Posted Apr 8, 2017, 1:59 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,899
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http://nypost.com/2017/04/07/steve-r...666-fifth-ave/
Steve Roth wants to sell share of Kushner family’s 666 Fifth Ave.
By Lois Weiss
April 7, 2017
Quote:
Vornado Realty Trust Chairman Steve Roth has for the first time publicly admitted his company may be selling its holding in the Kushner family’s 666 Fifth Ave.
The Kushners are looking to redevelop the office building into a 1,400-foot tall retail, hotel and residential tower while Roth prefers it to remain as is.
“This is an ongoing, complex, dynamic, and unpredictable situation . . . and it is the rare case when we may be sellers,” Roth said in his annual letter to shareholders.
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