Jared Kushner | The Real Deal New York

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Jared Kushner

CEO
Kushner Companies
666 Fifth Avenue
New York, NY 10103
(212) 527-7000
Website
Jared Kushner
Jared Kushner is the owner of the New York Observer, a newspaper, and principal at Kushner Companies, a multi-billion dollar real estate organization. His father, Charles Kushner, founded the organization in 1985. When Charles was sent to prison in 2005 for filing false tax returns, making illegal campaign contributions, and retaliating against a witness, Jared became the public face of the company. In 2009, Jared married Ivanka Trump, daughter of Donald Trump. As a Harvard undergrad, Jared Kushner bought seven residential properties in Somerville, Massachusetts, upgraded the buildings, and sold them at a profit for $21 million. In 2006, while working toward his JD and MBA at New York University, Kushner bought a stake in the New York Observer for $10 million. In 2007, Kushner’s firm paid $1.8 billion for 666 Fifth Avenue, a 41-story, 1.5-million-square-foot building, between 52nd and 53rd streets. The office portion of the tower began encountering problems after multiple tenants failed to renew leases in the wake of the financial crisis. In late 2011, Kushner refinanced the debt on the property through Vornado Realty Trust. Vornado agreed to inject $80 million of equity into the project in return for a 49.5 percent stake in the tower. -GB
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02/23/16
Jared Kushner’s Kushner Cos. tapped CBRE to handle leasing for the remaining 350,000 square feet of office space at the 1.2 million-square-foot Dumbo Heights office-and-retail complex...
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02/08/16
Nikki Field of Sotheby’s International Realty is set to step aside as the lead broker at Kushner Companies’ Puck Building, shortly after selling the building’s...
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Unlike Puck in “A Midsummer Night’s Dream,” a well-heeled buyer will no longer be a “merry wanderer of the night” after scooping up a $35.1 million...
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12/15/15
In a reversal of sorts, buyers are knocking on the Jehovah’s Witnesses’ door, hoping to grab up pieces of its massive Brooklyn headquarters complex. Industry...
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12/10/15
The developers of Dumbo Heights recently signed another batch of office and retail tenants to the sprawling tech hub now under construction. Tags: Dumbo Heights, Jared...
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12/03/15
Jehovah’s Witnesses is looking to sell off three of its Downtown Brooklyn properties in Dumbo and Brooklyn Heights, with a “competitive offering process” having begun...
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11/20/15
It was born in Arthur Carter’s townhouse on the Upper East Side, and in its second, slightly-faded avatar, operated out of an office building in...
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Vornado Realty Trust lauded a third quarter that saw it sign seven Manhattan office leases at asking rents of over $100 per square foot and...
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10/20/15
1. Blackstone partners with Ivanhoe Cambridge in $5.3B StuyTown deal 2. Jared Kushner pays $123M for N.J. apartments 3. Massive Tribeca mansion gets price chop to $44M Like...
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Kushner Companies is chasing tech tenants for its Dumbo Heights project, offering flexible leases pitched somewhere between traditional 10-year agreements and WeWork’s 30-day deals. Tags:...
10/20/15
Current reader favorites: 1. Stuy Town to hit the market, once again 2. Jared Kushner pays $123M for N.J. apartments 3. Top 10 biggest real...
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10/19/15
Jared Kushner’s Kushner Companies scooped up a 308-unit apartment complex in Chatham Township, a wealthy suburban enclave in the developer’s home state of New Jersey,...
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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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10/07/15
Vornado Realty Trust signed Victoria’s Secret to a nearly 64,000-square-foot retail lease at 640 Fifth Avenue in Midtown, which will house the lingerie giant’s flagship...
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09/25/15
Jeffrey Kaye’s Stone Street Properties is following its acquisition of two Gramercy Park rental buildings with the $21.5 million purchase of another rental property, at...
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09/24/15
Jeffrey Kaye’s Stone Street Properties just closed on the acquisition of two Gramercy Park rental buildings, at 210 and 220 East 22nd Street, for a...
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09/24/15
Keg party at 222 Broadway, everyone! Fortune magazine placed WeWork’s co-founder Adam Neumann atop its ranking of business leaders under the age of 40, ending...
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09/21/15
Maybe it’s a better investment than a hockey team in South Florida? Panthers owner Vincent Viola has scooped up a 12-story rental building from Brooklyn...
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09/21/15
Helen Hwang, a top broker at Cushman & Wakefield, is the latest to join Meridian Capital Group’s new investment sales division, The Real Deal has...
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09/17/15
From his first job, building industrial buildings in New Jersey, to heading a company with a market cap of $17 billion, Vornado Realty Trust’s Steven...
From left: Jared Kushner, Steven Roth and 666 Fifth Avenue in Midtown
09/11/15
Development giants Steven Roth of Vornado Realty Trust and Jared Kushner of Kusher Companies are quietly preparing plans for a radical overhaul of 666 Fifth Avenue...
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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, Managaing Director
666 Fifth Avenue, New York, NY, (212) 527-7000
Laurent Morali is managing director at Kushner Companies, the privately-held and family-owned real...
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....
  • Event Sales
  • Address 321 West 44th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 228,268
  • Price $ 95,000,000
  • Publication Date 02/01/2013
  • Event Date 12/23/2012
  • Party 1 Jared Kushner
  • Party 1 Brokerage CBRE
  • Party 1 Broker Darcy Stacom
  • Party 2 East End Capital, GreenOak Real Estate
notes
The property sold for $95 million, the New York Post reported. The New York Observer occupies the building's sixth floor.
  • Event Sales
  • Address 120 MacDougal Street
  • Neighborhood Greenwich Village
  • Borough Manhattan
  • Price $ 53,000,000
notes
The package of buildings sold for $53 million, the New York Post reported. The properties, which have a combined 11 stores, are located at 54 Barrow Street, 120 MacDougal Street, 267 East 10th Street, 435 East 9th Street, 156 Sullivan Street, 311 East 11th Street and 311 East 6th Street.
  • Event Sales
  • Address 129 First Avenue
  • Neighborhood East Village
  • Borough Manhattan
  • Price $ 130,000,000
notes
The package of walk-up building sold for $130 million. The properties are located at 201 East 2nd Street, 23 Avenue A, 129 First Avenue, 143 First Avenue, 338-340 East 11th Street, 165-167 Avenue A, 500 East 11th Street, 504 East 12th Street, 191-193 Avenue A, 435 East 12th Street, 516 East 13th Street, 211 Avenue A and 49 and 1/2 First Avenue.
  • Event Sales
  • Address 700 Broadway
  • Neighborhood Noho
  • Borough Manhattan
  • Square feet 100,000
  • Price $ 80,000,000
notes
The 100,000 sf former headquarters of the National Audubon Society sold for $80 million. The seller purchased the building in 2006 for $53 million. The Society is relocating its offices to 225 Varick Street.
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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