News

Several Kushner Properties In New York City Are Under Investigation For Alleged ‘Illegal Activity’

(TIME) Bernard Condon, March 22, 2018 — New York City’s buildings regulator launched investigations at more than a dozen Kushner Cos. properties Wednesday following an Associated Press report that the real estate developer routinely filed false paperwork claiming it had zero rent-regulated tenants in its buildings across the city.

The Department of Buildings is investigating possible “illegal activity” involving applications that sought permission to begin construction work at 13 of the developer’s buildings, according to public records maintained by the regulator. The AP reported Sunday that Kushner Cos. stated in more than 80 permit applications that it had zero rent-regulated tenants in its buildings when it, in fact, had hundreds.

The false filings were made while Kushner Cos. was run by Jared Kushner, now senior adviser to his father-in-law, President Donald Trump. The false filings were all signed by a Kushner employee, sometimes by its chief operating officer. None were signed by Jared Kushner himself.

Source: http://time.com/5210333/kushner-company-properties-investigated/?xid=homepage