Kushner Real Estate Group is a leading player in the US real estate market, with a significant presence in major cities like New York and New Jersey.
Founded in 2007, the company has grown rapidly under the leadership of its president, Jared Kushner.
Kushner Real Estate Group's portfolio includes a diverse range of properties, from office buildings and retail spaces to multifamily residential complexes and industrial facilities.
The company's focus on urban revitalization has led to the redevelopment of several underutilized areas in cities like Jersey City and Newark.
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Kushner Real Estate Group
Kushner Real Estate Group is a leading real estate development and management company, with a portfolio of over 500 properties across the United States.
The company was founded by Jared Kushner, who is also a prominent businessman and former White House advisor.
Kushner Real Estate Group has a significant presence in New York City, with a focus on luxury residential and commercial developments.
The company's most notable project is the 41-story luxury apartment building at 666 Fifth Avenue, which was acquired by Kushner Companies in 2007.
This building is located in Manhattan's Midtown neighborhood and features a unique architectural design.
Kushner Real Estate Group has also developed several other notable properties in New York City, including the luxury rental building at 184 Kent Avenue in Brooklyn.
The company's real estate holdings also include a significant stake in the 41-story building at 666 Fifth Avenue, which was valued at over $1.8 billion in 2017.
Kushner Real Estate Group has a reputation for developing high-end properties that attract top-tier tenants and residents.
The company's focus on luxury developments has helped establish it as a major player in the New York City real estate market.
Kushner Real Estate Group has a diverse portfolio of properties, including residential and commercial buildings, as well as retail and office space.
The company's properties are managed by a team of experienced professionals who provide top-notch services to residents and tenants.
Kushner Real Estate Group's commitment to quality and customer service has helped build a loyal following among residents and tenants.
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Recent Developments
KRE Group has landed a significant $175 million in construction financing for the first phase of Artwalk Towers in Jersey City.
The development, which will feature 595 units, is part of a broader 1,189-unit project.
The first phase will stand 49 stories tall and include units ranging from studios to three-bedroom apartments.
Planned amenities include a gym, coworking spaces, and a rooftop with a pool and sundeck.
A gallery with 6,000 square feet of commercial space is also part of the development.
Handel Architects is designing the luxury development, which is expected to be completed in 2027.
The 55-story adjacent building is expected to begin construction after the first phase is finished.
KRE Group received approval for the project from the Jersey City Planning Board in October 2022.
The development is located across from the Journal Square PATH Station and behind the historic Loew’s Jersey Theatre.
The mayor proposed a 30-year tax abatement for the project in September.
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In return, the development would feature a 100,000-square-foot art museum.
Northern New Jersey has seen a surge in multifamily development, with 7,400 units delivered so far this year.
Jersey City has been a major hub for this development, with nearly half of the units delivered in the region.
The projected northern New Jersey pipeline includes 29,500 units, with 7,500 in Jersey City.
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