Jared Kushner: power hungry and intent on enriching himself?

[Music] Jared Kushner New Jersey real-estate tycoon turned presidential son-in-law from suburban landlord to the Manhattan big-time he's now occupying the most prized bit of real estate of them all but is it pride before a full Jared's under scrutiny like never before allegations of secret meetings dodgy dealings undue influence at the highest levels home and abroad the one that America seems to be turning against Japan [Music] back in 2011 the world had not yet heard of Jared Kushner but at the helm of his family business he began buying up mid-range housing sites on the fringes of brass belt cities like Baltimore some of these Kushner owned complexes are now the focus of a class action lawsuit against its subsidiary Westminster management the case has been brought by lawyer Andy Freeman the Westminster management charges various fees associated with tenants paying late he says the multiple fees are illegal and they hit people who are already struggling Jared Kirchner stepped down as CEO of Kushner companies and his position at Westminster when he entered the White House in January 2017 but he is named in this suit as a defendant and member of the company so this is Dutch village and he took me to one of the kirshner own properties where some of his claimants were living he explained that the fees created a vicious cycle they need to pay them insured monthly rent payments were even harder to meet meaning another late payment and more fees it's greedy on a sort of petty small level and the idea that on top of the rent that he's charging which is a market rate of rent that he needs to squeeze these last drops out to get another eighty-two dollars here or $30 there is offensive and illegal Kershner companies insists the fees are legal and in line with industry practices Mari Simone Raya a single mom of three is one of the tenants involved in the class action she lived in a cushion of property for a year before she says it all became too much and leaving I couldn't handle it anymore because I was missing more work going to court and I'm like how can I pay you if I'm always in court what does it make you feel about the way they treated the tenants it makes me feel horrible it's like I don't understand how they can be so cruel to people when Simone moved out that wasn't the end of it a 1500 pound bill for damage she says she didn't do so after you became a claimant in this case and got involved with this case they came but came back to you and said you had caused damage in the property even though you after you left it yes and I've been gone for a while they were fabricated I feel like it was due to retaliation for the class-action lawsuit what would you say to Jared Kushner if you saw it you're in the right house be a better role model a world away New York City is where the Kushner's have really made their money Jarrod's assets run into hundreds of millions and the family's property portfolio is expanding across the city one deal almost scuppered the business purchased 12 years ago of 666 5th Avenue by the cushion the company's was at the time the biggest real estate deal in the history of the city Jared Kushner was heavily involved but from early on there were huge financing problems with the building which the family have sought a way out of ever since this was the Kushner's announcing themselves in Manhattan with an eye-catching 1.4 billion pound dealing but they had problems renting office space and had to sell off parts of the building so was it sense that Jared screwed up and away you know some people call it one of the worst real estate deals in New York history 666 was really a pivotal piece it's like the Jenga piece at have you pull it away the whole thing collapses for a while to imperiled the entire business so this way done Jared I mean this was his first big movement in the city him asserting the new generation Kushner 2.0 but in 2015 with a huge unaffordable mortgage during a few years Jared joined the Donald Trump campaign team all of a sudden he was able to get meetings he'd never had before and after Trump was elected things got even better you know chair is meeting with world leaders the minute Jared can paint rail those questions about conflicts of interest like is he going to put his company's interests in a way that conflicts with the interests of his public policy duties under scrutiny a meeting between Jared and a company tied to the Chinese state a deal for 666 was allegedly thrashed out you think you're gonna get a job in the White House at the time Jared had also been meeting Chinese government officials at Donald Trump's advisor details are featured in a new book Kushner Inc we're inside his voice concerns about Jared's role in the White House all the transition colleagues heard about this they were horrified Gary Cohen said to him Jared you realize that from now on everything you do makes it look as if you are in government purely to enrich yourself I think that that is the appearance of corruption George the White House Jared Kushner and Krishna companies have all caught the book fiction the Chinese deal fell apart but out of the blue in 2018 a deal was done with a Canadian whose major investor is the Qatari state we will eventually get to the bottom of what happened with 666 Fifth Avenue and why this lemon of a project suddenly became so attractive to a foreign government connected investor is your suspicion that some of his activities in the one house may have led to that the conclusion seems almost irresistible that he was using his position within the Trump administration to continue to conduct various business pursuits guitar says it has nothing to do with buying the building but the deal has intensified scrutiny of the president's son-in-law from the most powerful branch of government in the land to the district courts of Maryland it seems everyone is now minding Jared's business

Channel: Channel 4 News

Views: 473,029

Rating: 4.4560099 out of 5

Keywords: Jared, kushner, jared kushner, ivanka trump, trump, donald trump, trump news, trump today, ivanka and jared, who is jared kushner, jared kushner ivanka trump

Id: L6MBYJdtxH0

Length: 7min 21sec (441 seconds)

Published: Tue Mar 19 2019

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