Kushner Cos. Pulls Request For Tax Break In New Jersey City

NEW YORK (AP) — The real estate firm owned by the family of Jared Kushner has withdrawn a request for a big tax break for one its buildings in Jersey City, New Jersey, the latest setback for the company in the area. The Kushner Cos. sent a letter withdrawing its application for a 30-year break from city taxes for a planned two-tower project in the struggling Journal Square section of the city, Jersey City spokeswoman Jennifer Morrill said Wednesday. The 79-story building — One Journal Square — gained attention last month after Jared Kushner's sister, Nicole Kushner Meyer, mentioned her brother in a presentation in Beijing where she had hoped to attract Chinese investors in the building. Government ethics experts blasted the family for what they said was an attempt to profit off Jared Kushner's position in Washington, and the Kushner Cos.

 

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