Kushner Cos. pays $39M for Soho retail condo, continuing buying spree

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More than a dozen current and former residents of the building told The Associated Press that they believe the Kushner Cos.’ relentless construction, along with rent hikes of $500 a month or more, was part of a campaign to push tenants out of rent-stabilized apartments and bring high-paying condo buyers in.

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An AP investigation found that over the past three years, more than 250 rent-stabilized apartments – 75 percent of the building – were either emptied or sold as the Kushner Cos. was converting.

Kushner Cos. pays $39M for Soho retail condo, continuing buying spree285 lafayette street, Ashkenazy Acquisition’s Ben Ashkenazy and Kushner Companies’ charles kushner (credit: google maps and Sasha Maslov for The Real Deal) Kushner Companies has acquired a Soho retail condominium, continuing a buying spree that includes a major residential portfolio last month.

Kushner Cos. pays $39M for Soho retail condo, continuing buying spree June 5, 2019 Cuomo’s office questions whether Senate Democrats have votes for rent reform bills June 5, 2019 Commercial Observer

Kushner Companies has acquired a Soho retail condominium, continuing a buying spree that includes a major residential portfolio last month. Kushner paid $39 million for the 31,500-square-foot space at.

LONG BRANCH – Kushner Cos. has purchased the Bungalow Hotel, located at Pier Village on the beachfront, the real estate group announced Tuesday. The trendy 24-room boutique hotel opened in 2009.

Kushner Cos. pays $39M for Soho retail condo, continuing buying spree. Kushner Companies has acquired a Soho retail condominium, continuing a buying spree that includes a major residential portfolio last month.

Kushner Tenants: We Were Pushed Out for Luxury Condo Buyers Banging, drilling, dust, rats: Kushner Cos. tenants say relentless construction was used to push them out for luxury condo buyers.

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Kushner Cos. pays $39M for Soho retail condo, continuing buying spree Source: The Real Deal New York

More than a dozen current and former residents of the building told The Associated Press that they believe the Kushner Cos.’ relentless construction, along with rent hikes of $500 a month or.

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