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 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 20116 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.


01/13/17
Donald Trump was the elephant in the Waldorf Astoria hotel’s ballroom Thursday night, as Chinese and U.S. business leaders gathered for a gala dinner and...

01/11/17
In his first press conference since the election, President-elect Donald Trump announced that he will not completely divest from his vast business holdings and would...

kush-bros-feat
01/10/17
...Jared Kushner, Joshua Kushner and 666 Fifth Avenue Jared Kushner, who is set to join Donald Trump's administration as a...

01/10/17
...Current reader favorites: 1. Jared Kushner set to step down as CEO of Kushner Cos. 2. Paydirt...

01/09/17
...The White House and Jared Kushner Jared Kushner will join his father-in-law’s administration as senior adviser to...

01/09/17
...From left: Rendering of 50 Hudson Yards, Jared Kushner (credit: Getty Images) and 40 Wall Street The era of the...

01/09/17
...German magnates who actually own Trump’s most valuable building 2. Jared Kushner set to step down as CEO of Kushner Cos. 3. Real...

01/08/17
...Jared Kushner, 666 Fifth Avenue and Wu Xiaohui of Anbang UPDATED, 4:02 p.m...

01/04/17
...From left: Jared Kushner, Michael Fascitelli and Josh Kushner Michael Fascitelli has taken over...

01/04/17
President-elect Donald Trump is ready to face the press. Tags: Donald Trump, trump organization ...

01/03/17
...From left: 2449 Tracy Place Northwest, Jared Kushner and Ivanka Trump (credits: Washington Fine Properties and Getty Images...

12/30/16
“Could I begin life again,” John Jacob Astor is said to have declared, “knowing what I now know, and had money to invest, I would...

12/29/16
...credit: Google Maps), Criterion’s Chuck Rosenzweig (credit: Cornell) and Jared Kushner Kushner Companies, CIM Group and LIVWRK secured a $187 million acquisition...

12/28/16
A converted Williamsburg warehouse that was once the base of operations for a prominent bourbon distributor was the priciest condominium filing approved by the New York...

12/21/16
...Jared Kushner (credit: Getty Images) Donald Trump hasn’t agreed to sell...

12/21/16
The real estate tech industry in 2016 could be summed up in one phrase: the big kids took over the playground Though there was a...

12/21/16
...at 85 Jay Street, CIM's Shaul Kuba (Credit: Getty Images) and Jared Kushner CIM Group, Kushner and LIVWRK this week closed on the...

12/19/16
A whole new cohort of millionaires (and billionaires) is headed to the nation’s capital next month, and local real estate brokers are banking on them...

12/19/16
...From left: Charles, Josh (credit: Getty) and Jared Kushner Jared Kushner and his family are worth an estimated $1.8 billion, roughly half...

12/14/16
A decade-long campaign to block unfettered development in Manhattan’s South Village came to a close yesterday, with the Landmarks Preservation Commission voting to designate the...

12/13/16
The meaning of the three letters in CIM Group’s name is one of real estate’s best-kept secrets. But it might as well stand for Condos...

12/12/16
Kevin Hoo’s Cove Property Group scored $220 million in financing for the acquisition of 441 Ninth Avenue, a large office building on Manhattan’s Far West...

12/09/16
...Jared Kushner and his wife, Ivanka,congratulate Donald Trump after his victory...

12/08/16
...absence from the company and head to Washington with husband Jared Kushner, whose official role in the upcoming Trump White House is...

12/07/16
Cipriani in Midtown was abuzz Tuesday night as hundreds of the city’s most powerful brokers, developers and lenders descended on law firm Fried Frank’s annual...
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Kushner Studios, Architect
390 Broadway, New York, NY, (212) 965-0914
...
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....
  • 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
notes
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  • 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
notes
[EMPTY]
  • 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.

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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