Jared Kushner’s Businesses Demand Rent From Tenants During Coronavirus Pandemic, But Ask For Leniency From Creditors
Donald Trump’s son-in-law Jared Kushner’s real estate companies are attempting to collect rents from tenants while also asking creditors to be more lenient during the coronavirus (COVID-19) pandemic.
Trump’s children get a majority of their income from Trump properties. “Well, the main source of income, if the hotels and restaurants are closed, is a couple office buildings that don’t even have their name on them, one in New York, one in San Francisco,” Washington Post reporter David Fahrenthold told MSNBC. “Those produce a lot of cash.”
CORONAVIRUS FAQ: WIKI OF MOST FREQUENTLY ASKED QUESTIONS
Fahrenthold noted that Kushner’s companies were apparently pushing tenants to pay rent despite them reportedly being in “tough positions.” “At the same time, the Kushner Company is asking for leniency from its lenders — there’s a retail space in Times Square that I’ve read they’re having trouble making the payments on. So they’re forcing others to make payments while trying to get out of it themselves.”
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As Kushner continues to charge tenants amid the COVID-19 crisis, he’s also a member of the White House coronavirus taskforce and has been working with business leaders to reopen the economy.
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