Kushner Companies, Trump Organization In Talks About Hotel Business Deal

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The family company of President Trump’s son-in-law and senior adviser Jared Kushner has reportedly been in talks with the Trump Organization over a possible business deal around the construction of oceanfront property in New Jersey.

The New York Times reports that Kushner Companies and the Trump Organization have signed a letter of intent declaring the Trump Organization’s plan to manage a hotel at the center of the Kushner Companies’ $283 million expansion of of Pier Village in Long Branch, N.J.

Kushner, who sold some of his holdings in the Kushner Companies before joining his father-in-law’s administration, still maintains an ownership stake in the New Jersey development.

 

Read more at The Hill.

{Matzav.com}

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