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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.

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...
  • Event Sales
  • Address East Village portfolio
  • Neighborhood Midtown
  • Borough Manhattan
  • Price $ 130,000,000
  • 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 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 Manhattan portfolio
  • Neighborhood SoHo
  • Borough Manhattan
  • Price $ 53,000,000
  • 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 700 Broadway
  • Neighborhood Noho
  • Borough Manhattan
  • Square feet 100,000
  • Price $ 80,000,000
  • Price per foot $ 800.00
  • Publication Date 02/01/2008
  • Event Date 12/23/2007
  • Party 1 Lincoln Property Co.
  • Party 1 Brokerage Cushman & Wakefield
  • Party 2 Jared Kushner
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.

12/29/2017
You should expect to see some giants rising in the outer boroughs over the next few years. A majority of the largest development projects startedYou should expect to see some giants rising in the outer boroughs over the next few years. A majority of the largest development projects started...

09/01/2017
From left: Avi Schron; Jake, Zoe and Justin Elghanayan; Jared Kushner and Nicole Kushner Meyer; Jed Walentas New York City has a long, storied tradition From left: Avi Schron; Jake, Zoe and Justin Elghanayan; Jared Kushner and Nicole Kushner Meyer; Jed Walentas New York City has a long, storied tradition...

12/28/2016
Clockwise from left: Vue Condominium at 1821 Emmons Avenue, Austin Nichols House at 184 Kent Avenue, Hendrik Condominium 509 Pacific Street, The Baltic at Clockwise from left: Vue Condominium at 1821 Emmons Avenue, Austin Nichols House at 184 Kent Avenue, Hendrik Condominium 509 Pacific Street, The Baltic at...

12/21/2016
Trump-whisperer Jared Kushner is the firm’s co-founder, and Peter Thiel, another Trump adviser, invested in the startup...

07/01/2016
Developer Jared Kushner and real estate investment trust Vornado Realty Trust â€' which own the 1.45 million-square-foot office portion of the 41-story tower â€' were reportedly kicking around Hadid’s design last summer...

10/14/2015
Coming in at No. 2 was Jared Kushner’s Kushner Companies and Asher Abehsera’s LIVRK, with 338 planned apartments at its conversion of the former Austin, Nichols and Co...

07/01/2015
Sotheby’s Nikki Field, for example, soared to No. 14 (from No. 68) with nearly $231 million in listings, up from $82 million last year. That jump was largely driven by one new development project that she’s marketing: Jared Kushner’s Puck Penthouses, which accounted for $123 million of her listings...

05/01/2015
Boardman also has the listing for a duplex at the Pierre Hotel, at 795 Fifth Avenue, that’s asking $70 million. Meanwhile, agent Nikki Field is marketing a $66 million penthouse at Jared Kushner’s Puck Penthouses, at 293 Lafayette Street...

04/01/2015
The project earned a Building Brooklyn Award in 2011 from the Brooklyn Chamber of Commerce for adaptive reuse. Jared Kushner, with partners LIVWRK and the Rockpoint Group, recently bought the building for $275 million...

08/01/2014
The expansion of Brooklyn Bridge Park has made Brooklyn Heights even more desirable for buyers Bidding wars. All-cash offers. Foreign buyers. Off-market sales. The telltale signs The expansion of Brooklyn Bridge Park has made Brooklyn Heights even more desirable for buyers Bidding wars. All-cash offers. Foreign buyers. Off-market sales. The telltale signs...

10/01/2013
“I expect the differential to shrink as begins to take shape,” said commercial broker Raymond Cecora of CIA Group, which represented Jared Kushner and CIM in their recent purchase of 2 Rector Street...

12/01/2011
Other assets include 209 unsold condos in the William Beaver House, a 47-story luxury tower in the Financial District; a stake in 11 Madison Avenue, a fully occupied Art Deco office tower; 737 Park Avenue, long one of the most coveted potential condo conversion sites in the city; and Trump Soho. And as The Real Deal went to press, it was announced that CIM had teamed up with Jared Kushner, principal of the Kushner Companies (and publisher of the New York Observer) to acquire 200 Lafayette Street, an office building in Soho, for $50 million...