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LeFrak sells Newport office tower to iStar Financial
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2012/2/20 18:20
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LeFrak sells Newport office tower to iStar Financial

The company that built the first new neighborhood on Jersey City’s industrial Lackawanna waterfront is selling a tower there for $160 million.

LeFrak is selling 570 Washington Boulevard, a 380,000 s/f office property in the Newport development to iStar Financial, TRD first reported last week.

The multinational securities company Depository Trust & Clearing Corporation occupies the entire office portion of the building as its headquarters, subleasing the space from J.P. Morgan Chase, which relocated to LeFrak’s 545 Washington Blvd. in 2015. ... tower-to-istar-financial/

Posted on: 2019/4/10 19:58

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