New Observer Owner Plans To Buy 22 Buildings, Says Siblings Have Minority Interest In Paper

Jared Kushner, the new owner of the New York Observer, has plans to buy 22 buildings north of 96th street, the New York Sun reports.

In an interview, Mr. Kushner said his partners in the real estate venture include his siblings, Dara, 27, Nicole, 23, and Joshua, 21, all of whom have minority interests in the Observer. He declined to be more specific about the location of the properties, their current owners, or how much he expected to spend.

So the Kushner family buys newspapers like we used to buy BMX bikes. That’s cool. That’s cool.

Note: Joshua Kushner currently serves as the executive editor of Scene, “Harvard campus’ magazine on society, style and living.”

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