Brooklyn Heights

Report: Jared Kushner’s company makes record-breaking Brooklyn Heights house-sale deal

Reported sale of 27 Monroe Place is second-priciest in the entire borough

May 4, 2017 By Lore Croghan Brooklyn Daily Eagle
Presidential senior adviser Jared Kushner's company has made a record-breaking Brooklyn Heights house sale, according to a New York Post report. AP Photo/Evan Vucci

Score one for Jared Kushner.

The company headed until recently by President Trump’s son-in-law and senior adviser has made a record-breaking property transaction.

The Kushner Cos. sold landmarked rowhouse 27 Monroe Place for $12.9 million, New York Post columnist Jennifer Gould Keil reported.   

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That is a new record for a Brooklyn Heights house sale.

The price surpasses the $12.5 million sum that “Grand Theft Auto” video-game creator Dan Houser and his wife Krystyna paid in 2012 for 70 Willow St., the 1830s mansion where Truman Capote worked on “Breakfast at Tiffany’s” and “In Cold Blood.”

Jared Kushner stepped aside from the leadership of Kushner Cos. to serve as President Trump’s senior adviser. He was in charge of the company back in 2014 when it bought 27 Monroe Place from Brooklyn Law School. The purchase price was $7,419,004, city Finance Department records indicate.

Prior to the sale of the 1840s rowhouse, Kushner Cos. meticulously renovated it and transformed it into a single-family home.

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The Brooklyn Eagle could not ascertain the identity of 27 Monroe Place’s purchaser because the property’s sale deed does not yet appear in Finance Department records.

A Kushner Cos. spokesman declined to comment on the transaction.

The asking price for the brick rowhouse had been $16 million. The listing brokers were Corcoran Group’s Leslie Marshall and James Cornell.

In recent years, Jared Kushner’s company and its investment partners have paid more than $1 billion to amass a high-profile property portfolio in Brooklyn Heights and neighboring DUMBO.

In Brooklyn Heights, Kushner Cos. and its investment partners now own the former headquarters of the Jehovah’s Witnesses at 25-30 Columbia Heights — the complex that’s topped with an iconic red-neon sign that says “Watchtower.”

DUMBO purchases include a massive parking lot at 85 Jay St. with about 1 million square feet of development rights and a cluster of former Watchtower Bible-printing plants on Prospect, Adams, Sands and Pearl streets that have been turned into a techie-friendly office complex that’s now called DUMBO Heights.

Kushner Cos.’ sale of 27 Monroe Place house is the second-priciest house sale in the entire borough of Brooklyn.

The record for most expensive Brooklyn house still rests with 177 Pacific St. Photographer Jay Maisel paid $15.5 million for the Cobble Hill property in 2015.

 


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