Kushner Companies no longer seeking $150M in EB-5 for Jersey City project

Though widely believed to still be seeking $150 million through an immigrant visa program for its Jersey City skyscraper project, Kushner Companies ceased raising money through the EB-5 visa program eight months ago, according to multiple people familiar with the decision at the time. The company was sharply criticized in May after the sister of[…]

After a sweet deal with dad, Eric Trump assembles a valuable penthouse

This story was co-published with ProPublica. President Trump’s son Eric is preparing to capitalize on a windfall he received from his father during the presidential campaign: He’s combining three luxury Manhattan high-rise apartments, one of which he purchased at a throwaway price from his father, into one potentially lucrative penthouse. In the spring of 2016,[…]

These were the largest Manhattan real estate loans in October

The top Manhattan real estate loans recorded in October include refinancing, retail and residential deals, collectively hitting more than $2.8 billion of debt volume, according to analysis of loan filings by The Real Deal. Goldman Sachs and Deutsche Bank’s move on One Worldwide Plaza was by far the largest, but loans behind rental towers, construction[…]