What to Know
- Former NBA star Shaquille O'Neal is opening a high-rise apartment complex in Newark
- Shaq partnered with Boraie Development and Goldman Sachs to build the $79 million complex near the New Jersey Performing Arts Center
- The 22-story tower high-rise is scheduled to open by the end of the year and will house 168 units
Former NBA star Shaquille O'Neal is opening a high-rise apartment complex in New Jersey's largest city.
O'Neal, who is also known as Shaq, was joined by city and state officials in Newark for a news conference to discuss the project.
The Newark native partnered with New Brunswick-based Boraie Development and Goldman Sachs to build the $79 million complex.
The 22-story tower will house 168 units. It sits near the New Jersey Performing Arts Center.
O'Neal says he wants to invest in things that make a difference in the city.
O'Neal and Boraie Development also have a $150 million apartment complex in Newark in the works.
Local
The high-rise is scheduled to open by the end of the year.
Copyright AP - Associated Press
