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]

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: 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]

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]

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]

From the August issue:

From the August issue: When Kushner Companies paid a record $1.8 billion for the aluminum-clad office building 666 Fifth Avenue in 2007, located between 52nd and 53rd streets, the market was still booming.

But less than two years later, Lehman Brothers had collapsed, and that 10-digit price tag seemed to be an outrageous reminder of a bygone era. Yet company CEO Jared Kushner continued to believe that the retail portion alone could be worth $1 billion. [more]

From left: 346 Broadway, 49-51 Chambers Street and 22 Reade Street

In the three months since the Economic Development Corporation issued requests for proposals for a package of city-owned buildings, some of New York’s top real estate firms — Vornado Realty Trust, Toll Brothers and Kushner Companies, among them — have toured the properties. Should those or other companies wish to bid on the Lower Manhattan properties, their proposals are due today.

The 750,000-square-foot, three-building package is composed of 346 Broadway, 49-51 Chambers Street and 22 Reade Street. [more]

From left: Kushner Companies CEO Jared Kushner, the Skyline Apartments and the Boulevard Apartments

Kushner Companies acquired two New Jersey apartment buildings, marking its first deal in the state since 2007, when it sold a $2 billion portfolio to AIG. That transaction holds the record for the largest multi-family deal in New Jersey’s history.

This week’s deal covers 338 units in the Skyline Apartments and Boulevard Apartments complexes, built in the early 1950s by Hekemian & Co and Herbert Klein. The partnership retained ownership of the properties until the sale, which was worth $57.5 million, according to a source with knowledge of the deal. The off-market transaction was brokered by Ivan Dochter of Excel Realty Advisors. [more]

666 Fifth Avenue

The law firm Akerman Senterfitt will lease nearly 50,000 square feet of space at Kushner Companies’ 666 Fifth Avenue, the New York Post reported. The firm will take the 19th and 20th floors of the building, previously occupied by the law firm Orrick, Herrington & Sutcliffe The space needs an “aesthetic facelift,” sources told the Post.

When 666 Fifth Avenue was sold to Kushner for $1.8 billion in 2007, the sale marked the highest price paid for a New York City office building. [more]