“Jared divested that legacy contingent right as soon as it came to our attention,” Roberts said. The construction site of the One Journal Square luxury apartment project in Jersey City, N.J. When the One Journal Square project was pitched to New Jersey officials, WeWork was both an equity partner and the planned anchor tenant. A spokesman for WeWork, Dominic McMullan, said last week that WeWork was still an equity partner in One Journal Square. He said WeWork had no knowledge of the value of any Kushner Cos. contingent rights.

Source: Washington Post August 31, 2017 16:58 UTC