Kushner Cos property at 229 W 43rd (former New York Times bldg) is scheduled for June 30 foreclosure auction, after defaulting on loan payments

Kushner bought from Lev Leviev& #39;s AFI in 2015 for $296mil then refinanced for $370mil incl $285mil Deutsche loan https://commercialobserver.com/2020/06/paramount-triggers-ucc-auction-on-kushners-times-square-retail-condo/">https://commercialobserver.com/2020/06/p...
Kushner Cos bought 229 W 43rd property in fall 2015 for $296 million and soon after had it appraised for
$470 million, and then refinanced it with $370 million in loans - the $285 million loan from Deutsche Bank was made a month prior to the election https://twitter.com/WendySiegelman/status/1059941412442161153?s=20">https://twitter.com/WendySieg...
Leviev sold property to Kushner in 2015 for $296mil that soon after appraised at $470 mil - why did Leviev sell approx $170 million below appraised value?

Also...$ allegedly laundered in Magnitsky case bought properties from Leviev& #39;s AFI in NYC & Europe https://twitter.com/WendySiegelman/status/884605640005619716?s=20">https://twitter.com/WendySieg...
Rotem Rosen who previously ran Lev Leviev& #39;s AFI business in NYC was partner in Trump Soho and was married at Mar-a-Lago (also went to Miss Universe in Moscow in 2013 w/Trump and Rotem& #39;s ex-partner and ex-brother-in-law Alex Sapir) https://twitter.com/WendySiegelman/status/884605261822001158?s=20">https://twitter.com/WendySieg...
You can follow @WendySiegelman.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: