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Harborby Signalry

Northeast · tertiary

Northern New Jersey

Meadowlands, Short Hills, and corporate-park boxes. A New York gateway tape does not apply. Read remaining flag term and near-term capex first.

Hotels
2
Graph events
2
Cited prices
2
Desks
1

Hotels

Each house opens a labeled estimate. Defaults are assumptions — not an appraisal.

Northern New Jersey · Upper upscale

Sheraton Parsippany

370 keys · Parsippany · Sheraton

Host’s own property page lists 370 rooms. Host FY2025 results: under contract at $15 million with an expected H1 2026 close. $3 million of FF&E reserves stay with Host. Not a closed tape until Host says it closed.

Northern New Jersey · Upper upscale

Hilton Short Hills

314 keys · Short Hills · Hilton

Suburban New Jersey full-service. Park sold the 314-key house in July 2026 for $12 million gross (Park IR). Anticipated capex of about $27 million is Park’s narrative — not a second hotel price and not a Midtown fee PPK.

Desks covering this market

Public coverage lists, not a claimed book. Open a desk for the graph timeline.

Public tape · 2 events

Transactions

Cited prices stay cited. Unknown stays unknown. Linked houses open the estimate worksheet.

Morning blotterCompare a cited single

News / press releasePark soldJul 1, 2026

Hilton Short Hills — Park disposition

Hilton Short Hills · 314 keys · Upper upscale

Consideration

$12.0M

$38k / key

Park IR: $12 million gross for the 314-room Hilton Short Hills. Anticipated capex of about $27 million is Park’s narrative. Not a Midtown fee PPK.

Park Hotels & Resorts IR, Q2 2026 (July 2026 close; day-of-month not named)

Park sold the 314-room Hilton Short Hills in July 2026 for gross proceeds of $12 million. Harbor uses the first of July rather than inventing a closing day. Harbor PPK is $12 million ÷ 314. Park’s “approximately $27 million” anticipated capex is Park’s narrative, not a second hotel price. Suburban New Jersey — not a Manhattan gateway tape. Buyer unnamed. Embassy Suites Alexandria (JV interest) and the Austin ground-lease reversion stay off this tape.

Open the tape →FramePacketEstimateNorthern New JerseyCompare

News / press releaseFeb 18, 2026

Sheraton Parsippany — Host under contract

Sheraton Parsippany · 370 keys · Upper upscale

Consideration

$15.0M

$41k / key

Host FY2025 results: $15 million under contract, expected H1 2026. Includes $3 million of FF&E reserves Host retains. Not a closed deed. Harbor will not treat this as a sold tape until Host says it closed.

Host Hotels & Resorts FY2025 results (under contract; expected H1 2026)

A $15 million corporate-park Sheraton is not a New York gateway tape. Host’s property page lists 370 rooms. The $3 million FF&E retain is inside Host’s $15 million sentence — read it before you apply PPK. Under contract is not closed.

Open the tape →FramePacketEstimateNorthern New JerseyCompare