Former Exxon/Standard Oil site warehouse project (Duke Realty)
Summary
The biggest deal of the night: a five-phase warehouse complex on the old Standard Oil site, with an $85 million (likely higher) cleanup, ~2,700 jobs, $10 million to the affordable housing trust fund, and roughly $5 million a year in PILOT payments at stabilization.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Feb 18, 2026.
Impact analysis
~$5 million/year PILOT at stabilization (city share ~$3.5M) plus $10M affordable housing and $13M in other city contributions.
Job seekers, the affordable housing trust fund, and anyone who cares about cleaning up one of the city's most contaminated sites.
null
Mentions & discussions (1)
Related development
81-87 East 22nd Street
Stabilized PILOT ~$150,000/year; $112,500 community benefit.
Former Exxon/Standard Oil site warehouses (Duke Realty/Prologis)
Stabilized PILOT ~$5M/year (city share ~$3.5M), up from $2.4M in current taxes; major remediation of one of the state's dirtiest sites.
28-34 East 22nd Street residential project
Stabilized pilot ~$418,000/year (city share ~$406K); parking and loading concerns raised by a neighboring resident.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Bayonne
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.