Kushner Cos. subpoenaed by feds after AP report

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Kushner Cos. subpoenaed by feds after AP report

April 20th, 2018

Awake Goy

NEW YORK (AP) — The Kushner Cos. has been subpoenaed by federal prosecutors for information related to an Associated Press report that the company filed dozens of false documents about its buildings in New York City.

The real estate company issued a statement saying it has “nothing to hide and is cooperating fully with all legitimate requests for information, including this subpoena.”

The statement Thursday acknowledged that the federal subpoena arrived last month, a day after the AP reported the Kushner Cos. routinely filed false paperwork with the city stating it had zero rent-regulated tenants in buildings across the city when, in fact, it had hundreds. The AP report covered a three-year period when the real estate company was run by Jared Kushner, President Donald Trump’s son-in-law who is now a senior adviser.

Tenant advocates say such false filings allow landlords to avoid heightened city oversight designed to keep lower-paying, rent-regulated tenants from being harassed during construction and pressured to leave, freeing up apartments for higher-paying residents.

Kushner Cos. told the AP at the time of its report that the company outsources preparation of construction permit applications and fixes any mistakes immediately. Records show the company did file some amended documents, often more than a year later.