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 is the owner of the New York Observer, a newspaper, and principal at Kushner Companies, a multibillion-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 contribution, and retaliating against a witness, Jared became the public face of the company. In 2009, Jared married Ivanka Trump, daughter of Donald Trump; he was a leading adviser to Trump in the 2016 presidential race.

As a Harvard undergrad, 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.


09/21/17
...the Russian capital. In June 2016, Donald Trump Jr., Jared Kushner and Paul Manafort met with a Russian lawyer who promised dirt on Clinton, which...

09/20/17
...as special counsel Robert Mueller is looking into Jared Kushner’s finances. But the appraisal that enabled Kushner to borrow such a sum to...

09/13/17
...left: Avi Schron; Jake, Zoe and Justin Elghanayan; Jared Kushner and Nicole Kushner Meyer; Jed Walentas From the September issue: New York City has...

09/11/17
...Clockwise from top left: 85 Jay Street, Jared Kushner, Morris Adjmi, 92-23 168th Street, a rendering of the Gilder Center, Neil deGrasse Tyson...

08/31/17
...Fifth Avenue and Jared Kushner (Photo illustration by Lexi Pilgrim for The Real Deal) Kushner Companies' real estate kingdom...

08/29/17
...The current parking lot at 85 Jay Street, Jared Kushner and Morris Adjmi (Credit: Getty Images and LinkedIn) Kushner Companies’ plans for a large...

08/24/17
...From left: Risa Heller, Ivanka Trump and Jared Kushner (Credit: Getty Images) Crisis management guru Risa Heller has dropped Kushner Companies as a...

08/22/17
...Jared Kushner (Credit: Getty) Kushner Companies and its affiliates have sought the civil arrest of 105 former...

08/21/17
...use his powerful perch to attack senior adviser Jared Kushner, Vanity Fair reported. Could the three moguls be next in his crosshairs? The timing...

08/17/17
...Charlie Kushner, father to top White House adviser Jared Kushner and a major donor to Jewish causes, declined to comment. Adam Leitman Bailey, an...

08/15/17
...From left: Jared Kushner, Laurent Morali and 89 Hicks Street (Credit: Getty Images, CUNY TV and Google Maps) Kushner...

08/02/17
...Rendering of One Journal Square and Jared Kushner (Credit: Getty Images) New York federal prosecutors have issued a subpoena to Kushner Companies...

07/24/17
...Jared Kushner and 50 North 1st Street in Williamsburg (Credit: Getty Images and JDS Development) Jared Kushner's...

07/20/17
...From left: Jared Kushner, Robert Mueller, Paul Manafort, President Donald Trump and Trump Tower (Credit: Getty Images) In...

07/18/17
...Gorelick, an attorney to White House senior adviser Jared Kushner, in May donated $1,000 to Schneiderman, who is actively investigating the Eric Trump Foundation’s...

07/17/17
...controversial Trump University. And when Trump’s son-in-law, Jared Kushner, faced foreclosure on 666 Fifth Avenue, Barrack’s Colony, which was one of the debt...

07/14/17
...estate dynasty usually confers upon you princeling status. Jared Kushner, the 36-year-old son of developer Charlie Kushner, took over the family business when his...

07/13/17
...was until January led by presidential senior adviser Jared Kushner — put the "fully renovated" properties at 18 Sidney Place and 144 Willow Street on the market...

07/12/17
...When White House adviser and Donald Trump son-in-law Jared Kushner spoke publicly for the first time in his current role in June, many felt...

07/10/17
...From left: Jared Kushner, rendering of 666 Fifth Avenue and Sheikh Hamad bin Jassim al-Thani (Credit: Getty Images and...

07/03/17
...The Trump administration and presidential adviser and son-in-law Jared Kushner faced backlash in May after Kushner's sister, Nicole Kushner Meyer, invoked her family's ties...

06/21/17
...recently came under fire for making reference to Jared Kushner’s connections to the President Trump in a presentation to potential Chinese EB-5 investors...

06/20/17
...investment platform for real estate that's backed by Jared Kushner, recently closed a $65 million Series C round led by Andreessen Horowitz. That brought the...

06/20/17
...Jared Kushner may no longer be pulling the strings at his family's real estate company, but...

06/16/17
...From left: Laurent Morali, Patrick Leahy and Jared Kushner Jared Kushner has gone from head of a multibillion dollar real estate developer to...
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, 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, 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, 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, Principal
666 Fifth Avenue, New York, NY, (212) 527-7000
Nicole Kushner Meyer is the younger sister of Jared Kushner. She joined Kushner...
Kushner, 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 Studios, Architect
390 Broadway, New York, NY, (212) 965-0914
...
  • 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 East Village portfolio
  • Neighborhood Midtown
  • Borough Manhattan
  • Price $ 130,000,000
  • Event Sales
  • Address 321 West 44th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 228,268
  • Price $ 95,000,000
  • Price per foot $ 416.18
  • 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 Manhattan portfolio
  • Neighborhood SoHo
  • Borough Manhattan
  • Price $ 53,000,000
  • Event Sales
  • Address 700 Broadway
  • Neighborhood Noho
  • Borough Manhattan
  • Square feet 100,000
  • Price $ 80,000,000
  • Price per foot $ 800.00
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.

12/28/16
...Group Units: 338 Projected Sellout: $427.3 million Type: Conversion In 2015, Jared Kushner partnered with LIVWRK and the Rockpoint Group to buy this former manufacturing plant and...

12/21/16
...Cadre, $50M fundraising round From left: Cadre co-founders Jared Kushner, Ryan Williams and Joshua Kushner Cadre may not top this ranking, but it wins...

10/14/15
...From left: I-Fei Chang, Jared Kushner, John Liang, Boaz Gilad, Dvir Cohen Hoshen Brooklyn’s biggest condo developers have a...
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