The Real Deal New York

Posts Tagged ‘kushner companies’

  • journal-square

    Rendering of 30 Journal Square in Jersey City, N.J., and its current state (Inset: Jared Kushner)

    Kushner Companies and the KABR Group have released renderings for the planned conversation of the former Jersey City headquarters of the newspaper Jersey Journal. The property is slated to be turned into a 40-story tower holding 525 apartments. [more]

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  • Kevin Swill

    Kevin Swill

    From the March issue: Midtown-based real estate investment banking firm the Carlton Group tapped Kevin Swill, the former president of a financing arm of the Kushner Companies, to serve as its first chief operating officer.

    Swill will oversee the day-to-day operations of the company, and will be in charge of expanding the equity syndication and investment sales operations. [more]

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  • Behind Kushner’s reign

    February 28, 2014 10:30AM
    Jared Kushner

    Jared Kushner

    From the February issue: While his father Charles shied away from taking on institutional partners, Jared Kushner, the 33-year-old CEO of Kushner Companies, has courted them. The firm has also been in growth mode since he took over, jumping to 750 employees today from 80 in 2008. And while Charles focused the firm primarily on New Jersey, Jared has turned his attention towards New York City, where about 50 percent of the company’s assets are now located. This is an excerpt from “Jared Kushner, the accidental CEO,” which appeared in the February issue of The Real Deal.

     

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  • From left: Jared Kushner, Stephen Palmese and 89 Hicks Street

    From left: Jared Kushner, Stephen Palmese and 89 Hicks Street

    Jared Kushner’s Kushner Companies has inked a deal to buy a multi-family portfolio in Brooklyn Heights from the Brooklyn Law School for $36.5 million, The Real Deal has learned. [more]

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  • kevin-swill

    From left: Kevin Swill and Howard Michaels

    Midtown-based real estate investment banking firm the Carlton Group tapped Kevin Swill, the former president of a financing arm of the Kushner Companies, to serve as the first COO.

    Swill will be in charge of expanding the equity syndication and investment sales operations. He was president of Westminster Capital Associates, an arm of Kushner Companies, where he helped with acquiring and recapitalizing roughly 13,000 units. He has also worked at Deutsche Bank, Citibank and Merrill Lynch. [more]

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  • Former Watchtower buildings in Dumbo

    Former Watchtower buildings in Dumbo

    Aby Rosen and Michael Fuchs, whose RFR Realty is partnering with Kushner Companies and LIVWRK Holdings to turn the former Watchtower buildings into tech-friendly office space, have filed the first round of construction permits for the Dumbo site. [more]

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  • From left: Erez Itzhaki, 170-172 East 2nd Street and Jared Kushner

    From left: Erez Itzhaki, 170-172 East 2nd Street and Jared Kushner

    Continuing his power play in the East Village, real estate scion Jared Kushner has paid $17.3 million for two walk-up buildings in the neighborhood, The Real Deal has learned. [more]

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  • From left: 295 Lafayette Street, 9 Great Jones Street and 265 Lafayette Street

    From left: 295 Lafayette Street, 9 Great Jones Street and 265 Lafayette Street

    The emergence of Kushner Companies’ Puck Building at 295 Lafayette Street, where one unit is apparently in contract for $27.5 million, has spurred a posh commercial renaissance in the immediate area. [more]

    3 Comments
  • Jared Kushner, Gary Barnett and 80 West End Avenue

    Jared Kushner, Gary Barnett and 80 West End Avenue

    Nonprofit organization United Cerebral Palsy of New York City has inked a deal for 218,000 square feet of office space at 80 West End Avenue, an industrial building on the Upper West Side owned by Extell Development and Kushner Companies. [more]

    1 Comment
  • Jared Kushner, Kevin Maloney and 50 North 1st Street

    Jared Kushner, Kevin Maloney and 50 North 1st Street

    Kushner Companies, the Midtown-based investment and development company headed by real estate wunderkind Jared Kushner, has racked up another significant acquisition, this time in Williamsburg. [more]

    2 Comments
  • A screenshot of the WiredNYC site and Jared Kushner

    A screenshot of the WiredNYC site and Jared Kushner

    Real estate mogul Jared Kushner was frustrated with what he saw as a lack of transparency around connectivity and broadband access in office buildings. Tenants increasingly rely on high-speed internet for their businesses, but Kushner felt like they were getting shortchanged by a lack of information on what exactly a building could offer. The Real Deal caught up with Kushner to find out more about the WiredNYC initiative, which aims to create a new benchmark for internet connectivity in office buildings…. [more]

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  • Jared Kushner and 200 Lafayette Street

    Jared Kushner and 200 Lafayette Street

    A joint venture between Kushner Companies and Los Angeles-based private equity firm CIM Group is set to put a Soho office and retail property at 200 Lafayette Street back on the market, 18 months after it purchased the property, The Real Deal has learned. [more]

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  • From left: Aby Rosen, 90 Sands Street and Jared Kushner

    From left: Aby Rosen, 90 Sands Street and Jared Kushner

    A partnership led by Jared Kushner’s Kushner Companies and Aby Rosen’s RFR Holdings is in contract to buy a portfolio of Dumbo properties from the Jehovah’s Witnesses for $375 million, the New York Post reported. The deal could be Brooklyn’s largest this year. [more]

    2 Comments
  • From left: Jared Kushner, Two Rector Street and Laurence Gluck

    From left: Jared Kushner, Two Rector Street and Laurence Gluck

    A partnership between the Kushner Companies and CIM Group has paid $140 million to Stellar Management’s Laurence Gluck and Savanna Real Estate Fund for a Lower Manhattan office tower at 2 Rector Street, the New York Post reported.

    Located on the southeastern side of the World Trade Center between Trinity and Greenwich Streets, the 465,000-square-foot, 26-story tower sold for $300 per square foot. [more]

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  • Sony mulls move to 666 Fifth Avenue

    June 05, 2013 11:00AM
    sony-ceo-666-fifth

    Sony CEO Kazuo Hirai and 666 Fifth Avenue

    Sony is shopping around for a new office, with an eye on 666 Fifth Avenue, between 52nd and 53rd streets, the New York Post reported.

    The Chetrit Group acquired the Sony Building with a three-year leaseback for $1.1 billion earlier this year, as previously reported. CBRE’s Mary Ann Tighe and Gregory Tosko signed on in March to assist the electronics titan in finding a 550,000-square-foot space. [more]

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  • Puck Building

    Six penthouses at Kushner Companies’ Puck Building in Soho are set to hit the market, Buzz Buzz Home reported. The apartments are being marketed by Douglas Elliman’s Raphael De Niro and Dennis Mangone, and sales will launch later this spring. The addition of the penthouses to the historic building was approved in 2011, after a contentious landmarks battle.

    The lofts at 295 Lafayette Street will range from 4,895 square feet to over 7,000 square feet, and will have barrel vault brick ceilings, cast-iron columns, oversize windows and open layouts, according to the listing seen by Buzz Buzz Home. Residents of the apartments will enter the building through a private entrance and have access to a 24-hour concierge. Three of the penthouses will have deep, set-back outdoor space.  [more]

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  • 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]

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  • Kushner to pay $49M for Shaoul portfolio

    February 05, 2013 04:00PM

    From left: David Ash, Jared Kushner, Aaron Jungreis and 195 E. 4th St.

    UPDATED 11:00 a.m., Feb. 6: The Kushner Companies extended a Manhattan apartment acquisition binge last month by signing a contract to buy seven walk-up rental buildings in the East Village for $49 million from developer Ben Shaoul’s Magnum Real Estate Group and Meadow Partners, several sources said. The seven buildings have a total of 115 apartments and one store. Among the residential units, 28 are rent stabilized and the rest are free market, insiders said. [more]

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  • 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]

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  • Tri-state briefs

    September 07, 2012 10:30AM

    100 College Street in New Haven

    From the September issue: A plan first proposed six years ago that will pave the way for New Haven to transform nearly 11 acres of underutilized land into a medical hub cleared its final hurdle last month when it was unanimously approved by the Board of Aldermen. The construction will reconnect the two sides of New Haven that have been controversially divided for decades. Preparation for the first phase of the so-called “Downtown Crossing” plan — the construction of a 10-story, $140 million biotech building at 100 College Street — will get underway in January. [more]

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