Victor Homes paid $99 million for a three-story, onetime deli on a Midtown South site. The sellers, Kushner Real Estate Group and Ironstate Development Company, had sought to build a 40-story condominium tower on the property. [more]
Posts Tagged ‘Kushner Real Estate Group’
Kushner Real Estate Group and Ironstate Development Company’s 422-unit downtown Jersey City rental building is now leasing. [more]
UPDATED, 2:10 p.m., Jan. 17: Developer Jonathan Kushner, president of the New Jersey-based Kushner Real Estate Group, has partnered with Ironstate Development to build a 40-story, 135,000-square-foot condominium tower at 281 Fifth Avenue at East 30th Street in Midtown.
Kushner, first cousin of fellow owner and developer Jared Kushner, began acquiring three buildings at that corner from SK Properties in 2007, with the intention of developing a residential project. The building currently at the address is three stories tall and formerly housed a gourmet deli. [more]
A massive luxury rental and retail project will be built Fort Lee, N.J., by Tucker Development Corp., Ares Management and Kushner Real Estate Group.
The three companies — Kushner has ties but is not part of Jared Kushner’s Kushner Properties — have already secured the $218 million needed for the first phase of the two-phase development, which could break ground next year. Hudson Lights, on a parcel near the western edge of the George Washington Bridge, will include 143,000 square feet of retail space, 276 rental apartments and 864 parking spots. [more]