Assembly approves sale of six lots as part of hospital property development

The borough assembly unanimously agreed March 12 to move forward with the sale of six borough-owned lots behind the former hospital property.

The six lots will be appraised and sold at market value to Wayne Johnson, a Georgia-based real estate developer. Johnson is planning to build a 48-unit, condo-style housing development with covered parking on the former hospital property and six adjacent lots.

The sales of the former hospital property and six adjacent lots are conditional upon each other, as Johnson has said he needs all the parcels for his development, which he has estimated at $13.5 mi...

 

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