Jared Kushner, under scrutiny because of his connection to the Trump family, both in personal and professional levels, has run into more trouble. Even as he managed to sell off a troubled piece of real estate his former company holds, he still has to answer why some of his companies had an alarming 42 rule violation.
Kushner's companies, when asked by ABC News about the situation, didn't comment immediately. There are, however, allegations of tenant abuse that the companies managed to dispel. There had been cases where rent-regulated tenants are harassed by landlords to vacate despite paying below-market level rent. It is revealed by the US Department of Buildings, however, that this isn't the case with Kushner's companies.
These companies came under fire because of their inaccurate declarations. There are some cases where NYC developers or landlords have to disclose their rent-regulated tenants. These are when they need to acquire certain permits, like those needed in construction. The companies that Jared Kushner owned failed to disclose these tenants when it was investigated, there were hundreds of them in some buildings.
Meanwhile, Chicago Tribune reports on a Kushner company building that finally changed ownership. This structure, a source of political headaches, finally came under the ownership of a Canadian company. The deal will be finalized Friday, after weeks of expectation and following the revelation from the Brookfield Asset Management of Canada, the new owners.
Issues concerning 666 Fifth Avenue, where the property is found, has been hounding Jared Kushner. It had been important since turning senior White House adviser to the Trump administration. Incidentally, Jared Kushner is married to Ivanka Trump, the president's daughter.
To clear up issues, the company issued a statement that said Jared Kushner is not in the business of bullying tenants nor was it in his nature to deny tenants their rights. The track record of Kushner's companies speaks for itself, the statement further read, with developments having little to no complaints in the 30 years they've been doing business.
The company further stressed that such documents are not created in-house. If there were any people at fault, it was the third party companies; the statement cleared that Kushner's companies have always relied on third-party companies for their documentation and any mistakes, violations, or mishaps were always readily modified as soon as they are found.
