The number in the address isn’t one I would choose, but I’m not part of the Trump family. CBS News:
It’s a 41-story tower in Midtown Manhattan that was supposed to be the crown jewel of the Kushner Companies real estate empire. The Kushners bought in 2007 for $1.8 billion… The purchase was orchestrated by a young Jared Kushner, who had taken over the company in 2005 when he father Charles Kushner, the company’s founder, was sentenced to jail in 2005 for tax evasion and witness tampering
Messy. But why is 666 Fifth Avenue an issue?
The short answer is that it’s bleeding money. The purchase was ill-timed, as the 2008 economic collapse dealt a body blow to the real estate industry generally and 666 Fifth Avenue specifically.
Jared Kushner wound up selling off bits and pieces of the property to keep the family company afloat. Now, however, the bill is fast approaching, and the Kushners’ dream of turning 666 Fifth Avenue into an opulent tower designed by the late architect Zaha Hadid is dependent on their finding a partner — soon.
Who has that much money? Russians? Chinese? Both? Methinks those Russian connections are very deep.