hem would be 666 Fifth Avenue, the hulking office and retail building he bought for a record $1.8 billion in 2007. Kushner Companies, however, has no plans to sell 666 Fifth at this time, a spokesperson added.
On Saturday, the Times reported that Kushner had engaged in a series of talks with Wu Xiaohui, the chairman of Anbang Insurance Group, an opaque Chinese conglomerate that owns the Waldorf Astoria. On Nov. 16, just days after the election, Kushner met with Wu at a private dining room in the Waldorf, according to the newspaper. The two were hammering out a deal to bring in Anbang as a joint-venture partner on 666 Fifth, and Wu expressed a desire to meet Trump.
The Times report illustrates the web of potential conflicts of interest that Kushner, 35, could face in a Trump administration. He is said to be Trump’s closest adviser, having a hand in everything from Trump’s pick of Goldman Sachs president Gary Cohn as chief economic adviser, to his policies on Israel.
“When Trump has questions or wants to talk to someone who he really trusts and respects, I would imagine he’ll call Jared,” Robert Ivanhoe, Kushner’s longtime real estate attorney, told The Real Deal just after the election in November.
In New York, Kushner Companies has made at least $3 billion worth of acquisitions since 2005, according to Real Capital Analytics. These deals include a large multifamily portfolio in the East Village, the $340 million purchase of the Watchtower Building in Dumbo, and the $345 million purchase of a nearby development site at 85 Jay Street.
Matthew Sanderson, former general counsel to Senator Rand Paul’s presidential campaign, told the Times that Kushner’s negotiations with Anbang, though they “might not be illegal under the conflict-of-interest rules,” do “raise a strong appearance that a foreign entity is using Mr. Kushner’s business to try to influence U.S. poli爱上海同城对对碰