The Real Deal New York

A lesser-known Kushner bets big on Jersey

Kushner on his $1B luxury development Journal Squared and where he thinks the market is headed

June 09, 2015 10:30AM
By Miriam Kreinin Souccar

Jonathan Kushner Journal Squared

Jonathan Kushner is hard at work on Journal Squared, a $1 billion luxury rental complex under construction in Jersey City. (Rendering: HWKN & Handel Architects)

From the New Jersey supplement: Jonathan Kushner may live in Manhattan, but the 37-year-old president of the Kushner Real Estate Group is betting big on Jersey City. His Bridgewater, New Jersey-based company owns and manages around 12 million square feet of commercial and residential real estate in New York, New Jersey and Pennsylvania, with roughly 80 percent of it in the Garden State. Kushner’s more famous cousin, Jared, is also developing real estate in Jersey. But a family rift that began a generation ago seems to endure between the two. [more]