Bayonne’s Alexan CityView Sold for $147.5M

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alexan cityviewCastle Lanterra Properties, a New York based real estate company has acquired Alexan CityView for $147.5 million. Along with the change in ownership comes a change in name: the Bayonne property is now called Harbor Pointe, likely to highlight the fact that it is a waterfront community. The 544-unit building was constructed in 2010 and currently has a 91% occupancy. This is a positive indicator for new development and future growth in Bayonne. More info about the purchase can be found on NJBiz.

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