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

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Sale of 285 Lafayette St on June 5, 2019 in New York, NY. Kushner Cos. pays $39M for Soho retail condo, continuing buying spree Source: The Real Deal New York

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Kushner Tenants Say They Were Ousted for Luxury Condo Buyers. and then the Kushners went on a selling spree. In 2017 alone, the company sold 99 apartments in the building, according to Jared.

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

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Deutsche Bank, Goldman Sachs and Wells Fargo have agreed to lend $1.4 billion to finance a Related Cos. partnership’s acquisition of an office condominium at a new 101-story tower in Manhattan’s massive Hudson Yards development.Related and its partner, Allianz Real Estate of America, are buying the 1.5-million-square-foot condo from.

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 the base of 285 Lafayette Street, according to the New York Post.The deal pencils out to around $1,400 a square foot on a blended average.