Brookfield in talks to buy stake in Kushner-owned tower: Reuters

Canada's Brookfield Property Partners is in talks to acquire a stake in a Manhattan office tower majority-owned by a company that was previously run by Jared Kushner, son-in-law of U.S. President Donald Trump, a source told Reuters. Brookfield would oversee the redevelopment of 666 Fifth Avenue, a 41-storey tower controlled by Kushner Companies. The acquiring entity would be a Brookfield private real estate fund, the source said. The seller was not indicated nor the size of stake to be acquired.

18 May 2018•2 mins read
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