Murray Kushner
Murray Kushner | |
|---|---|
| Born | 1951 (age 72–73) |
| Nationality | United States |
| Education | B.A. University of Pennsylvania J.D. University of Pennsylvania Law School |
| Known for | Founder of The KRE Group |
| Spouse | Lee Kushner |
| Children | Ari Kushner Marc Kushner Jonathan Kushner |
| Parent | Joseph Kushner |
| Family | Charles Kushner (brother) Jared Kushner (nephew) Joshua Kushner (nephew) |
Murray Kushner (born 1951) is an American real estate developer.
Biography
Kushner's parents were Joseph and Rae Kushner, who were Holocaust survivors and had come to America from Poland[1]by way of Italy in 1949.[2] His father worked as a construction worker and concurrently as an independent builder, while investing in real estate, eventually building a portfolio totaling 4,000 New Jersey apartments.[3][4] The Joseph Kushner Hebrew Academy and the Rae Kushner Yeshiva High School, in Livingston, New Jersey, built by Charles Kushner, are named after them.[3][5] He has two sisters, Esther and Linda, and a younger brother, Charles.[1] Murray graduated summa cum laude with a B.A. from the University of Pennsylvania and then went on to obtain a J.D. from the University of Pennsylvania Law School.[1] After school, he worked for the family real estate business and after his father's death, he and his siblings equally divided ownership of the company.[1] His relationship with his brother eventually deteriorated over investment decisions especially Murray's veto on the purchase of Berkshire Realty, a firm that owned 24,000 apartments, which would have made Kushner Properties the largest privately held real-estate firm in the region.[1] In 2000, the brothers decided to no longer work together as business partners.[1] His firm The KRE Group, has since grown to more than 100 full-time employees with a portfolio of 9,000 apartments and 6 million square feet of office and industrial property.[6]
KRE has developed projects throughout the Northeast Corridor, with several located in Downtown Jersey City.[7][8][9] In July, 2014, the company began construction on the first phase of Journal Squared, a residential development adjacent to the Journal Square Transportation Center. The project will be constructed in three phases and is approved for a total of 1,838 units, including a 70-story building, which will be the tallest building in Jersey City when completed.[10][11][12][13][14]
Personal life
Kushner married Lee Kushner[1] and they raised their children in Modern Orthodox Judaism.[15] His son Marc is an architect and married Christopher Barley in a Jewish ceremony in 2012.[15] His son Jonathan Kushner has taken over The KRE Group.[16][17] Kushner is a prominent supporter of governor Chris Christie.[16] His wife was diagnosed with Multiple sclerosis in the mid-1990s and they dedicate much of their philanthropic activities to finding a cure.[18] To this day, he remains estranged from his brother Charles Kushner.[16]
References
- ^ a b c d e f g Sherman, Gabriel (July 12, 2009). "The Legacy". New York. Retrieved January 3, 2015.
{{cite web}}: Italic or bold markup not allowed in:|publisher=(help) - ^ Heyman, Marshall (May 15, 2014). "City Real-Estate Royalty Gives to Israeli Hospital". The Wall Street Journal. Retrieved January 4, 2015.
{{cite web}}: Italic or bold markup not allowed in:|publisher=(help) - ^ a b Elkies, Lauren (November 1, 2007). "The Closing: Charles Kushner". The Real Deal. Retrieved September 28, 2011.
- ^ "Charles Kushner" Cityfile. Gawker Media. Retrieved September 28, 2011.
- ^ "Mini Bio: Rae Kushner", Jewish Partisan Educational Foundation. Retrieved September 28, 2011.
- ^ My Central Jersey: "Murray Kushner, James Hughes honored by real estate institute" June 13, 2015
- ^ http://www.nj.com/hudson/index.ssf/2014/07/developers_hold_grand_opening_for_luxury_rental_building_18_park_in_jersey_city.html
- ^ "The New Urban Bedroom Community". HLW. 2013-10-03. Retrieved 2013-12-31.
- ^ "Jersey City Development Breaks Ground | 18 Park". Therealdeal.com. 2012-06-28. Retrieved 2013-12-31.
- ^ "Featured News » New Development Planned for Journal Square Would Include the City's Tallest Tower, Fundamentally Change the Neighborhood". The Jersey City Independent. 2012-08-07. Retrieved 2013-12-31.
- ^ "Three residential towers to change the landscape of Journal Square, officials say". NJ.com. 2012-08-15. Retrieved 2013-12-31.
- ^ "Featured News » City Settles Lawsuit with Robinhood Plaza, Permits 42-Story Zoning for Property Along Summit Ave". The Jersey City Independent. 2012-11-29. Retrieved 2013-12-31.
- ^ http://blog.nj.com/new_jersey_businesses_whats_happening/2013/11/kre_president_jonathan_kushner_to_join_all-star_panel_at_third_annual_new_jersey_multifamily_summit.html
- ^ http://www.multihousingnews.com/news/northeast/groundbreaking-ceremony-held-for-jersey-city-development/1004109655.html Accessed March 27, 2015
- ^ a b "Weddings: Chris Barley and Marc Kushner". The New York Times. April 13, 2012.
- ^ a b c Haaretz: "Meet the Kushners: The Feuding Real Estate Dynasty That Links Donald Trump and Chris Christie" by Allison Kaplan Sommer March 01, 2016
- ^ The Real Deal: "A lesser-known Kushner bets big on Jersey" By Miriam Kreinin Souccar June 1, 2015
- ^ New Jersey Jewish News: "Original ‘Jersey Boys’ anchor MS fund-raiser" by Johanna Ginsberg October 22, 2009