Can Jared and Ivanka join the club? They are senior White House aides…
Kushner Real Estate just blew a $4 billion deal to sell his company headquarters, 666 Fifth Avenue, to Chinese relatives of the late Chairman Deng Xiaoping.
Kushner grossly overpaid (a record-setting $1.8 billion) for the building in 2007, and needs to be rescued by outside investors to keep the troubled building afloat. Now $1.15 billion in debt and half empty, the building generates only 2/3 of the rent necessary to service the yearly interest on Kushner’s loan.