![]() ![]() ‘We would go in, and I’d be saying to him, “Why is this taking so long? It’s gotta cost less. “‘The funniest part was, I didn’t have a car, so I’d have my contractor, who was this six-foot-five Guatemalan guy named Nelson, pick me up at my dorm in his Dodge Ram pickup truck and take me to the jobs,’ he said. ‘I’d be in class, and I’d get a call about a broken toilet and have to go work with the super at one of my buildings,’ Kushner recalled. On his first deal, his father put up half the cash and Kushner raised the remainder from family friends. 1, 2014, issue of the Real Deal (TRD), reveals: “While in college, Kushner began acquiring small multi-family buildings in Somerville, Mass. It was a little bit disappointing because there were at the time other kids we thought should really get in on the merits, and they did not.” Charles Kushner and Jared Kushner in 2012 We thought for sure, there was no way this was going to happen. Not the most impressive of students, some suggest that it was Charles’ $2.5 million gift that earned Jared admission in 1999 to Harvard University.Ī former official at the Frisch School in Paramus, New Jersey, told Daniel Goldin: “There was no way anybody in the administrative office of the school thought he would on the merits get into Harvard … His GPA did not warrant it, his SAT scores did not warrant it. It was, “Why pay someone a hundred per cent when you could pay a lot less?” And he’d sign them, or he’d say, “Offer them forty per cent.” Or “Offer them fifty per cent.” This was a cost-saving measure, not unheard of among developers. The former Kushner Companies executive told me, ‘Every week we’d have meetings at Charlie’s house, and we’d go through the bills - the larger bills and corporate bills. But he had Trumpian qualities, such as a tendency to withhold payment from venders like contractors, cleaners, and architects, forcing them to accept a fraction of their fee. “A disciplined man who avoided the press, Kushner was no Trump. He was like an animal, cursing and foaming at the mouth.’ But Charlie had another side, which former associates describe as ‘threatening,’ ‘nasty,’ and ‘vindictive.’ One former Kushner Companies executive said, ‘If you pissed him off, it was like somebody gave him drugs. ‘If you met him right now, you’d walk away saying, “He’s the most charming, nicest person I’ve ever met,” an associate told me. “ was generous, making large donations to charities. In less than ten years, he created his own firm, Kushner Companies, and made it into one of the largest private landlords on the East Coast, with assets worth an estimated billion dollars, and including twenty-two thousand apartments in New Jersey and Pennsylvania, commercial properties, an insurance company, and a bank … Lizzie Widdicombe of the New Yorker tells us about Jared’s father: “Charles, known as Charlie, was a risk-taker, unafraid of loans and leverage. Like his father-in-law, Jared’s story begins with his father, Charles’, real estate business. So while there is a lot here, I admit there’s a lot more to look at. Like his overly-ambitious portfolio, he seems to have his fingers looking for money in just about every pot of gold. I’ve discovered Son-in-Law is equally elusive. His opinions/policies change with the wind. Many commentators have had a difficult time pinning down the president. ![]() ‘The best deal we ever made!’ Trump says of their meeting.” As Business Insider reminds us: “Trump and Kushner met in 2007, at a networking lunch arranged by Trump’s longtime business partner, who thought they could do deals together. ![]() In the Kushner/Trump world, love and business intersect. ‘There’s a lot of parallels between Jared as a developer and my father in the early years of his development career.’” Steve Betoni in Forbes: “‘Jared and my father initially bonded over a combination of me and real estate,’ Ivanka Trump says in her Trump Tower offices as dark-suited Secret Service agents stand watch in the halls. The very same Ivanka who, with a picture of herself in white and Jared in a tux on the ubiquitous Instagram, most recently shared a celebratory incantation to Jared with the rest of us: “Happy eight-year anniversary to the love of my life!” Latin was never my cup of tea but I seem to remember “Qualis pater talis filius,” which means something like “As is the father, so is the son” or “like father, like son.” Or, with a bit of latitude, “As is the father-in-law, so is the son-in-law.”Īppropriate because, as of their marriage in 2009, Jared Kushner had Ivanka, Donald’s very favorite, constantly beside him. ![]()
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