Rent in DC was never cheap, but Jared Kushner and Ivanka Trump really splurged with their 7,000-square foot rental in Washington’s Kalorama neighborhood.
According to documents obtained by the Wall Street Journal, Kushner and Trump are paying $15,000 in rent, a pretty significant amount for two federal government employees.
However, with an estimated net worth of more than $700 million, the young couple is not likely to have problems making the monthly rent payments.
Real estate agents told the WSJ that $15,000 a month is a in line with other similar properties in the neighborhood, though one expert noted that the rent represents a “terrible investment” for billionaire Chilean landlord Andrónico Luksic, who bought the house last summer for $5.5 million.
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Jared And Ivanka Paying $15,000 A Month For DC Home
Nathan Guttman, staff writer, was the Forward’s Washington bureau chief. He joined the staff in 2006 after serving for five years as Washington correspondent for the Israeli dailies Haaretz and The Jerusalem Post. In Israel, he was the features editor for Ha’aretz and chief editor of Channel 1 TV evening news. He was born in Canada and grew up in Israel. He is a graduate of the Hebrew University of Jerusalem.