RED BANK: HOSPITAL TO OWN GARAGE
The garage, built in 1983, became the subject of a lease-purchase deal between the town and Riverview 17 years later. (Photo by John T. Ward. Click to enlarge)
By JOHN T. WARD
It’s a mere formality, but Riverview Medical Center is slated to become the owner of Red Bank’s only publicly-owned parking garage Friday.
At its regular meeting Wednesday night, the borough council authorized officials to sign off on a property transfer worked out when the current council president was in middle school.
The deal adds to the nonprofit hospital’s growing portfolio of real estate.
