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The company run by Jared Kushner’s family is close to getting a bailout

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Thu, 17 May 18 11:14 PM | 50 view(s)
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The company run by Jared Kushner’s family is close to getting a bailout of its troubled flagship tower by a company tied to Qatar’s government
Thursday, May 17, 2018 12:51 PM EST
The company controlled by the family of the White House adviser Jared Kushner is close to receiving a bailout of its financially troubled flagship building by a company with ties to the government of Qatar, according to executives briefed on the deal.
Charles Kushner, head of the Kushner Companies, is in advanced talks with Brookfield Properties over a partnership to take control of the 41-story aluminum-clad tower 666 Fifth Avenue in Midtown, according to two real estate executives who have been briefed on the pending deal but are not authorized to discuss it.
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