A building long considered to be an eyesore in Seaside Heights is finally demolished.

The borough gained control of the rotting steel structure earlier this year on the Boulevard.

The previous owner failed to redevelop the lot and had been drawing out the process of removing the building.

After taking ownership, Seaside Heights sold the building to a company that will redevelop the site on a timeline managed by the borough.

Initial plans call for an 8 1/2-story building that will be both retail and residential.