FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

JOSEPHS ROBIN 		2. Issuer Name and Ticker or Trading Symbol

ISTAR INC. [ STAR ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

C/O ISTAR INC., 1114 AVENUE OF THE AMERICAS, 39TH FLR 		3. Date of Earliest Transaction (MM/DD/YYYY)

5/16/2019
(Street)

NEW YORK, NY 10036
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $.001 per share   5/16/2019     G   V 19323   (1) D $0   0   D    
Common Stock, par value $.001 per share   5/16/2019     J   V 19323   (1) A $0   0   I   Rev Trust  
Common Stock, par value $.001 per share   6/7/2019     G   V 19323   (1) (2) D $0   0   I   Rev Trust  
Common Stock, par value $.001 per share   6/7/2019     G   V 95457   (2) D $0   0   I   Rev Trust  
Common Stock, par value $.001 per share   6/7/2019     J   V 95457   (2) A $0   114780   I   Irr Trust  
Common Stock, par value $.001 per share                  13140   I   IRA  
Common Stock, par value $.001 per share                  22934   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Equivalents   $0                      (3)   (3) Common Stock   77609   (3)   77609   (3) D    

Explanation of Responses:
(1)  On May 16, 2019, the Reporting Person made a gift of 19,323 shares of common stock of iStar Inc.(NYSE:STAR), which were owned by her directly, to a revocable family trust. As noted in Footnote 2 below, on June 7, 2019, the revocable family trust made a gift of these shares to an irrevocable family trust.
(2)  On June 7, 2019, the Reporting Person made gifts in the total amount of 114,780 shares of common stock of iStar Inc.(NYSE:STAR), which were owned by her indirectly in a revocable family trust, to an irrevocable family trust.
(3)  The Reporting Person also holds a total of 77,609 Common Stock Equivalents (CSEs) awarded pursuant to the iStar Inc. Non-Employee Directors Deferral Plan, all of which are vested. Under the Plan, on the regular distribution date, vested CSEs will be settled by the transfer of shares of iStar Common Stock to the participant. The "regular distribution date" for distributions to Plan participants is the earlier of: (1) January 1 on or next following the earlier of (i) the date the participant ceases to be a non-employee director; and (ii) the date of the participant's death; and (2) a change of control (as defined in the Plan). A participant, under certain limited circumstances, is permitted to elect to receive distributions at times other than the regular distribution date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
JOSEPHS ROBIN
C/O ISTAR INC.
1114 AVENUE OF THE AMERICAS, 39TH FLR
NEW YORK, NY 10036 		X



Signatures
s/ Robin Josephs 6/27/2019
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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