Earlier this month in Bayonne, Mayor James Davis, along with city officials, led the topping out ceremony of 477 Broadway — an eight-story mixed-use building, featuring 72 residential units and views of the New York City skyline.
20 years ago, a devastating fire destroyed several buildings on this particular block of Broadway. “This is the progress Bayonne has been waiting for all these years,” Fire Chief Keith Weaver told TAPinto Bayonne. Weaver was on the scene of the 1999 fire to which every other firefighter on duty that day responded. The final steel beam of 477 Broadway was signed by the local dignitaries present and raised into position by a large crane.
Developed by Velios Capital, the building will also feature a rooftop terrace and an array of resident amenities. 477 Broadway will be “a beacon in the central business district,” said Managing Partner Dimitris (Jimmy) Vattes. It will attract young professionals to the booming Bayonne market but maintain its “small town charm.”
“We are grateful for the faith and investment developers like Jimmy are placing in Bayonne,” Mayor James Davis told TAPinto Bayonne. “This is another example of the sensible growth that will continue to make our city even better, and our business corridor more vibrant.”