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 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.


04/17/17
...Jared Kushner (Credit: Getty Images) Jared Kushner is in advanced talks to sell his share in WiredScore, a Soho-based real estate...

04/07/17
...Jared Kushner and Sergey Kislyak (Credit: Getty Images) Jared Kushner failed to disclose meetings with Russia’s ambassador and the head of a Russian...

04/06/17
...far from doomed -- thanks in part to Jared Kushner’s influence in the White House. “You have someone connected to the President,” he...

04/03/17
...Business in which he chastised critics of Cohn, Jared Kushner and Ivanka Trump. “Those guys are more Democrat, candidly, then they even are Republican...

04/03/17
...also described himself as “very, very close to Jared Kushner.” A representative for Sitt and Thor declined a request for comment. The White House...

04/01/17
...White House senior adviser Jared Kushner will continue to hold personal stakes, possibly worth more than $150 million, in at least...

03/31/17
...Jared Kushner and Bill de Blasio (Credit: Getty Images) Having a New Yorker in the White...

03/31/17
...Kushner Companies CEO and current White House adviser Jared Kushner. According to Kushner attorney Jamie Gorelick, Seryl controls the family trust that Jared has...

03/30/17
...From left: Jared Kushner, Aby Rosen and rendering of Dumbo Heights In a $600 million deal, Kushner Companies, RFR...

03/30/17
...journalists were worried that the ownership's ties to Jared Kushner may spook sources from communicating with them in the new office. Laurent Morali became...

03/29/17
...S. government to avoid potential conflicts of interest. Jared Kushner recently left the family company to work as a senior adviser in Donald Trump...

03/29/17
...became head of Kushner Companies in January after Jared Kushner, who had been the CEO of the development firm for over a decade, stepped...

03/27/17
...Jared Kushner (Credit: Getty Images) Senate investigators in Washington are planning to ask Jared Kushner if...

03/24/17
...an enormous premium. Though Senior White House Adviser Jared Kushner has resigned from Kushner Companies, a successful deal with Anbang at 666 Fifth would “open...

03/22/17
...of Zaha Hadid’s 666 Fifth,Wu Xiaohui and Jared Kushner(Click to enlarge) Kushner Companies’ 666 Fifth Avenue has been losing money for three years...

03/21/17
...such investment plans. Though Senior White House Adviser Jared Kushner has resigned from Kushner Companies and announced the sale of his stake in 666 Fifth...

03/21/17
...Jared Kushner, The Guardian's Lee Glendinning and Dumbo Heights (Credit: Kushner/LIVWRK/RFR) The Guardian's U...

03/20/17
...up to see the president and his son-in-law Jared Kushner, they sure are being discreet. “I don’t see them very often,” said Jonathan...

03/16/17
...Fifth Avenue, Wu Xiaohui and Jared Kushner (Credit: Getty Images) The deal that put Jared Kushner on the map also nearly...

03/14/17
...S. by a mile. Senior White House Adviser Jared Kushner announced in January that he sold his stake in 666 Fifth Avenue to a trust...

03/13/17
...startup Cadre, which he founded with Josh and Jared Kushner in late 2014. The 45-person company, which connects institutional investors with real estate deals that...

03/13/17
...From left: Jared Kushner, 666 Fifth Avenue and Anbang’s Wu Xiaohui Anbang Insurance Group is buying a stake...

03/08/17
...of them." Trump's son-in-law and White House adviser Jared Kushner was in the news recently for his own business ties to China. Before leaving...

03/06/17
...Jared Kushner and 229 West 43rd Street The White House recently confirmed that Jared Kushner, President Trump...

02/27/17
...President Donald Trump and Jared Kushner (Credit: Getty Images) Jared Kushner, the president's son-in-law and the heir to a family...
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...
  • 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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