Newport is a 600-acre (2.4 km2) master-planned, mixed-use community in Downtown Jersey City, New Jersey, United States, consisting of retail, residential, office, and entertainment facilities. The neighborhood is situated on the Hudson Waterfront on what had been the yards of Erie Railroad's Pavonia Terminal, located opposite Lower Manhattan and the neighborhood of Tribeca in New York City. Redevelopment of the neighborhood began in 1986 as a $10 billion project led by real-estate tycoon Samuel J. LeFrak and his firm The LeFrak Organization.