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The rendering of 660 Fifth Ave., the redevelopment of 666 Fifth Ave., planned by Kushner Companies and designed by Zaha Hadid
News

Kushner Ditches $7.5B Teardown Dream For 666 Fifth, Eyeing Luxury Condos Instead

... set to come due next year.  Charles Kushner confirmed to The New York Times that he ... week the two had a "handshake" deal. Kushner is running the firm while its previous CEO, ... pay off the building's mountainous debt, Kushner needs a plan for how to turn around ...

Apr 10, 2018
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Kushner Cos. Sold Stake in Brooklyn Building To Japanese Government-Controlled Company
News

Kushner Cos. Sold Stake in Brooklyn Building To Japanese Government-Controlled Company

... LLCs and more through a Normandy-controlled investment fund. Kushner still owns 5%. Ethics experts have repeatedly raised concerns ... Apollo Global Management and Citigroup gave sizable loans to Kushner Cos. last year after top executives from both companies ...

Mar 13, 2018
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The skyline of Jersey City, New Jersey
News

Kushner Cos. Still Seeking Investors For Jersey City Project

... tax subsidies. WeWork reportedly backed out of the deal before Kushner's presentation in China, but its exit was private until ... more impressed by facts than a project’s name recognition. Kushner Cos. is raising money for its One Journal Square project ...

May 15, 2017
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Kushner Cos Names New President
News

Kushner Cos Names New President

... it includes sales and financing deals. Most recently, Laurent helmed Kushner Cos’ move into retail investment and lending—including on JDS ... to The Real Deal. Laurent first joined Kushner Cos in 2008. His boss, Jared Kushner, will stay on as CEO, although he ...

Jun 20, 2016
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Jared Kushner
News

Kushner Companies Takes First Step into Astoria

... branching out to Astoria, 34-year-old CEO Jared Kushner announced. The real estate firm purchased a $51M portfolio including ... walk-ups with 143 one-, two-, and three-bedroom units. Kushner is also getting in on the growing retail market at ...

Jan 13, 2015
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Addison at Princeton Meadows
News

Kushner Real Estate Group Continues Jersey Buying Spree Near Princeton

Kushner Real Estate Group is pushing hard into multifamily acquisitions in ... realize the property’s full potential,” KRE Group President Jonathan Kushner said in a release. “We’ve had considerable success acquiring ...

Aug 02, 2017
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Kushner, LIVWRK And RFR Near Deal For Two More Jehovah’s Witnesses Properties
News

Kushner, LIVWRK And RFR Near Deal For Two More Jehovah’s Witnesses Properties

Kushner Cos, LIVWRK and RFR are near a deal to acquire ...

Apr 14, 2016
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11 De Hart St., a New Jersey multifamily property in the care of Veris Residential.
News

Kushner Cos. Offers $4.3B To Buy REIT Formerly Known As Mack-Cali

... to engage directly and privately with Veris’ Board and management,” Kushner wrote in the letter. “Unfortunately, to date, our ... it owns or by managing the REIT’s properties, Kushner wrote. Kushner said that Veris’ general and administrative costs are 10 ...

Oct 21, 2022
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11 De Hart St., a New Jersey multifamily property in the care of Veris Residential.
News

Kushner Lands Backing From Investment Giant For Attempted $4.3B Veris Takeover

A major investor has gotten behind an unsolicited bid by Kushner Cos. to take over apartment owner Veris Residential. Fortress ... grossly" undervalued the firm, per the Journal. On Tuesday, Charles Kushner, chairman of the family firm, sent a note to Veris ...

Nov 23, 2022
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Kushner's Deal With Brookfield For 666 Fifth Ave. Under Congressional Investigation
News

Kushner's Deal With Brookfield For 666 Fifth Ave. Under Congressional Investigation

... an investigation into whether Brookfield’s decision to bail out Kushner Cos. at its debt-saddled Fifth Avenue office building ... "bad timing and bad judgment.” Speculation about the future of Kushner Cos. is growing, with many questioning if Jared, who ...

Dec 10, 2020
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