallery in Manhattan’s TriBeCa neighborhood, is serving as curator and has engaged the renowned French glass sculptor Christophe Côme and Hechizoo’s Jorge Lizarazo, one of the world’s leading textile and tapestry artists, to create new works commissioned specifically for The Atlantic Club.
“As the exclusive marketing and sales broker for The Atlantic Club, we are thrilled about this significant milestone for the project,” said Sonja Cullaro, executive vice president with Christie’s International Real Estate Group. “This highly anticipated project is set to redefine oceanfront living in Long Branch, showcasing the transformative potential of this prime location and offering future residents a unique blend of luxury, convenience and modernity.”
Stillman breaks ground on 132-unit oceanfront condo project in Long Branch
