Complex sentence: During this time, Red Bank's economy, based largely on retail commerce, was in decline, due to a real estate scandal, leading local pundits and urban planners to refer to the town as "Dead Bank".
Split into simpler sentences: During this time, Red Bank's economy, based largely on retail commerce, was in decline, due to a real estate scandal. Local pundits and urban planners to refer to the town as "Dead Bank".