The Kushner Family

The Kushner clan is all over the map, at times literally.

The famous real estate family has spawned a network of companies. One, Kushner Real Estate Group, run by Jonathan Kushner, is hard at work on the Artwalk Towers in Jersey City’s Journal Square neighborhood. Work on the 1,189-unit megaproject is ongoing after the firm landed $175 million in construction financing from Kennedy Wilson in late 2024.

In the same New Jersey sandbox, Kushner Companies — not run by a Kushner, but by Laurent Morali — is forging ahead with a $200 million waterfront redevelopment in Perth Amboy. The project on an industrial site will see five buildings spring up with 600 market-rate apartments across the 15-acre parcel. Perth Amboy’s Planning Board approved the plan in January. (That isn’t to say the Kushners have let go of their flagship company; Nicole Kushner Meyer remains on as president.)

Staying in familiar ground seems beneficial to the Kushner entities, but venturing across the ocean is proving to be a more challenging endeavor.

After a stint in politics, Jared Kushner has taken the investment firm route, largely depending on the freewheel spending of his Middle Eastern allies. On the real estate front, he recently abandoned a Trump Tower project in Serbia that was mired in scandal and is at the forefront of an arguably more controversial plan to rebuild Gaza in a redevelopment play with a $50 billion price tag.

The family patriarch, Charles Kushner, is also out across the sea. Last year, the Senate confirmed Kushner as ambassador to France in a largely partisan vote. That came four years after Donald Trump pardoned Kushner following a prison sentence for a conviction on federal charges of tax evasion and making illegal campaign donations.

— Holden Walter-Warner