The federal government has been advising a beach town on the Jersey Shore on plans to build a pier and start a ferry service that would speed New Yorkers to the doorstep of a resort co-owned by Jared Kushner.
Kushner’s resort sits right next to the proposed pier, which places the federal government in the awkward position of helping steer a project that would benefit President Donald Trump’s son-in-law and senior adviser. Once the project is complete, a former city official said, it would boost property values at the Kushner resort, which is currently selling 269 condos for as much as $1.9 million each.
The Federal Transit Administration, an agency under the Transportation Department, first gave Long Branch, New Jersey, $3.34 million in 2008 to redevelop a fishing pier beloved by generations of beachgoers, but that’s not enough money to finish the project. City leaders have been talking with federal transit officials about how to apply for more funds, and say the agency highlighted the ferry plan at a conference last year as a promising way to improve traffic by getting commuters off the roads.
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If the pier is rebuilt on its historic site and the ferry starts up, the value of those condos could rise as much as 50 percent, said Howard Woolley, Long Branch’s former business administrator.
Kushner Cos. spokeswoman Christine Taylor said the pier would benefit Long Branch, and had “no specific benefit to us versus anyone else” in town.
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Kushner real estate company and Trump Organization privately discussing hotel business deal: report https://t.co/Xq6yh3jtTu pic.twitter.com/OD6iVkJtBf
— The Hill (@thehill) March 10, 2018
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