Kushner Family Still Struggling With 666 Fifth Avenue

The transcript discusses the financial challenges faced by Jared Kushner's company regarding the $1.2 billion mortgage on 666 5th Ave. The company has been seeking international investors from countries like China, Saudi Arabia, and Israel to either refinance the mortgage or invest in a redevelopment plan. Despite extensive efforts, no funds have been committed yet. The mortgage is due in February 2019, and the company remains optimistic about finding a solution, with contingency plans in place for either a grand redevelopment or updating existing office spaces.

What financial issue is Jared Kushner's company facing with the 666 5th Ave. property?

• They have no financial issues.

• They are struggling to pay the mortgage.

• They have fully paid off the mortgage.

• They are looking to sell the property.

Which countries did Kushner's company approach for investment?

• Brazil, India, and Germany

• China, Saudi Arabia, and Korea

• Russia, Japan, and Canada

• Australia, France, and Italy

What are the two main goals of Kushner's company in seeking international investors?

• To sell the property and relocate

• To refinance the mortgage or fund redevelopment

• To merge with another real estate company

• To convert the building into a hotel

When is the mortgage on the 666 5th Ave. property due?

• January 2018

• March 2020

• December 2021

• February 2019

What are the potential plans for the 666 5th Ave. property if investment is secured?

• Demolish the building

• Convert it into a museum

• Turn it into a sports complex

• Create an 81-story building with condos and a retail mall