Bayonne apartment complex sold

BAYONNE – The Alexan CityView, an apartment complex at the Peninsula at Bayonne Harbor on the city’s east side, has been sold by its owner, city officials have confirmed.
The complex was plagued by 14 burglaries and thefts earlier this year. A suspect has been arrested in those incidents.
At the Sept. 16 Bayonne City Council meeting, the council voted on an ordinance consenting to the sale of Alexan by Bayonne Residential Urban Renewal, LLC to CL CityView Urban Renewal LLC, RS Bayonne Urban Renewal LLC, and Verbana Urban Renewal LLC.
The sale price was not disclosed, and City Business Administrator Joseph DeMarco said he did not know the figure because it was a private sale.
The council consent ordinance was necessary to transfer the ownership name to the new company. Alexan has a 30-year pilot (payment in lieu of taxes) agreement with the city. There were no changes to those terms.
“The sale of this property is another indication that people are willing to invest in the future of the city of Bayonne,” DeMarco said. “This is considered a good thing; that a new owner is going to come in and invest more money into it.”