Law Students

Brooklyn Law School Selling Buildings to Kushner Cos.
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Six buildings that are used as student housing will be purchased from the Brooklyn Law School by the Kushner Cos., according to The Brooklyn Daily Eagle.

The company is a real estate company headed by the son-in-law of Donald Trump, Jason Kushner. The company is based in Manhattan.

  
What
Where


According to The Real Deal, the price to purchase the buildings comes in at $36.5 million.

“Today, Brooklyn Law School executed a contract and accepted a deposit for the sale of six of our smaller properties,” Nick Allard, Joseph Crea Dean and Professor of Law at BLS, told the Eagle in a statement.

“The Board of Trustees authorized the sale because with a smaller student body we need fewer apartments to meet the housing needs of our students.”

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




The buildings were originally listed on the market at $41.15 million for all six of them. The six buildings have 110 residential units and are pretty much vacant now.

“The sale of these residence halls takes place at an opportune time in the real estate market,” Allard said. “It made good practical sense to monetize these assets.”



Allard noted that students who apply by May 1 will continue to be guaranteed housing. Housing is provided to more than one-third of its students across three properties.

“The property sale is one of a number of sound, prudent steps taken by the Law School to continue to provide our students with the best educational experience possible,” Allard said.



 

RELEVANT JOBS

Personal Injury Insurance Defense Attorney

USA-CA-Los Angeles

Hickey Smith Dodd is seeking a Personal Injury Insurance Defense Attorney in the Southern California...

Apply now

Associate Attorney - Defense Litigation Experience

USA-TX-Dallas

Galloway\'s Dallas office is seeking an Associate Attorneys with 2 - 5 years of experience to handle...

Apply now

Part-time Staff Attorney – Housing and Homelessness Prevention Unit

USA-CA-Santa Ana

  Part-time Staff Attorney – Housing and Homelessness Prevention Unit ...

Apply now

Staff Attorney – Housing and Homelessness Prevention Unit

USA-CA-Santa Ana

Full-time Staff Attorney – Housing and Homelessness Prevention Unit Organization Descriptio...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Education Law Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with ...

Apply Now

Education Law Attorney

USA-CA-Carlsbad

Carlsbad office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with 4-...

Apply Now

Education Law and Public Entity Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law and public ent...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top