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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.


Bushwick Inlet Park
12/01/16
...team is led by Karen Zabarsky, a creative director at Kushner Companies, the Municipal Art Society’s Stacey Anderson and digital strategist...

69adamsstfeature
12/01/16
Simon Dushinsky’s Rabsky Group is the mystery buyer behind the Jehovah’s Witnesses’ latest Dumbo deal, paying $65 million for a building near Dumbo Heights. As...

one-boerum-place
12/01/16
A trio of investors led by Avery Hall Investments bought a development site from Brooklyn Law School for $76.5 million at One Boerum Place, where...

turkey-kushner
12/01/16
An East Village woman is suing Jared Kushner for, among other things, allegedly spoiling her Thanksgiving. Tags: Jared Kushner, kushner companies ...

Morali-Kushner
11/30/16
...Laurent Morali and Jared Kushner (credit: Kushner Companies) Jared Kushner’s Kushner Companies plans to lend $200 million annually...

white-house-Kushner thumb
11/29/16
The president-elect apparently isn’t subject to conflict of interest laws, but his son-in-law could be. Tags: EB-5, Jared Kushner, kushner companies ...

jared Kushner, Toby Moskovits, 232 Seigel Street
11/28/16
...firm as a peer-to-peer lender. A debt fund under the Kushner Companies umbrella provided a $33 million loan to Toby Moskovits' Heritage Equity...

101 MacDougal j kushner
11/17/16
While Jared Kushner’s father-in-law has pledged to “drain the swamp,” one of the young real estate mogul’s tenants claims his Greenwich Village building is a...

Kushner-White-House-FB
11/17/16
Jared Kushner is close to being selected for a top advisor position in Donald Trump’s White House, potentially as a senior adviser or special counsel. He...

kushner christie
11/15/16
New Jersey Gov. Chris Christie has had quite the week. First he was removed as the head of President-elect Donald Trump’s White House transition team....

Employee in command
11/15/16
When Donald Trump began to seriously reckon with taking on the Hillary Clinton fundraising machine in June, he took some of his closest real estate...

KushnerKingmakerfbox
11/11/16
...Eric and Donald Jr., were not. The 35-year-old CEO of Kushner Companies and publisher of the New York Observer (as of today...

solow-mta-feature
11/11/16
We’re really starting to see where the estimated $20 billion price tag for Hudson Yards comes from. The largest real estate loans that closed in...

unnamed
11/09/16
Commander-in-chop? One of the biggest price cuts in the over $10-million residential market last week was at 1 Central Park West, or Trump International Hotel...

donald-trump-illustration
11/09/16
Donald Trump, the developer who stamped his particular brand of bombast on New York’s real estate market, was elected the 45th president of the United...

229 West 43rd Jared Kushner
10/21/16
...West 43rd Street and Jared Kushner Jared Kushner’s Kushner Companies landed a $370 million loan from Deutsche Bank and SL Green...

CushEast copy
10/18/16
UPDATED, 10:43 a.m., Oct. 19: Doug Harmon and Adam Spies had a good thing going at Eastdil Secured. The duo brokered some of the city’s...

Untitled-1
10/07/16
The city is getting ready to kick off the process of rezoning Gowanus to allow more housing later this month. Tags: Gowanus, nyc affordable housing,...

Screen Shot 2016-10-03 at 9.01.47 AM
10/03/16
The dirt on dirt: Mark Twain’s memo must have got lost in the mail. “Buy land, they’re not making it anymore,” isn’t a mantra Manhattan...

week in numbers
09/30/16
...the numbers. This past week, The Real Deal reported on Kushner Companies putting its four-building Astoria portfolio on the market, Tishman Speyer...

4-00807-7501.nQoZvfu8 copy
09/28/16
...Kushner’s venture into Queens real estate may be short-lived. Kushner Companies is asking $85 million for a package of four Astoria buildings...

augisalesfeature
09/28/16
Last month’s 10 most expensive investment sales in New York City included two big moves for Chinese investors and four major outer-borough deals. Nothing, however,...

unnamed
09/26/16
UPDATED, 2:30 p.m.. Sept. 26: Transparency is apparently overrated: “I’ve never been in the position where I thought providing detailed information about the market is...

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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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 Office Leasing
  • Address 77 Sands Street
  • Neighborhood Downtown Brooklyn
  • Borough Brooklyn
  • Square feet 18,800
  • Publication Date 11/01/2016
  • Event Date 09/15/2016
  • Party 1 Kushner Companies
  • Party 1 Broker Daniel Bodner, Kushner Companies; Sacha Zarba, Jeff Fischer, CBRE
  • Party 2 Wipro Digital
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Yarden Drimmer, Matthew Fisher
notes
The technology firm signed a lease on the 11th floor.
  • Event Retail Leasing
  • Address 229 West 43rd Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 11,970
  • Publication Date 10/01/2016
  • Event Date 08/15/2016
  • Party 1 Kushner Companies
  • Party 1 Brokerage SCG Retail
  • Party 1 Broker Chase Welles, Alexandra Escobar
  • Party 2 American Market
  • Party 2 Brokerage JRT Realty
  • Party 2 Broker Greg Smith, Kelly Simek
notes
The restaurant signed a 15-year lease.
  • Event Retail Leasing
  • Address 229 West 43rd Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 1,700
  • Publication Date 09/01/2016
  • Event Date 07/15/2016
  • Party 1 Kushner Companies
  • Party 2 Los Tacos No. 1
  • Party 2 Brokerage Neal Ohm
  • Party 2 Broker Neal Ohm
notes
The taco restaurant signed a lease.
  • Event Financing
  • Address 25 Columbia Heights
  • Neighborhood Downtown Brooklyn
  • Borough Brooklyn
  • Square feet 739,000
  • Price $ 376,000,000
  • Publication Date 09/01/2016
  • Event Date 07/15/2016
  • Party 1 Kushner Companies, CIM Group, LIVWRK
  • Party 2 Blackstone Group, SL Green Realty
notes
The partnership secured $376 million in acquisition, building and project loans.
  • 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 117 Adams Street
  • Neighborhood Dumbo Heights
  • Borough Brooklyn
  • Square feet 2,300
  • Publication Date 04/01/2016
  • Event Date 02/15/2016
  • Party 1 Kushner Companies, LIVWRK, RFR Holding
  • Party 2 Glaze Teriyaki
notes
The Seattle-style teriyaki eatery signed a lease.
  • Event Retail Leasing
  • Address 55 Prospect Street
  • Neighborhood Dumbo Heights
  • Borough Brooklyn
  • Square feet 5,500
  • Publication Date 04/01/2016
  • Event Date 02/15/2016
  • Party 1 Kushner Companies, LIVWRK, RFR Holding
  • Party 2 Yoga Vida
notes
The yoga studio signed a lease for the ground and basement floors.
  • Event Retail Leasing
  • Address 331 East Ninth Street
  • Neighborhood East Village
  • Borough Manhattan
  • Square feet 550
notes
The alterations company signed a lease.
  • Event Retail Leasing
  • Address 120 Macdougal Street
  • Neighborhood Greenwich Village
  • Borough Manhattan
  • Square feet 600
notes
The restaurant signed a lease.
  • Event Retail Leasing
  • Address 216 West 44th Street
  • Neighborhood Central Park South
  • 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
  • Publication Date 07/01/2015
  • Event Date 05/22/2015
  • Party 1 Kushner Companies, RFR Holding, LIVWRK
  • Party 2 Alexis Bittar
  • Party 2 Brokerage CBRE
notes
[EMPTY]
  • Event Office Leasing
  • Address 55 Prospect Street
  • Neighborhood Park Slope
  • Borough Brooklyn
  • Square feet 27,000
notes
[EMPTY]
  • Event Sales
  • Address 184 Kent Avenue
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Square feet 338
  • Price $ 275,000,000
  • Price per foot $ 813,609.47
notes
[EMPTY]
  • Event Sales
  • Address 23-05 & 23-15 30th Avenue 21-80 38th Street 21-81 38th Street
  • Neighborhood Midtown
  • Borough Queens
  • Price $ 51,000,000
  • 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 multifamily residential buildings 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 $ 49,000,000
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.
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2 RECTOR STREET (NY),
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Puck Building is a redbrick 1885 building located in Nolita. The landmarked, The...
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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
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21-80 38th Street is a 4-story walk-up building at the corner of Ditmars...
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175 Pearl Street, built in 1918, is one of five industrial buildings being...
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The 1.5 million-square-foot office and retail development at 666 Fifth Avenue has been...

solow-mta-feature
11/11/16
We’re really starting to see where the estimated $20 billion price tag for Hudson Yards comes from. The largest real estate loans that closed in...

augisalesfeature
09/28/16
Last month’s 10 most expensive investment sales in New York City included two big moves for Chinese investors and four major outer-borough deals. Nothing, however,...

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After two years of decline, the city’s retail market is experiencing a sudden burst of activity. Retail tenants with an eye for a deal are...

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The market for big packages of multifamily buildings may have less sex appeal than the fancy condos adorning Billionaire’s Row, but the sector is going...

IfeiChangJaredKushnerJohnLiangBoazGiladDvirCohenHoshen1
10/14/15
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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New York City real estate is never short of mantras and catch phrases, but few have taken hold of the industry’s collective mind like “safe...

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The suspicion, anger and lack of trust over money can make the atmosphere at 111 Centre Street in Lower Manhattan seem a lot like divorce...

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Bidding wars. All-cash offers. Foreign buyers. Off-market sales. The telltale signs of New York City’s housing crunch have dominated headlines in recent years, as pent-up...

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The uncertain economy kept larger companies at bay in 2012 when it came to buying and leasing Manhattan office buildings. On the investment sales side,...

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Click to enlarge Despite the excitement and anticipation of finding a new office space, corporate relocations always come with risk. There is the chance of signing...

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The General Motors BuildingUpper Fifth Avenue (the portion between 49th and 59th streets) is the most expensive retail stretch in the world. However, it's not...

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CIM founders (left to right): Richard Ressler, Shaul Kuba and Avi Shemesh The principals of the Los Angeles-based private equity firm the CIM Group know a...

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Credit crunch catches up with NYC office market ...

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After the eye-popping $1.8 billion sale of a premier Fifth Avenue ...

Finally, it's time to set up a hall of fame for Manhattan real estate dealmakers. Just one catch: with prices the way they are now,...
Brooklyn, 11201
RFR Holding|Kushner Companies|LIVWRK, 175 PEARL OWNER LLC
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Brooklyn, 11249
Kushner Companies, 50 NORTH FIRST PARTNERS LLC
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Brooklyn, 11249
Kushner Companies, 184 KENT OWNER, LLC
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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...
Brooklyn, 11201
RFR Holding|Kushner Companies|LIVWRK, 55 PROSPECT OWNER LLC
55 Prospect Street, built in 1967, is one of five industrial buildings being...
Brooklyn, 11201
RFR Holding|Kushner Companies|LIVWRK, 117 ADAMS OWNER LLC
117 Adams Street, built in 1927, is one of five industrial buildings being...
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