Jared Kushner’s Low-Income Renters Aren’t His Biggest Fans
With its gleaming headquarters on Manhattan’s Fifth Avenue and a bevy of luxury apartment complexes, Kushner Companies has a decidedly upscale feel.
But the real estate firm – once headed by President Trump son-in-law Jared Kushner – owns thousands of low-income units.
According to a report in The New York Times, these aren’t the happiest customers, with many on the receiving end of aggressive lawsuits.
Hundreds of tenants in the Baltimore area have been hounded for unpaid fees or rent, even when the truth seems to be on the tenants’ side.
Kushner Companies acquired many of the units more than a decade ago, when it was looking for a steady source of cash flow to finance its moves into the luxury market.
Kushner himself, now a White House senior adviser, has bragged about how much money he can pull out of low-income units.
“It’s proven over the last few years to be the most resilient asset class, and at the end of the day, it’s a very stable asset class,” he said.
“It was a lot of construction and a lot of evictions… But the communities now look great, and the outcome has been phenomenal.”
Contact Daniel J. Solomon at [email protected] or on Twitter @DanielJSolomon
The Forward is free to read, but it isn’t free to produce
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward.
Now more than ever, American Jews need independent news they can trust, with reporting driven by truth, not ideology. We serve you, not any ideological agenda.
At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse.
This is a great time to support independent Jewish journalism you rely on. Make a gift today!
— Rachel Fishman Feddersen, Publisher and CEO
Support our mission to tell the Jewish story fully and fairly.
Dive In
-
Fast Forward Why a random Jewish college basketball coach is beefing with LeBron James
-
Fast Forward Jewish groups compare Trump to Pharaoh, ask New York leaders to resist immigration order
-
Fast Forward Hamas official says bodies of Bibas family will return to Israel on Thursday
-
Fast Forward Kanye West, back on X again, says he is ‘not under Jewish control anymore’
Most Popular
- 1
Fast Forward Why the Antisemitism Awareness Act now has a religious liberty clause to protect ‘Jews killed Jesus’ statements
- 2
Culture Trump wants to honor Hannah Arendt in a ‘Garden of American Heroes.’ Is this a joke?
- 3
Fast Forward The invitation said, ‘No Jews.’ The response from campus officials, at least, was real.
- 4
News Why Zohran Mamdani believes he’ll win over Jewish voters, as Israel critic surges to second behind Cuomo in NYC mayoral race
In Case You Missed It
-
Fast Forward The fires in Israel are under control — but debate is raging over their cause
-
Fast Forward Argentina declassifies more than 1,800 files on Nazi escape via ‘rat-lines’ to South America
-
Fast Forward Betar USA founder banned from World Zionist Congress over feud with Israeli firebrand Shai Davidai
-
News School Israel trip turns ‘terrifying’ for LA students attacked by Israeli teens
-
Shop the Forward Store
100% of profits support our journalism
Republish This Story
Please read before republishing
We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines.
You must comply with the following:
- Credit the Forward
- Retain our pixel
- Preserve our canonical link in Google search
- Add a noindex tag in Google search
See our full guidelines for more information, and this guide for detail about canonical URLs.
To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.