Lesh
Diamond Member
- Dec 21, 2016
- 70,076
- 35,004
In 2016, Charles and Jared Kushner pitched a new deal to investors in the United States and abroad: They would demolish the building and erect a $7.5 billion luxury supertower in its place. They got close to a deal with a billionaire from Qatar, Hamad Jassim Al-Thani, the country’s former prime minister, and with Anbang, a giant Chinese insurance company.
The Qatari deal fell through and soon after that...Trump's good friend MBS from Saudi Arabia put a blockade on Qatar. Of note we have a huge military base in Qatar that was put at risk. Qatar has since gotten closer to Iran
Brookfield is one of the world’s biggest real estate companies, and among its investors is the Qatar Investment Authority, one of the world’s largest sovereign funds, which bought a $1.8 billion stake in one of the company’s subsidiaries, Brookfield Property Partners in 2014, and is the second-largest investor in the company, ranking only behind Brookfield Asset Management. That has raised questions given Jared Kushner’s portfolio in the White House, which includes the Middle East.
The Qatari deal fell through and soon after that...Trump's good friend MBS from Saudi Arabia put a blockade on Qatar. Of note we have a huge military base in Qatar that was put at risk. Qatar has since gotten closer to Iran
Brookfield is one of the world’s biggest real estate companies, and among its investors is the Qatar Investment Authority, one of the world’s largest sovereign funds, which bought a $1.8 billion stake in one of the company’s subsidiaries, Brookfield Property Partners in 2014, and is the second-largest investor in the company, ranking only behind Brookfield Asset Management. That has raised questions given Jared Kushner’s portfolio in the White House, which includes the Middle East.