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Kushner Companies

666 Fifth Avenue
New York, NY 10103
(212) 527-7000
Website
kushner-companies
Kushner Companies
Kushner Companies is a privately held real estate developer and landlord. The family-owned firm holds a portfolio of 20,000 multifamily residential buildings and 12 million square feet of office, industrial, and retail space. Charles Kushner founded the firm in 1985, using the assets of his father, Joseph Kushner's, construction firm as a base. In 2005, Charles' son Jared took over as principal after Charles was sentenced to two years in prison. Charles pled guilty to filing false tax returns, making illegal campaign donations and witness tampering. Under Charles, the firm's focus was primarily on New Jersey. Jared refocused it on New York City, where half the company's assets are now located. Unlike his father, Jared (a prominent figure in father-in-law Donald Trump's 2016 presidential campaign) works with institutional partners like CIM, Invesco and Oaktree Capital. In 2007, Kushner Companies acquired 666 Fifth Avenue, a 41-story, aluminum-clad office tower, for $1.8 billion from Tishman Speyer Properties and German investment firm TMW. When office rents did not rise as the company had forecast, Kushner brought in Vornado Realty Trust as a partner to inject an undisclosed amount to refurbish the building and make it more attractive to prospective tenants. In exchange, Vornado got a 49.5 percent stake in the building, which is located across from Rockefeller Center.
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unnamed-1
09/21/16
...Our second web installment features interviews with Daniel Bodner of Kushner Companies and Eric Thomas of Cresa New York. Daniel Bodner Daniel...

2e06d05 FEATcopy
09/16/16
Shorewood Real Estate Group and Prodigy Network landed $105 million in construction financing for their mixed-use development at 17 John Street. Tags: 17 John Street,...

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08/22/16
Robert Weisz’s RPW Group locked in a $240 million loan from Blackstone Group and SL Green Realty to purchase the 44-story office tower at 275...

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08/18/16
...Rendering of One Journal Square (click to enlarge) Kushner Companies and KABR Group released new details and renderings for what...

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08/12/16
Kevin Hoo’s Cove Property Group and hedge fund the Baupost Group are in contract to buy the office building at 441 Ninth Avenue on Manhattan’s...

Jared-Kushner-Watchtower
08/11/16
Jared Kushner’s massive bet on Dumbo’s Watchtower building is being backed by the Blackstone Group and SL Green Realty. Affiliates of the two investment giants plowed...

WeWork
08/10/16
WeWork is putting the brakes on its WeLive co-living platform amid higher than expected build-out costs. Tags: WeLive, wework ...

JK
08/04/16
...top: Asher Abehsera and Jared Kushner) A partnership led by Kushner Companies, CIM Group and LIVWRK has finalized a deal for the...

216 27th Avenue feature
08/03/16
...th Avenue in Bayside Roughly two years after Jared Kushner's Kushner Companies snapped up a $36.5 million multifamily portfolio from the Brooklyn Law...

CompassFeature
07/21/16
...sellout of nearly $600 million, he went with Stribling & Associates. Kushner Companies’ Puck Penthouses were represented by Sotheby’s International Realty and...

featured-518-West-18th-Street-266x150
07/19/16
...borrowers. The most recent newcomers to the developer-lender arena include Kushner Companies, RXR Realty, Moinian Group and RFR Realty, which joined earlier...

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07/15/16
Things are heating up at a Williamsburg rental building, where tenants say a handful of fires have plagued the building’s conversion into luxury condos. Tenants...

80 West End Avenue in
07/14/16
...the entire six-story, 174,000-square-foot building, at the time owned by Kushner Companies and Extell Development.  The lease was subsequently modified and is...

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07/14/16
Banks, faced with new regulations aimed at reining in risk, are pulling back from providing construction loans, so alternative lenders are stepping in to fill...

07/11/16
...on Richard Mack after two clashed over 666 Fifth deal: sources 3. Kushner Companies gives predatory tenant the boot 4. “Million Dollar Listing New York...

Jared-Kushner
07/09/16
The tenant of a rent-stabilized East Village owned by Jared Kushner is facing eviction shortly after she evicted her severely ill sublet. In 2012, the...

Untitled-1
07/08/16
Jared Kushner strong-armed his reporters into pursuing a controversial story about fellow real estate investor Richard Mack, after the two feuded over a deal involving...

Donald Trump, a rendering of the Trump Bay Street in Jersey City and Jared Kushner
07/05/16
...recently wanted to meet with Donald Trump, the CEO of Kushner Companies was an intermediary of sorts. As Trump’s son-in-law, Kushner...

feature
06/29/16
Marketing agency Translation LLC signed a 35,000-square-foot lease at Glacier Global Partners’ Dumbo office development 10 Jay Street. Tags: Dumbo Heights, Glacier Global Partners ...

Untitled-2
06/21/16
Jared Kushner may have played a role in Corey Lewandowski’s dismissal as Donald Trump’s presidential campaign manager, according to multiple news reports. Tags: Donald Trump,...

Untitled-11
06/20/16
...location in the U.S. The shared office company and Kushner Companies are mulling turning part of the 57-story development One Journal...

Morali small
06/20/16
...Laurent Morali (credit: Kushner Companies) Kushner Companies named Laurent Morali as the firm’s new president Monday...

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06/10/16
On Wednesday, Donald Trump reportedly met with several New York real estate machers over lunch. The group, which Bloomberg reported included Howard Lorber, Steve Roth,...

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06/10/16
Some multifamily landlords buy and hold, gradually stacking up income from their properties, making repairs as problems arise — or never at all. Others –...

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06/09/16
Dolce Vita, the fashion-footwear brand owned by shoe shah Steve Madden, is moving into a 10,000-square-foot shop and office headquarters on Mercer Street. Tags: soho,...
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Kushner Companies, Director of Acquisitions
666 Fifth Avenue, New York, NY, (212) 527-7000
Avi Lebor is currently director of acquisitions at Kushner Companies, a family-owned real...
Kushner Companies, CFO
666 Fifth Avenue, New York, NY, (212) 527-7000
Larry Lipton is the chief financial officer of Kushner Companies, a privately-held and...
Kushner Companies, COO
666 Fifth Avenue, New York, NY, (212) 527-7000
Patrick Crosetto is the chief operating officer of Kushner Companies, a privately-held and...
Kushner Companies, President
666 Fifth Avenue, New York, NY, (212) 527-7000
Laurent Morali is president of Kushner Companies, the privately-held and family-owned real estate...
Kushner Companies, Founder and Ex-Principal
666 Fifth Avenue, New York, NY, (212) 527-7000
Charles Kushner, born in 1954, is a New Jersey property tycoon and ex-convict....
Kushner Companies, CEO
666 Fifth Avenue, New York, NY, (212) 527-7000
Jared Kushner is the owner of the New York Observer, a newspaper, and...
  • Event Retail Leasing
  • Address 226 West 44th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 59,137
  • Publication Date 08/01/2016
  • Event Date 06/17/2016
  • Party 1 Kushner Companies
  • Party 1 Brokerage Kushner Companies
  • Party 1 Broker Morris Harary, Larry Rabinowitz, Ira Bloom
  • Party 2 Times Square Attractions Live
  • Party 2 Brokerage CBRE
  • Party 2 Broker Eric Gelber
notes
The National Geographic exhibition signed a lease.
  • Event Office Leasing
  • Address 229 West 43rd Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 57,000
  • Publication Date 07/01/2016
  • Event Date 05/15/2016
  • Party 1 Kushner Companies
  • Party 2 Engine Group
notes
The advertising holding company signed a lease for the entire 8th floor.
  • Event Sales
  • Address 2 Rector Street
  • Neighborhood Lower Manhattan
  • Borough Manhattan
  • Square feet 476,000
  • Price $ 225,000,000
  • Price per foot $ 472.69
notes
The property was sold for $225 million.
  • Event Retail Leasing
  • Address 55 Prospect Street
  • Neighborhood Dumbo Heights
  • Borough Brooklyn
  • Square feet 5,500
notes
The yoga studio signed a lease for the ground and basement floors.
  • Event Retail Leasing
  • Address 117 Adams Street
  • Neighborhood Dumbo Heights
  • Borough Brooklyn
  • Square feet 2,300
notes
The Seattle-style teriyaki eatery signed a lease.
  • Event Retail Leasing
  • Address 331 East Ninth Street
  • Borough Manhattan
  • Square feet 550
  • Publication Date 04/01/2016
  • Event Date 02/13/2016
  • Party 1 Kushner Companies
  • Party 1 Brokerage RES Commercial Real Estate
  • Party 1 Broker Jeffrey Angel
  • Party 2 Brokerage RES Commercial Real Estate
  • Party 2 Broker Jeffrey Angel
notes
The alterations company signed a lease.
  • Event Retail Leasing
  • Address 120 Macdougal Street
  • Neighborhood Greenwich Village
  • Borough Manhattan
  • Square feet 600
  • Publication Date 02/01/2016
  • Event Date 12/23/2015
  • Party 1 Kushner Companies
  • Party 1 Brokerage RES Commercial Real Estate
  • Party 1 Broker Jeffrey Angel
  • Party 2 Mighty Bowl
  • Party 2 Brokerage RES Commercial Real Estate
  • Party 2 Broker Jeffrey Angel
notes
The restaurant signed a lease.
  • Event Retail Leasing
  • Address 216 West 44th Street
  • Borough Manhattan
  • Square feet 49,000
notes
The miniature-world tourtist attraction signed a lease.
  • Event Office Leasing
  • Address 77 Sands Street
  • Neighborhood Downtown Brooklyn
  • Borough Brooklyn
  • Square feet 18,800
notes
The luxury jewelry retailer signed a lease to move its office headquarters.
  • Event Office Leasing
  • Address 55 Prospect Street
  • Neighborhood Park Slope
  • Borough Brooklyn
  • Square feet 27,000
notes
The design firm signed a lease to relocate from Manhattan to Brooklyn.
  • Event Sales
  • Address 184 Kent Avenue
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Square feet 338
  • Price $ 275,000,000
  • Price per foot $ 813,609.47
notes
The building was sold for $275 million.
  • Event Sales
  • Address 23-05 & 23-15 30th Avenue 21-80 38th Street 21-81 38th Street
  • Neighborhood Midtown
  • Borough Queens
  • Price $ 51
  • Publication Date 03/01/2015
  • Event Date 01/15/2015
  • Party 1 RockFarmer Capital
  • Party 1 Brokerage RockFarmer Capital
  • Party 2 Kushner Companies
  • Party 2 Brokerage Kushner Companies
notes
[EMPTY]
  • Event Retail Leasing
  • Address 167 Avenue A
  • Neighborhood East Village
  • Borough Manhattan
  • Square feet 3,680
notes
The Mediterranean restaurant signed a lease.
  • Event Office Leasing
  • Address 117 Adams Street 55 Prospect Street
  • Borough Brooklyn
  • Square feet 200,000
notes
The online marketplace signed a lease. The company is relocating from a smaller space at 55 Washington Street in Dumbo.
  • Event Office Leasing
  • Address 80 West End Avenue
  • Neighborhood Lincoln Square
  • Borough Manhattan
  • Square feet 218,000
notes
The nonprofit signed a 30-year lease for the entire building. The tenant recently sold its existing building at 122 East 23rd Street, and is scheduled to relocate to its new facility in the fourth quarter of 2014.
  • Event Sales
  • Address 2 Rector Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 465,000
  • Price $ 140,000,000
  • Price per foot $ 301.08
notes
The property sold for $140 million, or $300 per square foot, the New York Post reported.
  • Event Sales
  • Address 203 East 4th Street
  • Neighborhood East Village
  • Borough Manhattan
  • Price $ 49,000,000
notes
A package of seven walk-ups sold for $49 million. The properties are located at 118, 120-122, 195, 199, 201 and 203 East 4th Street.
  • Event Sales
  • Address East Village portfolio
  • Neighborhood Midtown
  • Borough Manhattan
  • Price $ 49
notes
[EMPTY]
  • Event Office Leasing
  • Address 200 Lafayette Street
  • Neighborhood Kips Bay
  • Borough Manhattan
  • Square feet 130,000
  • Price per foot $ 68.00
notes
The department store signed a 15-year lease for the entire building, which will be used for its corporate offices, the New York Post reported.
  • Event Sales
  • Address 200 Lafayette Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 90,000
  • Price $ 50,000,000
  • Price per foot $ 555.56
notes
The office tower sold for $50 million. The buyers are planning a $20 million renovation to upgrade the building.
  • Event Office Leasing
  • Address 666 Fifth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 24,140
notes
The credit asset management and direct lending business signed a lease. The company is relocating from a smaller, 20,000-square-foot space at 551 Madison Avenue.
  • Event Office Leasing
  • Address 666 Fifth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 50,000
notes
The investment research firm signed a new 10-year lease for part of the 10th floor and the entire 11th floor.
  • Event Retail Leasing
  • Address 666 Fifth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 2,000
notes
The Swiss watch retailer signed a 15-year lease for the last remaining retail space at the building.
  • Event Sales
  • Address 666 Fifth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 38,750
  • Price $ 324,000,000
  • Price per foot $ 8,361.29
notes
The retail space formerly occupied by the NBA Store sold for $324 million, or $8,361 per square foot, to the Spanish retail giant. The space will serve as the new flagship store for Zara. The rest of the building's retail space, currently leased to Uniqlo and Hollister, is also on the market. The purchase price for the Zara space includes the early termination of the NBA Store's lease.
  • Event Office Leasing
  • Address 666 Fifth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 48,164
notes
The law firm signed a 10-year lease for the entire 16th and 17th floors.
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Brooklyn, 11201
RFR Holding|Kushner Companies|LIVWRK, 175 PEARL OWNER LLC
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54 BARROW STREET ASSO
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WEST 147TH STREET EQU
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Kushner Companies, 50 NORTH FIRST PARTNERS LLC
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VILAGE KF 516 EAST 13
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VILAGE KF 516 EAST 13
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VILLAGE KF 504 EAST 1
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KC3 - 504 EAST 88TH S
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KC3 - 438-440 EAST 13
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Kushner Companies, 435 EAST 9TH STREET R
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VILLAGE JV 435 EAST 1
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Manhattan, 10065
KC3 - 410 EAST 64TH S
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38 MONROE PLACE LLC
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KC3 - 354-356 STATE S
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KC3 - 354-356 STATE S
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VILLAGE JV 338 EAST 1
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Kushner Companies, VILLAGE JV 338 EAST 1
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KC3 - 325 EAST 83RD S
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KC3 - 319-321 EAST 78
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VILLAGE JV 211 AVENUE
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156 SULLIVAN STREET R
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118-120 EAST FOURTH O
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2 RECTOR STREET (NY),
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Manhattan, 10012
Kushner Companies, PUCK RESIDENTIAL ASSOCIATES LLC
Puck Building is a redbrick 1885 building located in Nolita. The landmarked, The...
Queens, 11102
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23-15 30th Avenue, or Grand Court, is a 4-story walk-up building on the...
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Queens, 11105
ASTORIA 21-80 38TH LL
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The 1.5 million-square-foot office and retail development at 666 Fifth Avenue has been...

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From left: Greenland's I-Fei Chang, Jared Kushner, Xinyuan's Yong Zhang, Brookland's Boaz Gilad and Adam America's Dvir Cohen Hoshen Brooklyn’s biggest condo developers have a...

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Brooklyn, 11249
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Manhattan, 10012
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