Jared Kushner | The Real Deal New York

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Jared Kushner

Kushner Companies
666 Fifth Avenue
New York, NY 10103
(212) 527-7000

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.

...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...

...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...

...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...

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

...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...

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

...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...

...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...

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

...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...

...Leitman Bailey told tenant to commit suicide: lawsuit 4. Jared Kushner looks to be still tied up in 229 West 43rd Street retail condo 5. Isaac Chetrit...

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

...Organization’s second-largest lender 5. White House power player Jared Kushner is keeping parts of his real estate empire...

...s quietest landlord dynasties 2. White House power player Jared Kushner is keeping parts of his real estate empire 3. Paydirt: The frightened herd of domestic...

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

...never her primary residence. Trump and her husband, Jared Kushner, lived in a four-bedroom penthouse in the building. The couple recently relocated to a...

...President Donald Trump’s son-in-law and senior adviser Jared Kushner, bought three units at the building for $12.5 million...

...FHFA's Mel Watt and Jared Kushner Kushner Companies has $568.8 million in loans backed by Fannie Mae and Freddie Mac outstanding...

...From left: Trump Bay Street, Liz Krueger, Jared Kushner and Donald Trump (Credit: Trump Bay Street and Getty Images) When the EB-5 visa...

...infrastructure spending. Vornado also has done business with Jared Kushner, having bought a 49.5 percent stake in 666 Fifth Avenue in 2011 and purchased retail space in...

...grappling with a rat problem at the moment. Jared Kushner...

...helping it reach its job-creation goals, and mentioned Jared Kushner’s own use of EB-5 for a project in New Jersey as evidence of...

...Jared Kushner and 184 Kent Avenue Kushner Companies' troubled Williamsburg rental building is now reportedly contending with...

...Current reader favorites: 1. Michael Cohen says so 2. When Jared Kushner came to dinner 3. The gap between luxury and non-luxury rentals is shrinking 4. Queens takes...

...Clockwise from left: Jared Kushner, RPM Italian, Tosca Ristorante, the Capitol Hill Club and Founding Farmers (Credit: Getty Images...
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
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
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
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
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.

...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...

...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...

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