Star-Ledger Selling Its Building
New Jersey's largest newspaper is selling its building.
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)