Kushner Cos. Drop Out of Watchtower Deal

The Brooklyn Eagle reports that The Kushner Cos. have dropped out of a deal to buy 90 Sands St. (photo), a building owned by the Jehovah’s Witnesses. Kushner Cos. has purchased a handful of properties that used to belong to the religious organization.

The company, which was headed by Jared Kushner until he stepped away to serve as senior adviser to his father-in-law, President Donald Trump, and its investment partners agreed in 2013 to purchase 90 Sands St. as part of a package of Watchtower properties.

The plan was for the Jehovah’s Witnesses to continue to use the hotel until 2017, then close on its sale.

Now, one of Kushner Cos.’ investment partners, RFR, has made the hotel purchase on its own.

According to the article, Kushner Cos. and its investment partners have spent $1 billion on purchases of Watchtower properties.

Get the full story at the Eagle

Photo: C. Scales for BHB.


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  • CassieVonMontague

    Repercussions of Kushner Co.’s terrible 666 Fifth Ave deal?

  • Jorale-man

    He’d rather focus on being a slumlord to stabilized renters while abetting his father-in-law’s dictatorial aspirations.

  • Andrew Porter

    The photo is not 90 Sands Street; that’s the complex on Columbia Heights and Furman Street.

    Here’s the 90 Sands Street building, at the extreme left in this photo:


  • Teresa

    Of course it’s not 90 Sands St. We didn’t have one, & we don’t use photos without permission

  • http://fugenx.com/mobile-application-development-company-in-chicago-illinois/ jackluter

    short and sweet information.

  • http://selfabsorbedboomer.blogspot.com/ Claude Scales

    To eliminate any confusion, I’ve taken a photo of 90 Sands and substituted it for the other photo.

  • Paul Revere

    Somewhere along the line, I knew someone would start Trump bashing….can we stay on Heights related concerns?