JERSEY CITY, New Jersey (WABC) — A man accused of stealing a luxury sailboat in Jersey City was shot and killed by police in Rhode Island on Wednesday.<\/p>\n
The shooting happened in Newport near Storer Park and the Elm Street Pier around 9 a.m.<\/p>\n
The boat was reported stolen on Aug. 22nd around 11 p.m. from the Liberty Harbor Marina in Jersey City.<\/p>\n
Officials say it was one of the most admired boats in the marina.<\/p>\n
The suspect was captured on surveillance video, prompting a search for the suspected thief and alerts were sent up and down the East Coast to the Coast Guard.<\/p>\n
Police say the suspect disabled the boat’s transponder when he reached the Verrazzano-Narrows Bridge and authorities lost track of the boat.<\/p>\n
They found it Wednesday morning in Newport and that is where the violent encounter took place with police.<\/p>\n
Authorities say when they approached the boat, the suspect fled below deck and ignored commands from officers. Police say he armed himself with a firearm and shots were fired.<\/p>\n
The suspect was killed and one officer was also shot during the exchange of gunfire.<\/p>\n
The officer was taken to the hospital and is said to be stable.<\/p>\n
The suspect’s identity has not yet been released.<\/p>\n
This story will be updated as more information becomes available.<\/p>\n
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