Friday, January 19, 2018

Jared Kushner needs lawyers and money ... guns optional

By Mark Sumner 
Tuesday Jan 16, 2018 · 4:30 PM EST

After multiple instances in which Jared Kusher’s family attempted to trade on his role in the Trump White House to sell United State visas and a failed multibillion-dollar deal to bring a Chinese company in to save Kushner’s 666 Fifth Avenue disaster comes word Kushner was warned that one of his friends was using him as a tool for the Chinese government.

U.S. counterintelligence officials in early 2017 warned Jared Kushner, President Donald Trump’s son-in-law and senior adviser, that Wendi Deng Murdoch, a prominent Chinese-American businesswoman, could be using her close friendship with Mr. Kushner and his wife, Ivanka Trump, to further the interests of the Chinese government, according to people familiar with the matter.

Kushner’s pal was promoting a project that installed a 70-foot tall tower on high ground overlooking the heart of Washington, D.C.  It doesn’t seem that Kushner was concerned by the briefing. But then, Kushner is just a bit desperate.

Jared Kushner’s $7.5 billion plan to transform a Manhattan skyscraper into a mix of high-end residences and retail has been deemed “not feasible” by the project’s partner, putting the future of the property — saddled with $1.2 billion in debt — in doubt.

The 666 Fifth Avenue purchase is one of the greatest white elephants in real estate history. Unable to unload the property, Kushner has been beating the world’s bushes in an increasingly hopeless search for funds.

It’s just the kind of pressure that makes Kushner an excellent target for anyone who needs an in with Trump.

Jared Kushner is the man who was going to do everything—but has done nothing. Nothing, that is, except hang out with a Saudi prince and give tacit approval to a brutal consolidation of power. The opioid crisis? It seems Kushner hasn’t had a chance to look into that. Remaking the federal government? Thankfully unconsidered. Middle East peace? He doesn’t have to worry about that one so much, since Trump has decided that people who aren’t nice to him don’t deserve to live.

But it’s hard to worry about getting things done when you’re facing a kind of personal Armageddon.

Bloomberg sources say that Vornado chairman and CEO Steve Roth is now signaling investors to prepare for more modest renovations than expected. Depending on how plans are refinanced and renegotiated, the Kushner Co. could lose control of the building.

Or, putting that a little less gently ...

Jared Kushner’s family is screwed, and it’s all boy wonder’s fault …

In fact, Roth, who has said 666 Fifth “would be worth a lot more if it was just dirt,” is reportedly so disenchanted that he’s sending a message to anyone who might still be interested in the Kushners’ plan to “back off.”

Read more
https://www.dailykos.com/stories/2018/1/16/1733334/-Jared-Kushner-needs-lawyers-and-money-guns-optional?detail=facebook

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