Borough approves sale of hospital property to real estate developer

The borough assembly approved the sale of the former medical center and six adjacent lots to property developer Wayne Johnson on April 9.

Johnson is a Georgia-based real estate developer hoping to build a 48-unit condo-style housing development with covered parking on the property.

The borough sold the two acres of the former hospital property to Johnson for $200,000, which required approval from the economic development board and the planning and zoning commission as it was below the property’s appraised value of $830,00.

Municipal code allows the sale of borough property at less than apprais...

 

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