Ciattarelli is expected to concede New Jersey governor's race

New Jersey Republican Jack Ciattarelli is expected to concede the governor's race to Democratic incumbent Phil Murphy on Friday, a source familiar with Ciattarelli's decision told CBS News. He has a news conference scheduled for 1:00 p.m. Friday. 

Ciattarelli trails Murphy by about 74,000 votes, or 2.9 points, 10 days after Election Day. CBS News projected that Murphy would be reelected on November 3. 

Murphy's campaign stepped up its calls for Ciattarelli to concede the race on Monday, but Ciattarelli's legal counsel said the campaign wasn't yet ready to do so.