Timothy L. O'Brien, Columnist

Qatar and the Kushners: What to Watch For

A foreign bailout of a Trump in-law’s troubled Fifth Avenue building wouldn’t necessarily be tainted.

May 17, 2018 at 8:14 PM UTC

Corrected

May 17, 2018 at 10:10 PM UTC

Timothy L. O'Brien is senior executive editor of Bloomberg Opinion. A former editor and reporter for the New York Times, he is author of “TrumpNation: The Art of Being the Donald.”

The problem.
Photographer: Drew Angerer/Getty Images

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As you may recall, the Kushner family owns a troubled skyscraper in Manhattan located at 666 Fifth Avenue. Jared Kushner bought the building in 2007 for a record-setting $1.8 billion, a lofty price that marked the young developer's entry into high-profile New York dealmaking while also threatening to strain his family's personal finances should the transaction not work out.

It didn't work out. Now, help is finally on the way. And suddenly it’s not just a story about a New York real estate deal, but one that raises questions about the commingling of private business interests with the public policy of the United States.