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LeFrak Sells Jersey City Office to iStar for $170 Million

As a Single Building, Transaction Stands Among Garden State's Largest in Recent Years
The Newport Center office building that iStar acquired overlooks the Hudson River. Photo: CoStar
The Newport Center office building that iStar acquired overlooks the Hudson River. Photo: CoStar
CoStar News
March 7, 2019 | 2:19 P.M.

In what is apparently the biggest New Jersey office sale so far this year, LeFrak has sold a Newport Center building in Jersey City for $170 million to iStar Financial, according to a person briefed on the deal.

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