Brian Krassenstein

@krassenstein ↗

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Last Checked Dec. 13, 2022

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Tue May 21 19:47:15 +0000 2019

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Brian Krassenstein @krassenstein

- In 2007 Kushner Companies buys 666 5th for $1.8B - In July 2008 Kushner sells retail space beneath the 666 5th Ave building to Crown Acquisitions and Carlyle group for $525M — PolitiTweet.org

Posted May 21, 2019 Hibernated

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Brian Krassenstein @krassenstein

So some of you are thinking right now, “So what? Qatar’s investment fund bought a former Kushner property, big deal!” Before we get into why it’s a big deal, lets look at a brief history of these properties and companies involved: — PolitiTweet.org

Posted May 21, 2019 Hibernated

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Brian Krassenstein @krassenstein

- In 2011 Vornado Reality Trust acquires a 49.5% stake in 666 5th for just $80M, but participated in half the building’s $1.2B loan they took. - In July 2012 Vornado buys retail space beneath 666 5th Ave. from Carlyle and Crown for $707M — PolitiTweet.org

Posted May 21, 2019 Hibernated