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Mack-Cali to Buy Jersey City High-Rise for $409 Million

REIT Aims to Best Own Record By Agreeing to What Could Be the Biggest Multifamily Deal in New Jersey This Year
Mack-Cali is slated to spend nearly $674 million on two apartment complexes in Jersey City this year, including the purchase of Liberty Towers. (CoStar)
Mack-Cali is slated to spend nearly $674 million on two apartment complexes in Jersey City this year, including the purchase of Liberty Towers. (CoStar)
CoStar News
August 8, 2019 | 9:31 P.M.

Mack-Cali Realty is continuing its apartment-buying binge in Jersey City with a deal to acquire the Liberty Towers high-rise complex for $409 million, which could end up being the biggest multifamily sale this year in New Jersey.

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