Real Estate

Bayonne Designates New Developer for Peninsula Tract

4b952773120d09b8c545_DSCN0905.JPG
4b952773120d09b8c545_DSCN0905.JPG

BAYONNE, NJ – After the Bayonne City Council last week designated JMF Properties of Morris County as the developer of a 16-acre portion of the Peninsula at Bayonne Harbor, the former Military Ocean Terminal, the city and company have reacted to the move.

“JMF Properties is proud to enter into this public-private partnership with the city of Bayonne and looks forward to taking an active role in the overall redevelopment of the Military Ocean Terminal,” said Joe Forgione, founder and principal of the firm based in the Whippany section of Hanover Township.

JMF will develop a portion of the Harbor Station South section of the Peninsula. Forgione said that the construction will consist of for-purchase townhomes and retail. He referred to the company’s previous successful projects in Denville, Hanover, Maplewood and Parsippany.

Sign Up for E-News

“This is a very good first step. I’m pleased that the City Council took this action,” Bayonne Mayor James Davis said. “I look forward to working with Mr. Forgione and JMF Properties as we move forward to formalize the details of how the property will be developed ...”

Originally, the city had worked out a deal with Kate Howard LTD, the development arm of the Chinese import/export company Waitex, to build on 71 acres of Harbor Station South. That agreement fell through in March.

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News

Bayonne

Upcoming Events

Thu, February 22, 7:00 PM

Hosted by Bible Baptist Church, Hasbrouck Heights

Mothers of Preschoolers {MOPS} Event

Education

Carousel_image_ad6c3c447b5accf3e1a1_3ef0aae34bda175becfa_ptp_save_the_date_-_p1

Fri, March 16, 7:00 PM

The Grove, Cedar Grove

Susan G. Komen North Jersey

Giving Back Other

Sat, April 28, 8:00 AM

College of St. Elizabeth, Morristown

Conference and Resource Fair Promotes Advocacy ...

Education Giving Back

How to Talk with Kids About the Florida Shooting

February 15, 2018

The tragedy of the Florida school shooting is devastating, leaving 17 killed and 15 injured. Our children can easily identify with what occurred yesterday. It will be the topic of conversation today in schools everywhere. School administrators are doing all they can to provide support and guidance. The shootings affect children, teachers, and school personnel. The school shooting ...

Rep. Payne, Jr. Issues Statement on Parkland, Florida, School Shooting

February 14, 2018

Rep. Donald M. Payne, Jr. (NJ-10) released the following statement:

“To the families who lost loved ones during a school shooting in Parkland, Florida, today, know that your country’s compassion and thoughts go out to you. Our hearts break with yours.

“To those injured, know that the American people are praying your recovery.

“To the first responders who put their ...