Kushners to make $400M from Chinese firm in real estate deal
  • 7 years ago
A real estate company owned by Jared Kushner, the son-in-law of President Trump, is set to make $400 million in a real estate deal with a Chinese firm. China's Anbang Insurance Group, that has alleged ties to families of the Communist Party, is investing in a Manhattan building owned by the Kushners. The firm is looking to transform the central tower into luxury condominiums or a chic retail plaza. The potential agreement has sparked a debate regarding conflicts of interest, as Kushner oversees American foreign policy as Trump's senior advisor.