LONG BRANCH, NJ - 390 Ocean Owner LLC has closed on a capital structure in excess of $250 million for The Atlantic Club, a new oceanfront luxury condominium in Long Branch, New Jersey. The financing from Madison Realty Capital and Unity Capital, unprecedented for a residential project in the region, was arranged by Iron Hound Management Company.
The Atlantic Club is expected to welcome residents at the end of 2026. Located at 390 Ocean Avenue, the dual-tower condominium project will deliver 132 one-to-five-bedroom homes, including six penthouses, more than 75,000 square feet of indoor and outdoor amenities, and an elevated level of art and design that has changed the development paradigm for the Jersey Shore.
Owners from Stillman Development International, LLC, Surrey Equities, and Gotham City Real Estate form the ownership team of 390 Ocean Owner LLC, bringing together deep expertise with successful luxury properties in highly sought-after markets. Drawing from his own extensive art and development experience in the Northeast and Florida, Stillman Development International, LLC President Roy Stillman worked closely with world-class artists, curators, and designers to deliver an unparalleled concept to the Shore with The Atlantic Club.
“The closing of this capital structure represents a deep validation of the vision, artistic merit, and execution capabilities of the development team. This project will set the new standard for excellence for all development work in the region, now and into the future,” said Roy Stillman, President of Stillman Development International, LLC. “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.”
The Atlantic Club’s homes will range from 993 to 4,246 square feet, boasting spacious, sun-lit layouts with grand balconies and terraces, and many offering unobstructed views of the Atlantic Ocean. Each residence will house high ceilings, oak-style flooring, recessed lighting, Sub-Zero and Wolf appliances, and expansive windows inviting the oceanscape inside. The bathrooms are similarly well-appointed, featuring custom vanities with Watermark polished chrome fittings and accessories, Kohler fixtures, and floors and showers clad in imported, large-format porcelain tiles.
“As the exclusive marketing and sales broker for The Atlantic Club, we are thrilled about this significant milestone for the project,” says Sonja Cullaro, Executive Vice President, 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.”
The turn-key resort-style living experience at The Atlantic Club is reflected by its robust amenity collection focused on wellness and entertaining consisting of a stunning waterfront pool; private party room and ground lounge; Level 3 EV-charging infrastructure and dedicated spaces; a fitness center with dedicated studios for spinning, cardio, yoga, and weight training; a full business center; a game room with billiards and poker; a dedicated virtual reality room and sports simulator; a cinema; a pet spa; a music practice room; and a charming children’s playroom.
The Atlantic Club will deliver luxury and design that meet or exceed the highest international standards, including art curated by Cristina Grajales, owner of the famed Cristina Grajales Gallery in TriBeCa, to create a gallery aesthetic throughout the condominium. Grajales also engaged Christophe Côme, a renowned French glass sculptor, and the Hechizoo atelier’s Jorge Lizarazo, one of the world’s leading textile and tapestry artists, both of whose work are featured in Chanel stores around the world, to create new works commissioned specifically for the project.
The Iron Hound Management Company team representing the borrower included Robert Verrone, Rich Cooney, and Anthony D’Amelio.
The Atlantic Club is being marketed and sold exclusively by Christie’s International Real Estate Group in New Jersey and New York.
About 390 Ocean Owner LLC: Owners from Stillman Development International, LLC, Surrey Equities, LLC, and Gotham City Real Estate Services have joined forces to bring The Atlantic Club at 390 Ocean Avenue in Long Branch, New Jersey to fruition. With more than 95 years of combined experience in real estate development, construction, and financing, the team brings a depth of knowledge and a multifaceted approach to successful luxury properties in highly sought-after markets. With The Atlantic Club, the owners will bring a new level of luxury and investment potential to the Jersey Shore community.
About CHRISTIE’S INTERNATIONAL REAL ESTATE GROUP: With more than 1,000 associates and 30 offices, Christie’s International Real Estate Group is the exclusive affiliate of Christie’s International Real Estate serving clients in New York, New Jersey and Connecticut. The company’s flagship office is located at 1 Rockefeller Plaza in Manhattan, just steps away from Christie’s Auction House. Christie’s International Real Estate maintains a close relationship with Christie’s, creating unique marketing opportunities and synergies between the worlds of high-end real estate, art and luxury goods. Christie’s International Real Estate Group is globally connected through the Christie’s International Real Estate network across 50 countries with annual sales of more than $100 billion.