The one-time king of New Jersey apartment real estate has shifted its focus from multifamily to office and retail properties in New York City. The effort is being lead by Jared Kushner, son of the company's founder, Charles Kushner, who went to prison for tax fraud and campaign contribution charges. The company's subsidiary, Kushner Properties,which once owned and managed some 8 million sq. ft. of property, drastically reduced its apartment holdings by selling more than 17,000 units in 2007. The company's hotel division continues to be run by Westminster Hospitality. Westminster Communities, the firm's construction division, develops property in the Northeast.
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- Year Started 1954
- Incorporated 1984
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RICHARD STADTMAUERGeneral Manager
CHRISTOPHER SMITHGeneral Counsel
Adam CarloLeasing Administrator