Former butcher returns to roots ‘down the shore’

Geldzahler and his partners own a section of this block on Cookman 
Avenue in downtown Asbury Park, where fashionable shops and restaurants 
have opened.

Geldzahler and his partners own a section of this block on Cookman 
Avenue in downtown Asbury Park, where fashionable shops and restaurants 
have opened.

Photos by Johanna Ginsberg

by <mailto:[EMAIL PROTECTED]>Johanna Ginsberg 
<mailto:[EMAIL PROTECTED]>
NJJN Staff Writer

MJuly 3, 2008

When Ivan Geldzahler was a little boy, he remembers the Jersey Shore 
town as “the cat’s meow. It was Asbury Park’s glory days,” he said.

Geldzahler, 56, and the original owner of Zayda’s kosher deli and 
butcher shop in South Orange, is betting that the once sparkling seaside 
resort town that for years has been beset by urban blight is about to 
make a comeback. “We’ve invested everything in real estate here,” he 
said, in a recent interview with /NJJN/ in his office on Cookman Street 
in the town.

It isn’t the first time a renaissance has been promised in Asbury Park. 
Though experience has created skeptics when it comes to the most recent 
development plans, Geldzahler, who grew up in nearby Bradley Beach, 
where his father had a kosher butcher shop, remains the ultimate 
optimist. He is certain this time it will be a success.

To hear him tell it, you’d think the Esperanza — the luxury apartment 
complex that has become the ultimate symbol of the stalled rejuvenation 
of Asbury Park — had turned into Trump Tower overnight.

Confronted with the bleak half-built shell of the complex in the middle 
of what he calls a “show me” tour, Geldzahler waves his hand. “Oh, 
everyone says, what about the Esperanza? I tell them, when was the last 
time you’ve been to Asbury Park? Come and see it for yourself.”

Geldzahler relishes every aspect of the Jersey shore; he bikes from town 
to town, he loves to fish from his favorite jetty, and he seems to know 
everyone in Asbury. Whoever passes by shouts hello and gets in return a 
kind word, a slap on the back, a wry reference, or a friendly hello 
right back from Ivan.

He has felt at home at the shore since he was a kid, and he remembers 
his father’s kosher butcher shops — in Irvington and Linden but also in 
Bradley Beach, where he was born. His birthplace was, in those years, a 
haven for Jews from northern New Jersey as well as from Brooklyn.

Geldzahler reminisced about walking down the beach and knowing everyone 
there. “It was a great feeling,” he said. And he recalled his father as 
a “great businessman.” “He put up a big sign on his little kosher 
butcher shop: ‘We barbecue chickens free.’ Everybody’s mother would come 
by, buy a chicken,” he said.

NJJN photo 2

The Casino is still just a shell, the carousel and the Funhouse are 
gone, but Ivan Geldzahler, who grew up in Bradley Beach, believes a 
bright future for Asbury Park is just around the corner, and he has 
invested heavily in the shore town. He points to plenty of construction 
on the boardwalk to back up his optimism. Here, an upscale Italian 
restaurant will open.

After they were cooked, the butcher’s son delivered them to the town’s 
beaches on his bicycle. “So all the ladies knew me. I was a 
goofy-looking kid. I got 25 cents from everybody. I wasn’t making big 
bucks, but I was famous because I was the

chicken boy,” he said. “When you go back there [today], it’s something 
that’s lost.

“We were poor but I always felt rich at the Jersey Shore.”

When he turned to selling real estate to make a living, the first place 
he looked to was the place he knew best. “I figured I’d find something 
in Bradley Beach or Ocean Grove

to flip,” he said, when he went down the shore to explore his options 
three or four years ago.

But he was surprised at the prices, which he called “untouchable. A 
quarter-acre knockdown near the beach was $800,000,” he said. Instead, 
he turned to Asbury Park, where the prices were lower in 
pre-rejuvenation days.


        A new perspective

He went in with two partners, Andrew Geller and Andrew Lewis, and the 
three formed GGL Development Group. They now own a warehouse, condos 
near the landmark Convention Hall, a building zoned as a restaurant with 
a liquor license — where he envisions a steakhouse — and several other 
lots. Asked whether or not the steakhouse, should it happen, would be 
kosher, he says no. But he considers the idea, mulling it over.

“If it caught on with the residents of Deal” — the nearby town that is 
home to a sizable and wealthy community of Syrian Jews — “you could do 
well. If you had the right /hashgaha/, it would do well. They have the 
money to frequent a restaurant that I wouldn’t frequent because it would 
be too expensive….

NJJN photo 2

Ivan Geldzahler

“But if you put in a sexy bar, which everyone loves, you could make a 
killing.” He finally pushes the idea away, and concludes, “If I were 30, 
I would do it in a heartbeat.”

Geldzahler’s path to Jersey Shore real estate entrepreneur had some 
detours. He trained as a teacher, holds a black belt in karate, then 
followed in his father’s footsteps. A year after one of his father’s 
shops burned to the ground, he opened Zayda’s in 1985 and ran it until 
2003, when he sold it to current owners Andrew and Alison Halper. He 
recalls working 80-hour weeks, from his 20s through his 50s, toiling in 
the meat business. Though he has no regrets, he said, he is now “making 
up for lost time,” enjoying his 80 acres near Woodstock, NY, and fishing 
both in the streams there and from his favorite spot down the shore.

He has taken off the blood-stained apron, grown his hair long, and added 
a mustache. After selling Zayda’s, he spent some time crafting furniture 
out of sticks in a kind of riff on Adirondack-style furniture, but says 
it was more about his own chi than about making money. While a whiff of 
the driven salesman remains, he now has a more laid-back, sun-drenched aura.

He can’t wait to show off the upscale restaurants that have opened near 
his office on Cookman Street in downtown Asbury, the condo buildings 
where units are selling, the upscale home goods store on the corner, and 
the construction near the boardwalk where the arcade- and ride-filled 
Funhouse used to stand, across from the once popular Casino — which 
housed amusements and a classic carousel and is now gutted, awaiting 
development.

The jewel — at the northern end of the boardwalk — in Asbury Park’s 
crown is the fully refurbished Paramount Theater at Convention Hall, 
where Tony Bennett performed June 28. Geldzahler points to a brand-new 
supper club, a bar overlooking the beach, and boardwalk shops stocked 
with goods. “This is going to be a workout studio; that’s a gelato 
shop,” he said.

But some of the shops aren’t open yet, and some restaurants have yet to 
turn a profit. Still, the new construction gives a visitor a new 
perspective; depending on where you stand, it sometimes even dwarfs 
whatever is or isn’t happening at the Esperanza.

Geldzahler still lives in Livingston with his wife, Linda — they have 
three grown daughters — but has set his sights on one of his own condo 
units, one near his favorite fishing jetty. Meanwhile, as our “show-me 
tour” comes to an end and we head away from the boardwalk, he watches a 
few locals biking in with fishing rods. “What are you using — lure or 
bait?” he asks. Perhaps the success is all in the lure.

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