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Kushner Properties
Kushner Companies LLC is an American real estate developer in the New York City metropolitan area. The company's biggest presence is in the New Jersey residential market. A study published in December 2017 by ''Bloomberg News'' indicated that Kushner Companies owns a stake in over 60 buildings in New York City. Major holdings in the city include the Puck Building and the retail space at 229 West 43rd Street, as well as 666 Fifth Avenue until its 2018 sale. The company's headquarters were relocated to the GM Building Manhattan in 2020. History In 1985, Charles Kushner founded Kushner Companies with his father, Joseph Kushner. In 2005, Charles Kushner was convicted of tax evasion and witness tampering, and served time in federal prison. As a result, he handed over the management of the company to his son Jared Kushner. Kushner Companies has received multiple loans from Israel’s Bank Hapoalim. Kushner Companies "received a roughly $30 million investment from Menora Mivtach ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and service ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
229 West 43rd Street
229 West 43rd Street (formerly The New York Times Building, The New York Times Annex, and the Times Square Building) is an 18-story office building in the Theater District of Midtown Manhattan in New York City. Opened in 1913 and expanded in three stages, it was the headquarters of ''The New York Times'' newspaper until 2007. The original building by Mortimer J. Fox of Buchman & Fox, as well as a 1920s addition by Ludlow & Peabody and a 1930s addition by Albert Kahn, are on 43rd Street. Shreve, Lamb & Harmon designed a wing on 44th Street in the 1940s. Columbia Property Trust owns most of the structure as an office building while Kushner Companies owns the lowest four floors as a retail and entertainment complex. The 43rd Street sections of the building are designed in the French Gothic, French Renaissance, and Italian Renaissance styles and are a New York City designated landmark. The original building and its additions rise 11 stories from the street, except for a four ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EB-5 Visa
The United States EB-5 visa, ''employment-based fifth preference category'' or ''EB-5 Immigrant Investor Visa Program'', created in 1990 by the Immigration Act of 1990, provides a method for eligible immigrant investors to become lawful permanent residents—informally known as " green card" holders—by investing substantial capital to finance a business in the United States that will employ at least 10 American workers. Based on the EB‐5 Reform and Integrity Act of 2022, which was signed into law on March 15, 2022, the minimum investment requirement to qualify under the EB-5 program is $1,050,000. The investment requirement is reduced to $800,000, however, if the investment is made in a qualifying infrastructure project or targeted employment area (TEA). Most immigrant investors who use the EB-5 program invest in a targeted employment area (TEA)—a rural area or area with high unemployment rate in order to invest less capital. The EB-5 program is intended to encourage bot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomberg L
Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and mayor of New York City (2002–2013) * Ramon Bloomberg (born 1972), American artist and film director Other uses * Bloomberg L.P., financial news and media company founded by Michael Bloomberg ** Bloomberg News, a news agency ** ''Bloomberg Businessweek'', weekly business magazine and website ** '' Bloomberg Markets,'' a monthly financial magazine ** Bloomberg Radio, a business radio network ** Bloomberg Television Bloomberg Television (on-air as Bloomberg) is an American-based pay television network focusing on business and capital market programming, owned by Bloomberg L.P. It is distributed globally, reaching over 310 million homes worldwide. It is hea ..., a business news channel *** Bloomberg TV Canada *** Bloomberg TV Philip ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital media, digital subscribers. It also is a producer of popular podcasts such as ''The Daily (podcast), The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones (publisher), George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won List of Pulitzer Prizes awarded to The New York Times, 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked List of newspapers by circulation, 18th in the world by circulation and List of newspapers in the United States, 3rd in the U.S. The paper is owned by the New York Times Company, which is Public company, publicly traded. It has been governed by the Sulzberger family since 189 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1 Journal Square
1 Journal Square is a skyscraper complex at Journal Square in Jersey City, New Jersey proposed by the Kushner Companies. The initial version consisted of two towers with roughly 3,000 residential units and 160,000 square feet of commercial space, but the project has been scaled back as of 2020. There was a previously approved design by Becker + Becker Associates that was being developed by Harwood Properties. Construction was never started on the project and Harwood eventually sold the property in January 2015. In August 2019, Kushner Companies lost a lawsuit in which they claimed they were unfairly denied tax abatements due the project. The company and Jersey City later entered into a settlement agreement where Kushner agreed to make a $2.5 million investment in local arts initiatives in exchange for the project's approval. One Journal Square's latest version is set to include twin 52-story high-rises over a 12-story base rising 710 feet to be built in two phases. The entire p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maryland
Maryland ( ) is a state in the Mid-Atlantic region of the United States. It shares borders with Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware and the Atlantic Ocean to its east. Baltimore is the largest city in the state, and the capital is Annapolis. Among its occasional nicknames are '' Old Line State'', the ''Free State'', and the '' Chesapeake Bay State''. It is named after Henrietta Maria, the French-born queen of England, Scotland, and Ireland, who was known then in England as Mary. Before its coastline was explored by Europeans in the 16th century, Maryland was inhabited by several groups of Native Americans – mostly by Algonquian peoples and, to a lesser degree, Iroquoian and Siouan. As one of the original Thirteen Colonies of England, Maryland was founded by George Calvert, 1st Baron Baltimore, a Catholic convert"George Calvert and Cecilius Calvert, Barons Baltimore" William Hand Browne, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Menora Mivtachim
Menora Mivtachim is an Israeli insurance company that is publicly traded on the Tel Aviv Stock Exchange. History The company was founded in 1935 as General Liability Office and changed its name to Menora Mivtachim Holdings in 2006. It is headquartered in Tel Aviv, and its products include "life assurance, health insurance, car insurance, business insurance and personal insurance." In January 2018, it was described by ''The New York Times'' as "one of Israel's largest financial institutions." In 2009, The Israeli Ministry of Finance led a probe into Menora Mivtachim funds. In 2010, the company was fined $3.9 million (2010 USD) for issuing loans without requisite securities. Menora cooperated with the investigation and addressed the issues that surfaced. In 2017, Menora Mivtachim invested "roughly $30 million" in Kushner Companies, which was spent on "a Maryland Maryland ( ) is a state in the Mid-Atlantic region of the United States. It shares borders with Virginia, West V ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Hapoalim
Bank Hapoalim ( he, בנק הפועלים lit. ''The Workers' Bank'') is one of Israel's largest banks. History The bank was established in 1921 by the '' Histadrut'', the Israeli trade union congress (lit. "General Federation of Laborers in the Land of Israel") and the Zionist Organisation. The bank was owned by the '' Histadrut'' until 1983, when it was nationalized following the Bank Stock Crisis. The bank was held by the Israeli government until 1996 when it was sold to a group of investors led by Ted Arison. The bank has a significant presence in global financial markets. In Israel, it has over 600 ATMs (automated teller machines), 250 bank branches, 7 regional business centers, 22 business branches and industry desks for major corporate customers. The bank's stock is traded on the Tel Aviv Stock Exchange. At the end of 2015, the bank had 11,930 employees worldwide. It is controlled by Arison Holdings, owned by Shari Arison. Arison Holdings owns a total of 15.74 p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Israel
Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated on the Eastern Mediterranean, southeastern shore of the Mediterranean Sea and the northern shore of the Red Sea, and Borders of Israel, shares borders with Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. Israel also is bordered by the Palestinian territories of the West Bank and the Gaza Strip to the east and west, respectively. Tel Aviv is the Economy of Israel, economic and Science and technology in Israel, technological center of the country, while its seat of government is in its proclaimed capital of Jerusalem, although Status of Jerusalem, Israeli sovereignty over East Jerusalem is unrecognized internationally. The land held by present-day Israel witnessed some of the earliest human occup ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Witness Tampering
Witness tampering is the act of attempting to improperly influence, alter or prevent the testimony of witnesses within criminal or civil proceedings. Witness tampering and reprisals against witnesses in organized crime cases have been a difficulty faced by prosecutors; witness protection programs were one response to this problem. United States In the United States, the federal crime of witness tampering is defined by statute at , which is entitled "tampering with a witness, victim, or an informant." The statute is broad; the '' Justice Manual'' notes that it "proscribes conduct intended to illegitimately affect the presentation of evidence in Federal proceedings or the communication of information to Federal law enforcement officers" and applies to tampering with witnesses in "proceedings before Congress, executive departments, and administrative agencies, and to civil and criminal judicial proceedings, including grand jury proceedings." Witness tampering is a crime even if a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Evasion
Tax evasion is an illegal attempt to defeat the imposition of taxes by individuals, corporations, trusts, and others. Tax evasion often entails the deliberate misrepresentation of the taxpayer's affairs to the tax authorities to reduce the taxpayer's tax liability, and it includes dishonest tax reporting, declaring less income, profits or gains than the amounts actually earned, overstating deductions, using bribes against authorities in countries with high corruption rates and hiding money in secret locations. Tax evasion is an activity commonly associated with the informal economy. One measure of the extent of tax evasion (the "tax gap") is the amount of unreported income, which is the difference between the amount of income that should be reported to the tax authorities and the actual amount reported. In contrast, tax avoidance is the legal use of tax laws to reduce one's tax burden. Both tax evasion and tax avoidance can be viewed as forms of tax noncompliance, as they desc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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