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Thread: Bayonne

  1. #151
    Jersey Patriot JCMAN320's Avatar
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    Lightbulb Aussies Buy IMTT

    Australian bank pays $1 billion for Bayonne plant, rest of IMTT: report

    By Mike D'Onofrio/The Jersey Journal
    on July 08, 2014 at 2:12 PM, updated July 08, 2014 at 2:20 PM


    The IMTT (International-Matex Tank Terminals) south entrance on New Hook Road in Bayonne, June 3, 2014. Reena Rose Sibayan/The Jersey Journal

    Australia's largest investment bank has taken full ownership of a national liquid storage company that operates a 600-acre terminal along the water in Bayonne, Bloomberg.com reported.

    Macquarie Infrastructure Co. bought the remaining 50 percent of International-Matex Tank Terminals that it didn't already own for $1.03 billion in cash and stock, Bloomberg.com said.

    Macquarie Infrastructure Co. is a fund managed by Macquarie Group Ltd., according to the article. Macquarie Infrastructure Co. owns storage terminals in the United States, according to the article.

    The Bayonne storage facility, at 250 East 22nd St., has 620 storage tanks -- some of which are those towering and gargantuan white tanks that populate Bayonne's coastline. Located at the intersection of the Kill van Kull and Upper New York Harbor, the massive complex also has truck and rail car loading facilities.

    Macquarie bought 50 percent of IMTT in 2006, Reuters.com reported.

    Macquarie will pay $910 million in cash and the rest in stock to the IMTT's founding Coleman family, at least three of whom are expected to retire after the deal closes later this month.

    http://www.nj.com/hudson/index.ssf/2...l#incart_river

  2. #152

    Default

    I don't know what the heck is going on at Alexan City View, but the apartment rents have been fluctuating wildly. Over the last few months, the rent for a 3 bedroom (Studio doesn't fluctuate that much) has gone from 3+k, to 6+k, to 19+k yesterday, and back down to 10+k today. Not sure about 1 & 2 bedroom because there's only a range Studio-3 Bed listed.

    The other big complexes in Bayonne never fluctuate until they're ready to raise the rents period, and even then it only goes up about 100/month. Are they jockying for position for the new developments going up there? Haven't been there in weeks so I don't know if they started yet.

  3. #153

  4. #154
    Jersey Patriot JCMAN320's Avatar
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    Thumbs up Camelot Is Born On Kennedy Blvd.

    $22M luxury rental complex Camelot at Bayonne opens

    By Jonathan Lin | The Jersey Journal
    on October 15, 2014 at 7:26 AM


    Bayonne mayor Jimmy Davis, Kaplan Companies president Jason Kaplan, First Ward councilman Tommy Cotter, councilman at large Juan Perez and planning board chairman Ted Garelick celebrated the official opening of Camelot at Bayonne, a $22 million, 96-unit luxury rental complex at 42 Kennedy Boulevard, at a ribbon-cutting ceremony on Oct. 14, 2014. Jonathan Lin | The Jersey Journal

    Bayonne city officials and developers celebrated the official opening of the Peninsula City's newest luxury rental complex yesterday morning at a ribbon-cutting ceremony.

    Three years in the making, Camelot at Bayonne, a $22 million, 96-unit luxury rental complex at 42 Kennedy Blvd., has arrived.

    Bayonne Mayor Jimmy Davis and Jason Kaplan, president of developer Kaplan Cos., spoke briefly at the complex before cutting the ribbon cutting. They lauded its completion and thanked those who worked on the project.

    "(Camelot at Bayonne) is a vibrant place that epitomizes the best of urban living. It is all light and bright and brand new. It is the ideal place to live," Kaplan said.

    "These buildings have been designed to accommodate every need, from the covered parking, to the elevators, to the concierge service we offer to our residents."

    "We see so much potential in Bayonne, and once again, appreciate the many people who made today possible," he went on to say. "We look forward to working with you all to make Bayonne the destination point in Hudson County."

    At the end of his remarks, Kaplan presented a $1,000 check to the Simpson-Baber Foundation for the Autistic, a Bayonne-based nonprofit, to show Camelot at Bayonne's solidarity with the community.

    Davis said the completion of Camelot at Bayonne demonstrated the developer's commitment to making Bayonne a better place.

    "As someone who grew up in this neighborhood, basically one block away ... to know what this property looked like and to see what it is today, (it) shows your commitment to our community," Davis said, addressing Kaplan. "The check for $1,000 ... again shows your commitment to Bayonne and I applaud your efforts."

    The new apartment complex features 48 one-bedroom units ranging from $1,675 to $1,785 monthly and 48 two-bedroom units ranging from $2,015 to $2,255, with all units containing hardwood floors and ceramic-tiled bathrooms.

    One parking space and garbage removal are covered in the cost of the rent, according to Kaplan Cos.' community manager Aracelly Guerra. The building is pet-friendly, she added.

    From the rooftop of one of the two connected buildings that make up Camelot at Bayonne, both the Bayonne Bridge and the Newark Bay Bridge are visible.

    The four-story complex, which is built over an additional story of parking, offers amenities such as covered parking, an outside firepit, a courtyard and units that feature all the latest appliances.

    In addition, residents at Camelot at Bayonne have access to a nearby jitney service that takes them to Journal Square in Jersey City or the Port Authority in New York, according to a press release from Kaplan Cos.

    Bayonne First Ward Councilman Tommy Cotter, Councilman-at-large Juan Perez and Planning Board Chairman Ted Garelick also attended the ribbon-cutting.

    http://www.nj.com/jjournal-news/inde...elated_stories

  5. #155
    Jersey Patriot JCMAN320's Avatar
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    Lightbulb Old MOTBY Trying to Build

    Bayonne city council approves 30-year tax abatement for developer of Harbor Station North amid concerns from residents

    By Jonathan Lin | The Jersey Journal
    on October 22, 2014 at 7:20 PM, updated October 23, 2014 at 6:58 AM


    A map of Harbor Station North. Courtesy of Bayonne City Hall.
    Courtesy of Bayonne City Hall.


    The Bayonne City Council unanimously voted last week to approve a 30-year tax abatement for the developer of Harbor Station North after residents voiced concerns that the development won't provide enough jobs for locals.

    Like other parts of the city's Military Ocean Terminal, Harbor Station North has been tied up in litigation that has delayed development for years, according to city officials. Roughly speaking, the borders of Harbor Station North are Route 440, Pulaski Street, and 45th and 41st streets (if one were to extend those streets further east until they intersect with Pulaski Street).

    Conceding the abatement to the developer, Fidelco Bayonne Realty LLC, is necessary to move an ongoing lawsuit over the area toward a settlement, city officials told residents.

    "This administration's trying to move forward, get something built, put money in people's pockets in the city of Bayonne, put money in the pockets of the people who are developing the property," John Coffey II, the city's law director said.

    "The problem is, we're stuck with this lawsuit. It's five years old, and it was said in a public meeting that it was settled five years ago. It wasn't. And we're left with the residue of that...we're at a point now, that if we don't move forward, we'll lose (this opportunity) forever," he went on to say.

    If the abatement isn't granted to the developer, the lawsuit will drag on for longer, racking up legal bills for the city, Coffey said. When contacted today, he couldn't say how much the city has paid out in legal fees over the past five years.

    Fidelco Bayonne Realty LLC is a partnership between The Fidelco Group and Roseland Property Co., according to Coffey. The company is planning to build several hundred housing units for rent in Harbor Station North, city officials said.

    In 2009, city officials announced that a settlement was reached between the now-dissolved Bayonne Local Redevelopment Authority and Fidelco Bayonne Realty LLC over the property, but Coffey said today that the lawsuit was never settled, and that it was inherited this year by Mayor Jimmy Davis' administration.

    Neither Fidelco Realty Group nor Roseland Property Co. immediately responded for comment about the ongoing lawsuit, the tax abatement and their plans for Harbor Station North.

    William Thomas Boyle, a Bayonne resident and labor union member, spoke at the council on whether the development at Harbor Station North would generate any jobs for residents.

    "Your PLA (project labor agreement) should say at least 60 percent Bayonne residents work this job," he said at one point to city business administrator Joe DeMarco.

    DeMarco said the "makeup of the job" is being worked out with labor unions, and that preferential hiring of local residents could be added to an agreement, but that because the project is coming out of a lawsuit, it's ultimately "not necessarily a fair and open negotiation process between all parties concerned."

    He said that the developer has been required to sit down with local union representatives to hash out a "fair labor certification" for the project. The developer has met on multiple occasions with Pat Kellerher, president of Hudson County Building Trades, to discuss the issue, DeMarco said.

    "The (project labor agreement) portion of (the lawsuit) is going to be between the parties to work out to the satisfaction of the court," Coffey said. "We're hoping within the next 30 days, we can wrap something up in writing and finalize it."

    DeMarco reassured a resident, who said he was a union member, that city officials and the union would still have leverage over the terms of a project labor agreement after granting the developer the tax abatement.

    "It has been made clear to the developer that without the satisfaction of a language of labor agreement, we will not go back to court and say that it's completely settled," he said.

    Besides the lawsuit with Fidelco, one other lawsuit stands in the way of development getting underway at the Military Ocean Terminal, Coffey told The Jersey Journal today. That's the lawsuit filed against the city by Bayonne Bay Developers LLC over another portion of the Military Ocean Terminal called Bayonne Bay, he said, which is a plot of land immediately southeast of Harbor Station North.

    Jonathan Lin may be reached at jlin@jjournal.com. Follow him on Twitter @jlin_jj. Find The Jersey Journal on Facebook.

    http://www.nj.com/hudson/index.ssf/2...l#incart_river
    Last edited by JCMAN320; October 23rd, 2014 at 09:11 PM.

  6. #156

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    Is 'Camelot' next to the Bayonne Housing Authority site on West Second Street?

  7. #157
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    Default

    Quote Originally Posted by EastMillinocket View Post
    Is 'Camelot' next to the Bayonne Housing Authority site on West Second Street?

    http://www.nj.com/jjournal-news/inde...elated_stories

    Yes it is.

  8. #158

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    On vpike.com it shows it still under construction, but the units facing Kennedy have decent views of the bridge, the south-facing the best, and it's nice & quiet in that area. The private homes down the street are where the early parts of 'War of the Worlds' were shot.

    As far as the labor meets for Harbor North, it's of no consequence as far as I'm concerned. Some union or another will get the job, no news there. What I'm worried about is, will this border disagreement tie things up further?

  9. #159

  10. #160
    Jersey Patriot JCMAN320's Avatar
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    Thumbs up Power Center Almost Complete

    Developer plans to build new shopping center with Quick Chek in Bayonne

    By Jonathan Lin | The Jersey Journal
    on November 09, 2014 at 5:03 PM, updated November 09, 2014 at 10:02 PM


    The Alessi Organization is planning to build a new shopping center in Bayonne along Route 440 on what is currently a rock crushing plant. The center would include a Quick Chek gas station and convenience store, the developer announced on Nov. 6, 2014. Google Maps.
    Jonathan Lin | The Jersey Journal


    The shopping centers at South Cove Commons and Bayonne Crossing may soon be joined by another shopping haven on Route 440 in Bayonne if plans by developer Alessi Organization come to fruition.

    Francesco and Vincent Alessi have plans to transform the roughly three-acre plot of land between the New York Sports Club and Route 440 into the "Gateway Shopping Center."

    "The plans are to develop a Quickchek gas station and convenience component, and other various retail components," Francesco Alessi told The Jersey Journal Friday.

    The Alessi Organization developed South Cove Commons, a shopping center along Lefante Way in Bayonne featuring Stop & Shop, Staples, Subway, Dunkin' Donuts, Houlihan's and other retail stores.

    If approved, the Gateway Shopping Center would be built on the last undeveloped portion of land in the Route 440 Corridor East Redevelopment Area, according to Bayonne city planner Sue Mack.

    This land is currently being used as a "rock crushing plant," Mack said.

    The rest of the area has been developed as the shopping center at Bayonne Crossing, which now includes retail stores a Wal-Mart, Qdoba, Dollar Zone, Michael's, Sonic and Longhorn Steakhouse.

    On Wednesday, the Bayonne City Council unanimously passed a resolution authorizing the planning board to reopen the area's redevelopment plan for revision.

    Francesco Alessi told The Jersey Journal his company is seeking to remove a restriction that would prevent them from building a gas station.

    "The ruling last night (Wednesday) is a step in the right direction in order to do that," he said.

    The planning board is expected to announce changes to the redevelopment plant at a meeting tomorrow.

    Besides being known by city government officials, Vincent Alessi is also known by persons in law enforcement.

    In a Dec. 2011 report by the New Jersey Commission of Investigation, Vincent Alessi is named as having had "a close business relationship with a convicted racketeer and member of the DeCavalcante LCN criminal organization."

    According to that report, one of Alessi's companies, Duramix Concrete Corp., pleaded guilty in 2010 to bribing a New York City Department of Sanitation official in 2009 and paid a $125,000 restitution.

    Jonathan Lin may be reached at jlin@jjournal.com. Follow him on Twitter @jlin_jj. Find The Jersey Journal on Facebook.

    http://www.nj.com/hudson/index.ssf/2...cart_most-read

  11. #161

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    If you've driven the MOT peninsula, you'd know they need a rock-crushing plant more than another gas station. A century of building and knocking down left mountains of concrete all over the place.

  12. #162
    Forum Veteran West Hudson's Avatar
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    Default

    Nice pix Nexis. I didn't realize Bayonne had stuff like the building pictured going up. That's a decent looking building.

  13. #163
    Jersey Patriot JCMAN320's Avatar
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    Cool Bayonne Live!

    Entertainment venue planned for Bayonne's Military Ocean Terminal

    By Jonathan Lin | The Jersey Journal
    on November 12, 2014 at 7:39 AM


    An approximate portion of the Military Ocean Terminal in Bayonne whose development is being tied up by ongoing litigation. (Michael Dempsey | The Jersey Journal)

    If all goes as planned, Bayonne's Military Ocean Terminal could be seeing concerts, expos and maybe even a circus by April.

    Donnell Benjamin Productions, a subsidiary of a TV program company, got the green light from Bayonne council members last month to establish a venue at the former military base for concerts and exhibitions.

    Robert Donnell, managing member of the company and the former owner and operator of the Meadowlands Convention Center in Secaucus, expects to have a roughly 40,000 square-foot pavilion set up in the MOT by late spring.

    "It's moving along nicely," Donnell said. "What we envision is fencing it in and having a lot of interesting entertainment situations there, anything from cover bands to bodybuilding competitions."

    He said that construction on the pavilion hasn't started yet, but that Bayonne city officials are in the process of issuing a license to the company to proceed with its plans.

    Roughly 3,000 people will be able to sit under the pavilion in weatherproof seats, and with the addition of lawn seating, the venue could hold up to 5,000 people, Donnell said.

    "On some occasions, everyone will be under the pavilion. On other occasions, we'll be out on the lawn," said Donnell, who's also behind a new reality TV/news program set in Bayonne.

    "There'll be all sorts of configurations."

    Bayonne city spokesman Joe Ryan said events at the Military Ocean Terminal are expected to take place from April to October 2015, and that details are yet to be worked out.

    While nothing has been booked yet, Donnell said he expects the pavilion to host events such as musical performances by Willie Nelson and Charlie Daniels, as well as expos, the Big Apple Circus and sporting events.

    Radio station Z100 has also expressed interest in holding an event at the Military Ocean Terminal, he said.

    Eileen Haskopoulos, 55, a Bayonne resident for about 20 years, expressed guarded optimism about the entertainment venue when asked how she felt about it.

    "It could be done wrong, and it could be done right," she said, adding that the success of the venue would depend on who did it and whether there were transportation options such as a shuttle service to the area.

    If successful, the venue would bring in jobs and tax revenue that would help Bayonne, she said, noting that she'd personally be interested in attending a summer concert series at the pavilion.

    http://www.nj.com/jjournal-news/inde...l#incart_river

  14. #164

    Default

    Excellent, I'm there!

  15. #165

    Thumbs up New apartments!

    Plans are in place to convert an unused Catholic elementary school in Bayonne into apartments, city officials and church leaders announced at a public meeting last night.
    St. Vincent de Paul RC Elementary School -- which has not been used for six years and has suffered from problems such as break-ins, asbestos and a ceiling that's caving in -- could soon become market-rate apartments, according to Eric Fuchs, the pastor at St. Vincent de Paul Church.
    "The longer (the school) sits there and does nothing, the (more the) value of the building will depreciate," he said. "I believe that (this project) would bring more revenue into the city of Bayonne...and enhance the property value of this area."
    Fuchs said that the $1.2 million sale of the school to developer 979 Avenue C LLC would also help the church pay off its debt to the Archdiocese of Newark, whom it currently owes exactly $1.2 million.
    "We can always go to Diocese and ask for some element of debt forgiveness (to retain some money to repair) the boiler, the roof, other such things," he told The Jersey Journal today.
    Fuchs added that the St. Vincent's boiler will stop working after three years and needs to be replaced with a new boiler, which would cost about $100,000.
    Peter Cresci, the attorney representing 979 Avenue C LLC and its principal Jeffrey Unger, told The Jersey Journal today that the plan is currently to build 38 apartment units, but that that number may change.
    Fuchs stressed that the apartments being proposed will not be Section Eight housing.
    As part of the planned development, three classrooms will be left for St. Vincent to use for religious education, he added.
    The main purpose of the two-hour meeting last night, which drew about 70 concerned Bayonne residents, was to dispel rumors about what was going to happen to the school and to answer any questions, Bayonne Third Ward Councilman Gary La Pelusa, Sr. told The Jersey Journal.
    La Pelusa said that the apartment complex would be good for the city of Bayonne as well, since the school -- currently part of a non-profit institution that doesn't pay taxes -- would become a taxable property.
    "The estimated taxes will be $75,000 a year," he said.
    Fuchs said it was premature at this point to estimate the apartment complex's groundbreaking, but noted that the whole project, once begun, is projected to take between 12 to 18 months to complete.
    The concerns raised by residents at the public meeting mainly revolved around potential parking difficulties and the increased traffic that an apartment complex would bring into the area, he said.
    Parking won't be an issue, Fuchs said. He said parking spaces matching the number of proposed apartment units will be added to a reconfigured church parking lot as part of the development.
    Fuchs said that the plans for the apartment complex have not been finalized and the church was "open to suggestions, criticism or other options regarding the future of this project."

    http://www.nj.com/hudson/index.ssf/2...l#incart_river

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