Report: Kushner Company Repeatedly Falsified Documents on NYC Properties

Jared Kushner’s family real estate company, Kushner Companies, repeatedly filed false claims with New York City authorities in an alleged effort to boost profits, the Associated Press reports. The company, for which Kushner previously served as CEO before he stepped down to join the White House as a senior adviser, apparently sought to avoid offering special protections to low-income tenants. The company told authorities it had no rent-regulated tenants when in fact it had hundreds of such tenants, according to the report. Eighty construction permit applications with false information were reportedly filed between 2013 and 2016. In one case, the company managed to sell three apartment buildings for nearly 50 percent more than it paid for them after claiming to have no rent-regulated tenants on the property. “It’s bare-faced greed,” Aaron Carr, founder of Housing Rights Initiative, told the Associated Press about the allegedly falsified documents. Kushner Cos. issued a statement in response to the allegations saying it outsources such paperwork to third parties and that it would “never deny any tenant their due-process rights.”