Jack Shafer offers advice to Jared Kushner, the new owner of the New York Observer newspaper. Kushner is 25 years old, is currently in both law school and pursuing an MBA, and got the $10 million purchase price from "flipping real estate" while he was a Harvard undergraduate.
Where'd he get the seed money for that little venture? Kushner is the son of Charles Kushner, the moneybags former New Jersey political power broker who was Jim McGreevey's political patron. The elder Kushner is currently doing a 24-month stretch for tax fraud and obstruction of justice; he's the guy who hired a hooker to entrap his own brother-in-law for blackmail purposes. But hey, good to know the new owner comes from good stock.
Kushner only bought the paper, reports said, because Robert DeNiro's group backed out of an earlier agreement.
Posted by Stephen Silver at August 3, 2006 12:18 PMHoly crap! Jared was on my March of the Living group. I gotta say, at least then, he was a really great guy. I wish him luck.
Posted by: Marti Sichel at August 4, 2006 09:49 AM