Kushner Plunks Down $200M in Cash to Repay Loan
Jan 15, 2008
By: Barbra Murray, Contributing Editor
Premier New York City real estate concern Kushner Cos. has reached
into its pocket for $200 million in cash to pay off a loan, according
to a report by Reuters yesterday.
Kushner spent a whopping $
THE Macklowes aren't the only real estate barons in a tight spot. The
Kushner Companies, also family owned, plunged into the Manhattan real
estate market in 2006, paying $1.8 billion for 666 Fifth Avenue, at
53rd Street. The cash flow from 666 Fifth represents only about
two-thirds of the amount ne
