Services

Development

Sitar’s Brokerage and Development Divisions have been responsible for the development of hundreds of millions of dollars of properties throughout New Jersey. The firm is known for its high quality projects that are architecturally significant through the use of quality materials and unique design features. The company’s goal is to acquire and develop sites that will provide economic gain for both the community and the company. Indicative of the company’s commitment to communities is the purchase of the original ferris wheel and carousel that were located in the Palace in Asbury Park, New Jersey. The company has returned the ferris wheel to its original home and its intent is to restore the carousel built in 1896 and place it back in operation.

Through the company’s extensive knowledge of the New Jersey real estate market, Sitar has been able to determine the best facility for the location in question. Sitar has developed and managed a wide range of building types throughout New Jersey and Pennsylvania including office buildings, retail centers, a golf center and numerous residential units. Sitar, as part of its ongoing development activities, is in the process of developing its extensive holdings of land in Monmouth County.