And it's not enough. For now, the Lefrak Organization is limited by state and local regulations to "only" that five million feet of office space at what is now called Newport Center, the company's 400-acre planned community. But that space cap could change, and soon.

Indeed, the office market is so hot all across Northern NJ, and demand for space is so high, that Sam LeFrak and son Richard are seeking city and state approvals to up the ante to at least seven million feet, and perhaps more. "I can't build space fast enough," the elder LeFrak admits.

They'll have to raze some low-rise retail to accomplish it. The specific site on which additional office towers would rise is currently occupied by several retail tenants, including International Food Market and a Pep Boys auto store. But the plan for more offices has the solid backing of JC Mayor Bret Schundler, who comments that "it could make economic sense for them to buy out the retail leases and redevelop the area for high-rise office use."