The Kushners are set to get 400 million dollars from a Chinese buyer for their Marquee tower on 5th Ave. The company is owned by Donald Trump’s son in law The Chinese company is investing in the Kushner’s marquee Manhattan office tower that is located at 666 Fifth Ave. The transaction is regarded to be heavily in favor of the Kushners.
- The planned $4-billion transaction includes terms that some real estate experts consider unusually favorable for the Kushners.
- It’s unclear whether the deal could prompt federal review, as occurred when Anbang bought other properties
- Kushner Cos. declined to discuss details of the plan or name the potential lenders or investors it is courting, saying the deal is not finalized.
“A company owned by the family of Jared Kushner, President Donald Trump’s son-in-law and senior adviser, stands to receive more than $400 million from a prominent Chinese company that is investing in the Kushners’ marquee Manhattan office tower at 666 Fifth Ave.”
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