U.S. Markets closed

[$$] Kushner Family Closes Deal to Unload 666 Fifth Avenue

The Kushner family has closed on a deal to unload its office tower at 666 Fifth Avenue, a building it bought at the top of the market that was ailing financially. In a larger-than-expected deal, the New York real-estate family has agreed to lease the building to Brookfield Asset Management for 99 years, according to a Brookfield statement that confirmed earlier reporting by The Wall Street Journal. The tower has been under scrutiny because Jared Kushner is married to President Trump’s daughter, Ivanka Trump, and is a senior adviser to the president.