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Trump’s Net Worth Rises to $3 Billion Despite Business Setbacks
President Donald Trump’s net worth rose to $3 billion, a 5% gain over the past year, thanks to a jump in the value of an office-building deal he once sued to prevent.
Kushner Buys 666 Fifth Stake, Ending Rocky Vornado Partnership
Kushner Cos. is buying Vornado Realty Trust out of 666 Fifth Ave., ending a rocky partnership and failed turnaround attempt for the aging and indebted office tower.
Kushners and Vornado Have Worst Year at Manhattan Office Tower
A Manhattan office tower co-owned by Kushner Cos. and Vornado Realty Trust had its worst year since the two firms became partners in the building in 2011.
Vornado Talk of Fifth Ave. Deal Seems to Catch Kushner Off Guard
Vornado Realty Trust says it has an informal agreement to sell its interest in Manhattan’s 666 Fifth Ave. to Kushner Cos., the firm run by the family of presidential son-in-law Jared Kushner.
Kushner Cos. in Talks to Buy 666 Fifth Ave. Stake From Vornado
Kushner Cos. is in negotiations to buy the 49.5 percent of a debt-laden office tower on Manhattan’s Fifth Avenue that it doesn’t already own from partner Vornado Realty Trust.