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I live just a few miles from Asbury Park, N.J., a seaside community once famed as a top spot of the Jersey Shore. After WWII the city fell on hard times and stayed there, and it only became a nice place to visit again thanks to a large urban renewal project that has been under way for the last few years to bulldoze derelict buildings, refurbish historic landmarks and encourage new businesses to set up shop.

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