Reinforced concrete structural columns at a construction site where worked had been stopped due to the current economic slowdown. Reinforced concrete structural columns at a construction site where worked had been stopped due to the current economic slowdown The site is the proposed Esperanza high rise site on the Asbury Park waterfront that went into foreclosure in December 2007 The site was recently purchased in September 2011 by Asbury Partners, the city´s waterfront developer Asbury Park,