In 2007, Kushner bought the landmark Manhattan building for $1.8 billion, putting down $500 million in cash raised largely by selling thousands of rental units the family had owned in New Jersey. It was widely regarded as overpriced at the time, and when the financial crisis hit, the value plummeted, wiping out much of the initial investment. The clock is now ticking toward a February 2019 deadline when a major mortgage payment will come due.
Since 2011, Kushner and his relatives have been searching the globe for a new investor. As recently as the spring of 2017, Charles Kushner, Jared’s father, asked former Qatari prime minister Sheikh Hamad bin Jassim al-Thani to invest in the building. Then in April 2017, Charles Kushner made a direct pitch to the Qatari government through the country’s minister of finance.
Qatar rejected the deal as not financially viable. In May, Trump traveled to Riyadh with Kushner, where the famous glowing orb photo was taken. In the wake of the meeting, Saudi Arabia, the UAE, and a handful of allied countries announced the blockade of rival Qatar, accusing it of fomenting terror. The crisis continues today.
“We could not understand why the Trump administration was so firmly taking the Saudis’ side in this dispute between the Saudis, the Emiratis, and Qatar, because the United States has very important interests in Qatar,†Sen. Chris Murphy, D-Conn., told George Stephanopoulos, host of ABC’s “This Week,†after The Intercept reported on Kushner Companies’ efforts to obtain financing from Qatar. Murphy was referring to Al Udeid Air Base in Qatar, home of U.S. Central Command, where thousands of U.S. troops are stationed.
“If the reason this administration put U.S. troops at risk in Qatar was to protect the Kushners’ financial interests, then that’s all the evidence you need to make some big changes in the White House,†Murphy said.
MBS is in Washington this week. On Tuesday, he was warmly received by Trump, who told reporters that the U.S.-Saudi relationship is “probably the strongest it’s ever been.â€
UPDATE 1: My source tells me the #Kandahar governor's bodyguards turned their guns on their own colleagues and U.S. military officials.
— Frud Bezhan ÙØ±ÙˆØ¯ (@FrudBezhan) October 18, 2018
Two Americans wounded and evacuated. Top U.S. commander in #Afghanistan present but unhurt, says NATO.
Quote by Scoopster:
Wowzers!![]()
UPDATE 1: My source tells me the #Kandahar governor's bodyguards turned their guns on their own colleagues and U.S. military officials.
— Frud Bezhan ÙØ±ÙˆØ¯ (@FrudBezhan) October 18, 2018
Two Americans wounded and evacuated. Top U.S. commander in #Afghanistan present but unhurt, says NATO.
REPORTER: Mr Secretary, why should Saudi Arabia be trusted to conduct a fair investigation of Khashoggi's death when they are suspected of murdering him?
— Aaron Rupar (@atrupar) October 18, 2018
POMPEO: "So, we're all going to get to see the work product... they made a personal commitment to me." pic.twitter.com/mnM0dsYzz4
#UPDATE: US Secretary of State Mike Pompeo has announced that the US office in Israel dealing with Palestinians is being merged into the controversial new US embassy in Jerusalemhttps://t.co/Y14wRxgk9V
— AFP news agency (@AFP) October 18, 2018
Quote by Scoopster:
Mnuchin's trip to that business conference in Saudi Arabia has been canceled.
Quote by Raine:REPORTER: Mr Secretary, why should Saudi Arabia be trusted to conduct a fair investigation of Khashoggi's death when they are suspected of murdering him?
— Aaron Rupar (@atrupar) October 18, 2018
POMPEO: "So, we're all going to get to see the work product... they made a personal commitment to me." pic.twitter.com/mnM0dsYzz4
Quote by Raine:
This seems like a monumentally bad idea.#UPDATE: US Secretary of State Mike Pompeo has announced that the US office in Israel dealing with Palestinians is being merged into the controversial new US embassy in Jerusalemhttps://t.co/Y14wRxgk9V
— AFP news agency (@AFP) October 18, 2018
Nebraska just changed their tourism motto today and I’m honestly loving the self-awareness pic.twitter.com/xpr2oj0For
— Cesen (@cesenmargeurite) October 17, 2018
Quote by Scoopster:
Rhode Island could really learn a thing or two about oddball tourism campaigns from Nebraska.![]()
Nebraska just changed their tourism motto today and I’m honestly loving the self-awareness pic.twitter.com/xpr2oj0For
— Cesen (@cesenmargeurite) October 17, 2018
🤬 pic.twitter.com/KUmJdL9LBp
— G O L D I E. (@goldietaylor) October 18, 2018
Quote by Scoopster:
Saudi ERRORS??? WHAT THE FUCKIN FUCK IS THAT?!
They're deliberately arresting, torturing, and murdering people. There's no way it's an error.