Jared Kushner

Updated at 5:50 p.m. April 16: Residents of an East Village building recently acquired by real estate scion Jared Kushner are taking the young mogul to housing court this week over allegations he failed to provide basic services at the property in the two months following the acquisition in February, EV Grieve reported.

Tenants of the unidentified building allege that Kushner failed to provide heat, hot water and even a locked front door at the property and prioritized securing 7-11 as a tenant on the ground floor over their well-being. Construction work to make way for the new tenant has also caused cracks in the walls of apartments, the tenants said. [more]

Jared Kushner and Ivanka Trump

The next scion of the Ivanka Trump/Jared Kushner real estate family will be born this fall, the New York Post reported. This will be the couple’s second child. Their daughter Arabella Rose turns two years old in July.

“Ivanka is starting to tell friends and family about her pregnancy,” an unnamed source told the Post. [more]

From left: Observer publisher Jared Kushner, Observer CEO Joseph Meyer, CORE co-founder Jack Cayre and CORE CEO Shaun Osher (credit: Patrick McMullan)

Residential real estate brokerage CORE unveiled its second Manhattan retail office today and had a party last night to celebrate. The rather tasteful, subdued gathering took place in a sleek basement lounge at the Rouge Tomate, an upscale Upper East Side restaurant known for its nutritional offerings, and was hosted by the firm in partnership with the New York Observer, which just launched a new lifestyle supplement to its weekly newspaper…. [more]

From left: Jared Kushner and the East Village

Extending his dominion in the East Village, Jared Kushner has picked up a $28.8 million portfolio of 55 apartment and five retail properties in two in-contract deals, the New York Post Reported.

The properties were purchased from Icon Realty Management’s Terrence Lowenberg and Todd Cohen, and include 325 East 10th Street on Tompkins Square Park, as well as the nearby 329, 331, 333 and 335 East 9th Street. [more]

From left: Jared Kushner, 201 East 2nd Street, 435 East 12th Street and 211 Avenue A (credits: PropertyShark)

The East Village is a playground for New York City’s urban trendsetters, drawing them to its trendy bars and restaurants in century-old walk-ups. But the neighborhood has also been a battleground for decades between tenants and their advocates allied against residential landlords seeking to profit from the ever-rising rents in the apartments above. [more]

From left: Jared Kushner, 118 and 120 East 4th Street

A group of tenants in the East Village — who live in the cluster of buildings that Jared Kushner recently purchased from Ben Shaoul — are planning to meet to discuss their experiences living in the properties, EV Grieve reported. Though an email announcing the meeting did not specifically mention past problems with Shaoul’s Magnum Real Estate Group, the landlord has earned a reputation for controversy in the neighborhood and beyond. Last winter, tenants complained about unsupervised construction work happening at the buildings, at 118 and 120 East 4th Street, according to the blog Occupy East 4th Street. [more]

Jared Kushner

Johanna Greenbaum, a 32-year-old Harvard graduate who was most recently counsel and deputy chief of staff to Deputy Mayor for Economic Development Robert Steel, has been tapped to lead real estate development for Kushner Companies, Crain’s reported. “Johanna has a remarkable track record overseeing complex projects and brings a fresh approach and new vision for the next generation of real estate we are building across the city,” Jared Kushner, president of Kushner Companies, told Crain’s. Last week, Kushner closed on a $130 million portfolio of 17 walk-up apartment buildings in Downtown Manhattan, as The Real Deal previously reported…. [more]

From left: the East Village and Jared Kushner

UPDATED, 11:25 a.m., Feb. 6: A joint venture between Jared Kushner and an unnamed international investor has closed on a portfolio of 17 walk-up apartment buildings in Downtown Manhattan for a total of about $130 million, a source told The Real Deal. The buildings are situated between East 2nd and East 13th streets, First Avenue and Avenue B, in the East Village. [more]

321 West 44th Street

Real estate developer Jared Kushner has sold 321 West 44th Street, where his New York Observer newspaper is headquartered, in an off-market, $95 million transaction, the New York Post reported. Real estate investment firms East End Capital and GreenOak Real Estate purchased the 10-story, 228,268-square-foot building, located between Eighth and Ninth avenues. Darcy Stacom of CBRE handled the deal…. [more]

Joshua Kushner

From the November issue: Joshua Kushner, the 27-year-old scion of the Kushner real estate clan, is trying to be his own man. And for him — unlike his older brother Jared, who’s running the family’s development firm — that doesn’t involve bricks and mortar.

“Josh is fiercely independent,” said Joel Cutler, cofounder of General Catalyst Partners, a Cambridge, Mass., venture capital firm and a large investor in Thrive Capital, Josh Kushner’s investment fund. [more]