Kushner Companies Introduces Itself to the Community; Tensions Ensue

Posted on: April 18th, 2013 at 6:10 am by

kushner-crew-cb3

In one fell swoop, Kushner Companies became a major player in the East Village real estate game. Jared Kushner, owner of the Observer, purchased a portfolio of 17 buildings earlier this year, a move that no doubt affects the lives of hundreds in the neighborhood. Many are already taking the company to housing court. Anyway, last night was the first official introduction to the community.

It didn’t go over too well. Not with residents. Not with the Land Use subcommittee of Community Board 3. The Chief Operating Officer and Managing Director of real estate development represented the company, extending an olive branch, as it were, and pitching their intentions. Namely to create a “responsive, welcoming, and secure community” and to operate the buildings with “the same high standard.” Board members went on to grill the guests about policy toward possible future vertical enlargements and the relationship with rent regulated tenants. The response for both was pretty much that they intend to “follow the law” and that property additions would be considered from “time to time.”

[Photo: EV Grieve]

[Photo: EV Grieve]

The climax arrived when one East Village resident asked how anyone could trust Kushner after building an office without permits or variance for after-hours work.

For more extensive coverage on the Jared Kushner acquisitions and fallout, head over to EV Grieve.

Recent Stories

carhartt-lafayette
Five Years Later, Carhartt WIP is Moving Around the Corner to Lafayette Street

Five years after its SoHo debut on Crosby Street, Carhartt is moving its Work in Progress-branded store one block east. The company literally planted a flag at 284 Lafayette Street earlier this month, and contractors have been feverishly readying the space. An employee tells us that the store “outgrew its space,” so corporate decided to […]

32prince-church-condo
‘Archbishop Hughes Center’ Christened at Church-to-Condos Project on Prince Street

St. Patrick’s Old Cathedral School in Little Italy sold for $30.7 million in December 2013. The church cashed out its holdings – just one of five structures in the Old Cathedral complex – in order to finance upkeep and repairs on the others. Hamlin Ventures acquired the former orphanage/convent/parochial school and is currently converting into […]

mural_vega_final
There’s an Arturo Vega Retrospective Opening at Howl! Happening

Howl! Happening: An Arturo Vega Project (6 East 1st St. between Bowery and 2nd Ave.) will soon turn the spotlight on the late Mexican-born/East Village icon with a stunning visual homage entitled “Empire: An Arturo Vega Retrospective.” This exhibit will feature photography, collages, and several classic canvases from Vega’s Supermarket and Silver Dollar series. Additionally, […]

282grand-1
200-Year-Old Row of Federal Houses on Grand Street to be Razed for this 8-Story Gallery-Condo Building

Gentrification, visualized, as the eastern fringe of Chinatown Grand Street is willed to become the new art destination. To fulfill the dream, one local stakeholder is about to take a huge chunk out of the area. The historic row of federal houses comprising 282-286 Grand – on this block since roughly 1820 – is on […]

rivington-house-february
City Official who Approved Rivington House Deed-Lifting is Fired

Under fire from all angles, the de Blasio administration on Friday fired the official behind the deed-lifting that ultimately resulted in the $116 million sale of Rivington House into condos. The scandalous transaction led to a $75 million windfall for the city. The Wall Street Journal had the scoop on the firing of deputy Ricardo Morales. […]