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Kushner Properties
Kushner Companies LLC is an American real estate developer in the New York City metropolitan area. The company's biggest presence is in the New Jersey residential market. A study published in December 2017 by ''Bloomberg News'' indicated that Kushner Companies owned a stake in over 60 buildings in New York City. Major holdings in the city include the Puck Building and the retail space at 229 West 43rd Street, as well as 666 Fifth Avenue until its 2018 sale. The company's headquarters were relocated to the GM Building Manhattan in 2020. History In 1985, Charles Kushner founded Kushner Companies along with his father, Joseph Kushner. In 2005, Charles Kushner was convicted of tax evasion and witness tampering, and served time in federal prison. As a result, he handed over the management of the company to his eldest son, Jared. Kushner Companies has received multiple loans from Israeli bank, Bank Hapoalim. The firm "received a roughly $30 million investment from Menora Mivt ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Puck Building
The Puck Building is a mixed-use building at 295–309 Lafayette Street in the SoHo, Manhattan, SoHo and Nolita neighborhoods of Manhattan in New York City, New York, U.S. The building was designed by Albert Wagner (architect), Albert Wagner in the Romanesque Revival architecture, Romanesque Revival style, with elements inspired by the German Rundbogenstil style. It is composed of two sections: the original seven-story building to the north and a nine-story southern annex. The Lafayette Street Elevation (architecture), elevation of the facade was designed by Herman Wagner in a similar style to the original building. The Puck Building is a New York City designated landmark and is listed on the National Register of Historic Places. The Puck Building occupies the block bounded by Lafayette, Houston Street, Houston, Mulberry Street (Manhattan), Mulberry, and Jersey streets. The red brick facade is divided vertically into Bay (architecture), bays of uniform width. The facade is also ...
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The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ...
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Jersey City
Jersey City is the List of municipalities in New Jersey, second-most populousTable1. New Jersey Counties and Most Populous Cities and Townships: 2020 and 2010 Censuses
New Jersey Department of Labor and Workforce Development. Accessed December 1, 2022.
city (New Jersey), city in the U.S. state of New Jersey, after Newark, New Jersey, Newark.The Counties and Most Populous Cities and Townships in 2010 in New Jersey: 2000 and 2010
, United States ...
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1 Journal Square
One Journal Square is a skyscraper complex under construction at Journal Square in Jersey City, New Jersey. It is the fourth tallest building by structural height in Jersey City, construction began in 2022 after significant delays. The first tower topped-out in 2024, while the second tower is under construction, with the entire project expecting completion in 2026. The complex includes twin 52-story high-rises over a 12-story base rising . History The land of the project had been vacant since 2009, and was bought in 2014. A previously approved design by Becker + Becker Associates was being developed by Harwood Properties. Construction was never started on the project and Harwood eventually sold the property to Kushner Companies in January 2015 for $27 million. An initial design consisted of two towers with roughly 3,000 residential units and 160,000 square feet of commercial space, but the project was scaled back in 2020. Construction began in 2022. The first tower was to ...
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Maryland
Maryland ( ) is a U.S. state, state in the Mid-Atlantic (United States), Mid-Atlantic region of the United States. It borders the states of Virginia to its south, West Virginia to its west, Pennsylvania to its north, and Delaware to its east, as well as with the Atlantic Ocean to its east, and the national capital and federal district of Washington, D.C. to the southwest. With a total area of , Maryland is the List of U.S. states and territories by area, ninth-smallest state by land area, and its population of 6,177,224 ranks it the List of U.S. states and territories by population, 18th-most populous state and the List of states and territories of the United States by population density, fifth-most densely populated. Maryland's capital city is Annapolis, Maryland, Annapolis, and the state's most populous city is Baltimore. Maryland's coastline was first explored by Europeans in the 16th century. Prior to that, it was inhabited by several Native Americans in the United States ...
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Menora Mivtachim
Menora Mivtachim is an Israeli insurance company that is publicly traded on the Tel Aviv Stock Exchange. History The company was founded in 1935 as General Liability Office and changed its name to ''Menora Mivtachim'' Holdings in 2006. It is headquartered in Tel Aviv, and its products include "life assurance, health insurance, car insurance, business insurance and personal insurance." In January 2018, it was described by The New York Times as "one of Israel's largest financial institutions." In 2009, The Israeli Ministry of Finance led a probe into Menora Mivtachim funds. In 2010, the company was fined $3.9 million (2010 USD) for issuing loans without requisite securities. Menora cooperated with the investigation and addressed the issues that surfaced. In 2017, Menora Mivtachim invested "roughly $30 million" in Kushner Companies, which was spent on "a Maryland development." The company also invested $60 million together with Canadian Solar Inc., to develop solar power projects ...
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Bank Hapoalim
Bank Hapoalim ( lit. ''The Workers' Bank'') is one of the largest banks in Israel, established in 1921. The bank offers a broad range of financial services to retail, corporate, and institutional customers, with a focus on retail banking services. It operates a network of more than 250 branches and offices in Israel and abroad. Bank Hapoalim is a prominent player in the Israeli banking sector, with a significant market share. The company is traded in the Tel Aviv Stock Exchange under the symbol POLI, and is part of the Tel Aviv 35 Index. Noam Hanegbi was appointed Chairman of the Board in 2025, and Yadin Antebi was appointed CEO in August 2024, succeeding former CEO Dov Kotler. History The bank was established in 1921 by the '' Histadrut'', the Israeli trade union congress (lit. "General Federation of Laborers in the Land of Israel") and the Zionist Organisation. The bank was owned by the '' Histadrut'' until 1983, when it was nationalized following the Bank Stock Crisis. ...
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Jared Kushner
Jared Corey Kushner (born January 10, 1981) is an American businessman and investor. He is a son-in-law of the president of the United States, Donald Trump, through his marriage to Ivanka Trump and served as a senior advisor in his father-in-law's first administration from 2017 to 2021. He was also director of the Office of American Innovation. For much of his career, Kushner worked as a real-estate investor in New York City, especially through the family business Kushner Companies. He took over the company after his father, Charles Kushner, was convicted for 18 criminal charges, including illegal campaign contributions, tax evasion, and witness tampering in 2005, although Charles was pardoned by Trump in 2020. Jared met Ivanka Trump around 2005, and the couple married in 2009. He also became involved in the newspaper industry after purchasing ''The New York Observer'' in 2006. He was registered as a Democrat and donated to Democratic politicians for much of his life but ...
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Witness Tampering
Witness tampering is the act of attempting to improperly influence, alter or prevent the testimony of witnesses within criminal or civil proceedings. Witness tampering and reprisals against witnesses in organized crime cases have been a difficulty faced by prosecutors; witness protection programs were one response to this problem. United States In the United States, the federal crime of witness tampering is defined by statute at , which is entitled "tampering with a witness, victim, or an informant." The statute is broad; the '' Justice Manual'' notes that it "proscribes conduct intended to illegitimately affect the presentation of evidence in Federal proceedings or the communication of information to Federal law enforcement officers" and applies to tampering with witnesses in "proceedings before Congress, executive departments, and administrative agencies, and to civil and criminal judicial proceedings, including grand jury proceedings." Witness tampering is a crime even if a pr ...
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Tax Evasion
Tax evasion or tax fraud is an illegal attempt to defeat the imposition of taxes by individuals, corporations, trusts, and others. Tax evasion often entails the deliberate misrepresentation of the taxpayer's affairs to the tax authorities to reduce the taxpayer's tax liability, and it includes dishonest tax reporting, declaring less income, profits or gains than the amounts actually earned, overstating deductions, bribing authorities and hiding money in secret locations. Tax evasion is an activity commonly associated with the informal economy. One measure of the extent of tax evasion (the "tax gap") is the amount of unreported income, which is the difference between the amount of income that the tax authority requests be reported and the actual amount reported. In contrast, tax avoidance is the legal use of tax laws to reduce one's tax burden. Both tax evasion and tax avoidance can be viewed as forms of tax noncompliance, as they describe a range of activities that intend to ...
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Joseph Kushner
Joseph Kushner (né Berkowitz; 10 October 1922 – 5 October 1985) was a Polish-born American real estate investor and developer. At the end of his career, he owned over 4,000 apartments, houses, and properties. He was the patriarch of the Kushner family and the paternal grandfather of Jared Kushner. Biography Kushner was born Joseph Berkowitz on 10 October 1922 in Navahrudak (Polish: Nowogródek), in what was then eastern Poland. In August 1945, he married Reichel "Rae" Kushner in Budapest. Rae Kushner was also from the city of Navahrudak, and is remembered for accompanying her brother and up to 360 others to escape through a tunnel from the Navahrudak Ghetto during the Holocaust. Joseph took his wife’s last name upon marriage. Charles Kushner was the chief benefactor of the Museum of Jewish Resistance. In the aftermath of the war, Navahrudak was transferred from Poland to the Byelorussian SSR of the Soviet Union under territorial changes dictated by the Potsdam Agreement. R ...
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