Kushner Cos. Defaults On Major Times Square Retail Property
The retail portion of the former New York Times building struggled to retain tenants before the coronavirus outbreak.
The retail portion of the former New York Times building struggled to retain tenants before the coronavirus outbreak.
The auction for the the 251K SF retail condo is set for June 30.
Kushner Cos. plans to go ahead with its Miami developments, post-pandemic.
Kurshner Cos. will sell $100M in bonds on the Tel Aviv Stock Exchange.
The developer served a two-year prison sentence years ago but isn't known to be under current investigation.
CRE investment platform Cadre has rolled out a $400M investment fund.
Brookfield bought a 99-year ground lease on the building back in 2018, and has said the Qataris have played no role in the investment.
Jared Kushner is starting his own company in Florida.
Kushner Cos. has made a $4.3B bid to take over rival company Veris Residential, which operates almost 8,000 apartments.
Kusher said it was Veris that decided to withdraw from negotiations, not the other way around.
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