Nicole Kushner – the sister of Jared Kushner – was mostly on the sidelines until this week, when her attempt to raise real estate capital in China raised concerns about corruption and self-dealing. It’s a first for her – before now her brother Joshua and father Charles have gotten more attention as relatives of Jared….
New York real estate developers have found a new source of cash to finance their apartment complexes on the Tel Aviv stock market. Only four months into the year, Israeli investors have bought $1 billion in debt bonds from big names in Manhattan’s development game – including Jeff Sutton of Wharton Properties and Joel Warner…
Jared Kushner and his family business has now been linked to real estate transactions with an Israeli billionaire under investigation in four countries for bribery and corrupt practices. According to The New York Times, Kushner partnered in 2012 with Raz Steinmetz, whose family got rich in the diamond business, to purchase $190 million worth of…
Richard LeFrak and Steve Roth, New York real estate giants and members of President Trump’s working group on infrastructure, dished this week on how to rebuild the country’s aging roads, bridges and other facilities. Appearing at a Washington, D.C. event, the two could not nail down the specifics of the president’s proposal, even as LeFrak…
Retired subway skin guru Dr. Jonathan Zizmor is selling his West Side apartment for $1.46M — but the apartment could use — you guessed it! — a major facelift. Zizmor, whose kitschy “Dr. Z” subway ads made him a cult figure in New York, recently sold his Riverdale mansion for way less than the original…
David Wildenstein, the New York art heir, has finally settled on a buyer for his priciest-in-Manhattan townhouse, capping a years-long search for a buyer. According to the Real Deal, the property – located between Fifth and Madison Avenues on East 64th Street – went to a Chinese conglomerate for $79.5 million, shattering previous records for…
Chinese conglomerate Anbang Insurance Group is out of negotiations to redevelop the Manhattan headquarters of the Kushner family real estate empire, following concerns about its ability to provide the needed billions in capital and questions about possible foreign influence on ex-Kushner Companies head and now-White House adviser Jared Kushner. “Kushner Companies is no longer in…
As Kushner Companies plans a top-down renovation of its Manhattan headquarters, the real estate empire is losing tens of millions of dollars each year on the Fifth Avenue property, as vacancy rates remain high and the cost of debt service balloons. According to the Real Deal, after Citibank left the premises three years ago, the…
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