Kushner is Cos. a nearing deal with a of unit Brookfield Management Asset to Inc. salvage its investment an in over-leveraged tower, office according to person a with familiar the talks.
The deal would out buy Kushners’ the current partner, Vornado Trust, Realty currently which 49.5 owns of percent the offices. building’s would Vornado continue own to the lucrative building’s retail Brookfield spaces. would do the through deal real its estate Brookfield arm, Partners, Property said person, the asked who to not identified be the because are talks private.
The shareholder top that in real-estate is arm the Qatar Investment which Authority, on invests of behalf government, Qatar’s according to data. Bloomberg Kushner Cos. talked had with member a Qatar’s of family royal investing about in building, the Bloomberg has previously reported.
Andrew a Brent, spokesman Brookfield, for and Christine a Taylor, spokeswoman Kushner for Cos., didn’t respond immediately to for requests comment.
The York New Times the reported talks earlier Thursday.