Newport is a 600-acre master-panned mixed use community, consisting of retail, residential, office, and entertainment facilities. Located on the Hudson River waterfront, it is located opposite the World Financial Center. Newport is well-served by transportation links to New York City, including the adjacent Holland Tunnel for access to lower Manhattan, as well as having good connections to the rest of New Jersey via the New Jersey Turnpike. Public transportation consists of the Hudson-Bergen Light Rail and the PATH which have stops in Newport and a BillyBey Ferry Company stop in Newport. The area is also served by several New Jersey Transit bus lines as well as some private bus lines. Newport currently includes 9 high-rise rental apartment buildings comprising approximately 3,700 households. Newport’s 10th rental apartment building, “The Aquablu,” is expected to contain an additional 360 apartments and is currently under construction. Newport also includes 3 high-rise condominium apartment buildings comprising approximately 900 additional apartments. Construction of these condominium buildings began in 1987. The most recent condominium building, known as “The Shore Condominiums at Newport” was completed in 2008.