Discussion: Report: Co-Owner Of 666 Fifth Ave. To Sell To Kushner Cos

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Report: Co-Owner Of 666 Fifth Ave. To Sell To Kushner Cos. Report: Co-Owner Of 666 Fifth Ave. To Sell To Kushner Cos. Back to article
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“Agreed to sell” doesn’t mean they will get their money. They just want to disassociate from the Kushner family. Can’t say I blame them.

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It would be interesting to see where the money is coming from for the Kushners to buy out Vornado.

I’m sure there is nothing about Jared’s position in the administration that has any impact on the financing. Perhaps there will just be an effective transfer of Vornado’s 49.5% stake to another investor with a pay-down of some of the debt. An LLC with an American sounding name to disguise the ‘Eastern European’ investors?

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I seem to recall that Kushner had a big loan on this coming due shortly.

So yes, how them can they afford to buy out Vornado?

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This is another odd deal, isn’t it?

The Kushner’s just recently received a $200 million loan from Citigroup on Trump Bay Street, a New Jersey luxury apartment tower part-owned by Kushner Cos.

It’s almost as if vultures are planting their talons in anticipation of getting their beaks very, very wet.

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“Vornado and Kushner Cos. have clashed on how to renovate the building, with Kushner Cos. pushing to turn 666 Fifth Ave. into a luxury tower and Vornado pushing for it to remain an office building.”

“Shortly following the deal, in which he assumed full ownership of the bottomless money pit, Kushner announced plans to convert the property into a giant box of tears, hopeless despair, and unending financial ruin.”

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We can still call it Kushnado, can’t we?

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What? I’m confused. Kushner’s broke as shit.

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In 2011, Vornado bought a 49.5 percent stake as part of a refinancing agreement. Vornado and Kushner Cos. have since clashed on how to renovate the building, with Kushner Cos. pushing to turn 666 Fifth Ave. into a luxury tower and Vornado pushing for it to remain an office building.

How do two companies enter into an agreement for a $1.8 billion property and not know what the use will be? Something doesn’t sound right here.

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Vornado could take a gigantic loss and write off the loss.

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Behind every great fortune lies a crime.

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Ya just gotta love the irony of “666” Fifth Avenue…

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Cui bono?

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Wonder which oligarch is fronting the bread.

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If I were Trump, Inc. I might try to copyright “Giant Box of Tears.” They might be able to make a few bucks as it is likely to describe a lot of ventures involving Trumps.

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Which is why Mueller ears probably pricked up when he heard the story. You can bet he’s got every one of Jared’s bank accounts on a wire.

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When did the ruble become a convertible currency?

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Well, ahem, I have personally put in an offer to lease 100 sq. ft. at 666 5th Avenue to open a foreclosure unit specializing in rapacious, greedy, traitorous billionaires. Will let you know how it goes.

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Where’d They Get the Money ?
:rage: The Devil maybe?

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