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Star-Ledger Selling Its Building

New Jersey’s largest newspaper is selling its building.

Front page of the Star Ledger
Front page of the Star Ledger (Newseum)

Publisher Richard Vezza says the Star-Ledger put its Newark headquarters on the market about 3 days ago. The building was built in 1966 and has housed the paper through a myriad changes to the city.

Vezza says the paper will lease office space and that selling the building is a money-saving measure. He says new offices must have adequate parking and ideally would be close to public transit.

The Star-Ledger has threatened to shut down operations by the end of the year if it does not reach contract concessions with its unions.

Vezza says a potential shutdown and the sale of the building are not related.

 

(Copyright 2013 The Associated Press. All Rights Reserved)

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