Kushner’s $2.9B condo deal with Chinese insurer moves forward

The $2.85 billion deal made by Kushner with the Chinese insurance giant Anbang to recapitalize 666 Fifth Ave. will allow the family company to reconfigure it into a 1,400-foot-tall luxury condominium building over a larger retail component — a plan that had been opposed by current partner Steve Roth of Vornado, who is being bought…
Source: nypost Real estate
Kushner’s .9B condo deal with Chinese insurer moves forward