SEA BRIGHT:The Hurricane Sandy-damaged Anchorage Apartments property in the borough will be the home of the borough's newest park.
According to a Sea Bright newsletter, the New Jersey State Department of Environmental Protection (NJDEP) has announced they completed negotiations for the acquisition apartments through the state's Green Acres Program.
The apartments are located just north of the Rumson/Sea Bright Bridge and have been vacant since they were flooded by Hurricane Sandy in October 2012.
"The site will ultimately be turned over to the residents of Sea Bright and will be transformed into an open space park that sits at the gateway to our borough," the newsletter states.
The current owner will reportedly pay for the demolition of the apartments, which is expected to begin sometime in May.
A volunteer group of borough residents said in July that they would pay the borough back the taxes it would lose by converting the apartment property to a park and also perform some landscaping services.