Jared Kushner
Jared Kushner, the son-in-law of former President Donald Trump, is working on new real estate deals in the countries Albania and Serbia. The New York Times reported that these business deals are based on relationships Kushner began while he served in a senior position at the White House during the Trump administration.
Jared Kushner released a few images of one of the projects on Twitter saying, “Excited to share some early design images for development projects we have been creating for the Albanian coast and downtown Belgrade.”
According to the report in the Times, one of the planned projects is the possible development of an island off the coast of Albania, which would transform it into a luxury tourist destination.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
Another plan is for a luxury hotel, as well as 1,500 residential units and a museum for the Serbian capital Belgrade. If approved, this would be built at the site of the long-vacant former headquarters of the Yugoslav Army that was destroyed in a NATO attack against Serbian forces during the Yugoslavian civil war in 1999, according to a member of Parliament in Serbia and Mr. Kushner’s company.
A third plan is for Albania’s Zvërnec peninsula where a 1,000-acre coastal area in the south of the country that is part of the resort community known as Vlorë. Several hotels and hundreds of villas would be built there if that plan is approved.
“We are very excited,” Jared Kushner said in an interview with the New York Times. “We have not finalized these deals, so they might not happen, but we have been working hard and are pretty close.”
Some people think that Jared Kushner is getting foreign governments to fast-track his proposals because of his relationship with Donald Trump.
“No one is ‘giving’ me deals,” Jared Kushner told the New York Times. “I operate fairly meticulously, and these investments will create a lot of value for the local communities, our partners and our investors.”
