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Title: Jared Kushner’s Sister Highlights Family Ties in Pitch to Chinese Investors
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URL Source: https://www.nytimes.com/2017/05/06/ ... eyer-china-investors.html?_r=0
Published: May 7, 2017
Author: jj
Post Date: 2017-05-07 07:02:58 by HAPPY2BME-4UM
Keywords: None
Views: 830
Comments: 8
By JAVIER C. HERNÁNDEZ, CAO LI and JESSE DRUCKERMAY 6, 2017 
Jared Kushner’s sister Nicole Meyer, right, made a pitch soliciting $150 million in financing for a Jersey City housing development, known as One Journal Square, before a room of more than 100 Chinese investors gathered at the Ritz-Carlton Hotel in Beijing.
BEIJING — Jared Kushner has said that he has stepped away from the day-to-day business of his family’s real estate company while he serves as a senior adviser to his father-in-law, President Trump.
But Mr. Kushner’s relatives are working feverishly to solicit overseas money for projects in the United States, and they are highlighting their ties to Mr. Kushner as they court investors.
On Saturday afternoon, Mr. Kushner’s sister Nicole Meyer made a pitch to attract $150 million in financing for a Jersey City housing development, known as One Journal Square, to more than 100 Chinese investors gathered at the Ritz-Carlton Hotel in Beijing.
The money would be provided through a much-criticized government program known as EB-5 that awards foreign investors a path to citizenship in exchange for investments of at least $500,000 in American development projects.
Speaking in a ballroom, Ms. Meyer said the project “means a lot to me and my entire family.” She mentioned her brother’s service as chief executive of Kushner Companies, the family business from which he resigned in January, .
The project was advertised to Chinese investors as the latest offering from the “star Kushner real estate family.” The project, which includes two towers, 1,476 luxury apartments and even a medical center for pets, was promoted as “Kushner 1.” Construction is scheduled to begin in early 2018.
https://www.nytimes.com/2017/05/06/world/asia/jared-kushner-sister-nicole-meyer-china-investors.html?_r=0(3 images)
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Begin Trace Mode for Comment # 6.
#1. To: All (#0)
Risa Heller, a spokeswoman for Kushner Companies, declined to comment.
And I see the Chinese have taken the whole hog and plunged into capitalism with a fervor. Of course, one cannot own property in China because the Party owns everything. So they come here to buy some. How many know that Kushner and his ancestors have been involved in such illegal activities as Charles Kushner has been? Just asking. ;)
Just asking. ;) =========================================== Donald Trump for one.
Do you suppose that he would do such an extensive background check on his son-in- law? He is, after all, one of The Donald's senior advisers. Or do you think he trusts his daughters instincts on her choice of a husband? For the sake of National Security, I would hope he had second thoughts. ;)
For the sake of National Security, I would hope he had second thoughts. ;) ============================================ Both Jared and Ivanka are flaming liberal progressives. They openly advocate for homosexual gay mairrage, etc. Can't stand the sight of them. Ivanka is easily able to manipulate Donald. She got her own office just down the hall from the OVAL OFFICE. Jared's office is closer to Trump's than her's is.
You must have gotten hold of the layout for the WH staff offices. ;)
#7. To: BTP Holdings (#6)
===================================== Yeah, I posted it here on 4UM a couple of weeks ago.
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Mr. Kushner, who is married to Mr. Trump’s daughter Ivanka, has become a central voice on China, serving as a conduit between Beijing and Washington.
As a businessman, he courted Chinese firms, most notably Anbang Insurance Group, the financial firm linked to members of the country’s ruling Communist Party. In March, Kushner Companies said it had ended talks with Anbang for an investment in its headquarters at 666 Fifth Avenue in Manhattan. The potential deal raised eyebrows because of its favorable terms for the Kushners, who are seeking help with the troubled property.
His relatives’ embrace of the EB-5 program may also pose complications for Mr. Kushner. The program has been labeled “U.S. citizenship for sale,” and it has come under scrutiny after a series of fraud and abuse scandals. Watchdogs have noted the program’s lax safeguards against illicit sources of money.
On Saturday, Ms. Meyer talked about how family values had shaped Kushner Companies. She spoke of her grandparents, who survived the Holocaust, and about her father, Charles Kushner, who founded the company in 1985. He later spent time in prison for illegal campaign donations, tax evasion and witness tampering.
As Ms. Meyer spoke, journalists for The New York Times and The Washington Post were removed from the ballroom and told by organizers it was a “private event,” even though it had been publicly advertised. It was hosted by Qiaowai, a Chinese immigration agency that helps Chinese families move abroad. Ms. Meyer is scheduled to appear in other Chinese cities in the coming days.
Ms. Meyer was asked after the event whether she was concerned about possible conflicts of interest facing her brother, but she did not respond. A man accompanying her, growing angry, shouted, “Please leave us alone!”
https://www.nytimes.com/2017/05/06/world/asia/jared-kushner-sister-nicole-meyer-china-investors.html?_r=0
#2. To: HAPPY2BME-4UM (#1)
She spoke of her grandparents, who survived the Holocaust, and about her father, Charles Kushner, who founded the company in 1985. He later spent time in prison for illegal campaign donations, tax evasion and witness tampering.
#3. To: BTP Holdings (#2)
How many know that Kushner and his ancestors have been involved in such illegal activities as Charles Kushner has been?
#4. To: HAPPY2BME-4UM (#3)
Donald Trump for one.
#5. To: BTP Holdings (#4)
Or do you think he trusts his daughters instincts on her choice of a husband?
#6. To: HAPPY2BME-4UM (#5)
She got her own office just down the hall from the OVAL OFFICE. Jared's office is closer to Trump's than her's is.
Replies to Comment # 6. You must have gotten hold of the layout for the WH staff offices. ;)
End Trace Mode for Comment # 6.