Kushners Give Up Control of Manhattan Tower to Save Themselves

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The Kushners have found their out — and it comes at a price. The family firm of presidential son-in-law Jared Kushner will be relieved of the biggest drag on its real estate empire, will no longer face a $1.2 billion debt payment due in months, will be rid of having to overhaul an aging property. […]

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Kushners Unload 666 Fifth Ave. to Brookfield in 99-Year Lease

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The Kushner family’s real estate company has secured a crucial investment in its over-leveraged New York skyscraper, reaching a deal to lease the building’s office space for 99 years to a Canadian asset manager. The arrangement with disclosed. The Kushner family’s years-long hunt for a partner has at times drawn intense public scrutiny, as talks […]

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Should the Upper Middle Class Take the Biggest Tax Hit?

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Humans learn the concept of fairness at a very young age. After all, it doesn’t take long for a child to start whining about a sibling who gets an extra serving of ice cream. As the Republican-controlled Congress tries to push through tax reform this year, one group of Americans may similarly question why it’s coming up a scoop […]

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Landlord troubles: rich San Franciscans in uproar after their private street is sold

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Residents of one of the citys most exclusive neighborhoods got a surprise taste of its infamous housing woes after their private road was sold at auction For most San Franciscans accustomed to being at the whims of speculators in a move to Los Angeles or public auction of tax-defaulted properties in April 2015. The pair […]

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