Jared Kushner still has not fully divested his real estate holdings

The president's son-in-law wants Americans to take him at his word that he is behaving ethically

Published May 22, 2017 9:50AM (EDT)

Jared Kushner (AP/Evan Vucci)
Jared Kushner (AP/Evan Vucci)

There have been reports for months indicating that President Donald Trump's son-in-law and adviser, Jared Kushner, was not fully addressing the conflicts of interest that could impede his ability to ethically craft national policy.

Now more details have come to light about the extent to which Kushner has failed to fully divest himself from his potentially compromising business holdings.

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Kushner apparently has retained almost 90 percent of his real estate holdings despite resigning from his family business and promising to avoid conflicts of interest, according to a report by the Washington Post. These holdings are worth anywhere from $132 million to $407 million and span from $1 million to $5 million stake in a luxury skyscraper in Jersey City to his holdings in a retail complex in Times Square, and from residential real estate in the small Indiana town of Speedway to a mobile-home park in New Jersey.

When asked about this by the Post, Kushner attorney Jamie Gorelick insisted that the presidential son-in-law was merely "striving for simplicity" when determining the extent to which he will divest himself from his massive real estate empire. Kushner's White House spokesman Joshua Raffel had a similar argument, saying that Kushner "takes the ethics rules very seriously and would never compromise himself or the administration."

One of the more bizarre instances of Kushner's erratic approach to divestment includes a pair of Kushner family skyscrapers in Jersey City. Although Kushner has sold his investment in One Journal Square, he has retained his stake in 30 Journal Square, with his attorneys telling the Post that "30 Journal Square is a separate project that did not pose the same complexities, including EB-5 financing, as One Journal Square."


By Matthew Rozsa

Matthew Rozsa is a professional writer whose work has appeared in multiple national media outlets since 2012 and exclusively at Salon since 2016. He specializes in covering science and history, and is particularly passionate about climate change, animal science, disability rights, plastic pollution and a wide range of political issues. He has interviewed many prominent figures (reflecting his diverse interests) including President Jimmy Carter (1977-1981), Israeli Prime Minister Ehud Barak (1999-2001), animal scientist and autism activist Temple Grandin, inventor Ernő Rubik, epidemiologist Monica Gandhi, theoretical cosmologist Janna Levin, mRNA vaccine pioneer Katalin Karikó, philosopher of science Vinciane Despret, actor George Takei ("Star Trek"), Democratic vice presidential nominee Joe Lieberman (2000), Ambassador Michael McFaul (2012-2014), economist Richard Wolff, director Kevin Greutert ("Saw VI"), model Liskula Cohen, actor Rodger Bumpass ("SpongeBob Squarepants"), Senator John Hickenlooper (2021-present), American Public Health Association Executive Director Georges Benjamin (2002-present), comedian Bill Burr ("F Is for Family"), comedian David Cross ("Scary Movie 2") and right-wing insurrectionist Roger Stone.

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