Wednesday, November 20, 2019

DIALING 666 - JARED KUSHNER


Dialing 666-Jared for dollars



In 2007 the Kushner family real estate investment firm purchased an office building at 666 Fifth Avenue in New York, often referred to as the “666 Building”. Rounded-off, the widely reported debt was a $500-million “balloon” note [i.e. due on a date certain].  Fortunately the family was able to purchase it at the height of the real estate boom in New York.  Unfortunately it proved to be a less than golden goose, and became something of a financial burden on the Kushner family.  In 2016 Jared Kushner, then ostensibly head of the family, was making on-going efforts to re-loan or un-load the “investment”.

In January 2017 first son-in-law Jared Kushner was appointed consigliore of the newly installed first family.  He “sold” his interest in the Kushner Investment firm to avoid the appearance of a conflict of interest.  But, he still had the 666 problem to resolve.  In his defense, though, he could now pursue a solution on the U.S. dime.

In spite of his extensive more-or-less official duties in the White House, Jared was “allegedly” able to find time to seek buyers, lenders, or investors for the 666 problem.  It is public knowledge that in his pursuit of a solution he visited Canada, his good friends in Saudi Arabia, and Qatar (a small, oil rich nation which is home to the largest American military base in the Middle-East).

A short time after Jared’s last visit to the Qatar it was unexpectedly announced by trump that the U.S. would be participating in a blockade of Qatar, which is apparently populated by some very bad people.

By pure coincidence certain Qatar businessmen (unrelated to their government, of course) found they were in desperate need of very long-term office space in New York.  So desperate, in fact, they signed a 99-year lease for space in 666 – a quite rare lease for NY.  Knowing none of them would be around that long, they pre-paid the entire lease (referred to in commercial NY real estate jargon as an “unprecedented” occurrence).  [For any not keeping score, this meant the Kushner family got all the money up-front but only had to declare 1/99 of it each year as income.]  The 666 problem being solved, the building was “sold”.  And all is well.

Some more interested researcher might follow-up on this, but it seems a bit unclear whatever happened to that U.S. blockade.

No Nepotism was committed in the writing of this narrative.  Any information contained herein -- whether in public domain or officially recorded with any County Clerk -- should not be used against any potential political foe; nor should any such information be disclosed by any “pro-MAGA” media.

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