LeFrak has kicked off leasing for what it calls its “most ambitious project” in Jersey City since the firm began to lead the redevelopment of the city’s Newport section decades ago.
For a company that had been in the U.S. for nearly three decades, it was only about four years ago that the conglomerate known as China State Construction Engineering Corp. suddenly caught the attention of New Jersey’s commercial real estate market.
In Jersey City, fashion designer Tory Burch has leased 93,000 square feet over two floors at 499 Washington Blvd., an office tower in LeFrak’s master-planned Newport community.