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BumRushDaShow

(131,307 posts)
Thu May 16, 2024, 06:39 PM May 16

Serbia Approves Contract With Jared Kushner for Hotel Complex

Source: New York Times

May 16, 2024 Updated 1:53 p.m. ET


The Serbian government has approved a contract with Jared Kushner on plans to build a luxury hotel on the site of the former defense ministry in Belgrade, putting him directly into business with a European state as his father-in-law, Donald J. Trump, vies to return to the White House. Mr. Kushner is pursuing the $500 million hotel project in partnership with Richard Grenell.

A former Trump administration aide, Mr. Grenell first proposed that U.S. investors attempt to redevelop the long-vacant, bombed-out site of the former Yugoslav Ministry of Defense while Mr. Grenell was still a diplomat, serving as a special envoy to the Balkans. The deal, which provoked protests in Belgrade on Thursday, is with an affiliate of Mr. Kushner’s Affinity Partners, the three-year-old, $3 billion investment fund backed by the sovereign wealth fund of Saudi Arabia.

“The government of Serbia has chosen a reputable American company as a partner in this venture, which will invest in the revitalization of the former Federal Secretariat for National Defense complex,” a Serbian government official said in a statement released on Wednesday. The complex was bombed in 1999 by NATO forces with the backing of the United States during the war Serbia was then waging with Kosovo. It is now considered a prime undeveloped real-estate site in the middle of a much-changed city, and Mr. Trump himself considered building a hotel on it in 2013.

For Mr. Kushner, who is also planning two luxury hotel projects in neighboring Albania, these deals in the Balkans are among the largest he has made since starting his investment firm. “The economic progress in Serbia over the past decade has been impressive,” Mr. Kushner said in a statement confirming the approval of the deal. “This development will further elevate Belgrade into the premier international destination it is becoming.

Read more: https://www.nytimes.com/2024/05/16/us/politics/kushner-serbia-hotel.html



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Serbia Approves Contract With Jared Kushner for Hotel Complex (Original Post) BumRushDaShow May 16 OP
Soon in Gaza, too! OAITW r.2.0 May 16 #1
this will be the least corrupt project in the history of humanity prodigitalson May 16 #2
Apologies, but who the hell wants to go to Serbia for anything? paleotn May 16 #3
I think you answered your own question BumRushDaShow May 16 #4
Europeans go to Serbia. former9thward May 16 #6
Wasn't "Little Russia" a former name for Ukraine? JustABozoOnThisBus May 17 #9
I hope there are extensive construction delays and overruns. littlemissmartypants May 16 #5
Thats the point Angrybob2001 May 17 #7
Wow! I had no idea that Jared Kushner had a bedbug business. /S littlemissmartypants May 17 #8

paleotn

(18,085 posts)
3. Apologies, but who the hell wants to go to Serbia for anything?
Thu May 16, 2024, 08:01 PM
May 16

"little Russia" is almost, if not worse than "big Russia".

littlemissmartypants

(23,117 posts)
5. I hope there are extensive construction delays and overruns.
Thu May 16, 2024, 08:18 PM
May 16

I hope he can't find workers and those he finds quit, repeatedly. I hope someone sabotages the entire project and he never sees a dime in profit.

I hope the entire operation is quickly overrun by an enormous infestation of bedbugs that they can never exterminate.

Other than that, I wish him good luck.

Angrybob2001

(33 posts)
7. Thats the point
Fri May 17, 2024, 05:30 AM
May 17

How else would you make money building a hotel. Haven't you paid attention to trump empires tax shenanigans and shell games.

littlemissmartypants

(23,117 posts)
8. Wow! I had no idea that Jared Kushner had a bedbug business. /S
Fri May 17, 2024, 01:03 PM
May 17

Last edited Fri May 17, 2024, 05:08 PM - Edit history (1)

And what's his father in law got to do with his son in law"s business?

I don't believe that the plan is to put giant T-R-U-M-P letters on any Jared and Ivanka enterprises. Anymore than they'll add B-O-N-E-S-A-W to the marquee.

The smartest thing that they may be doing right now is dissing him. Which is what's happening now in case no one else knows.

They are billionaires now in their own right. They don't need no has been, loser, criminal, failed pseudo politician.

And to be clear I personally, won't be opening up any hotels as implied in this quoted statement here...

"...How else would you make money building a hotel."


And it's not necessary to try to question someone's engagement in an issue. Especially any issue that isn't discussed in any post. Of course, unless one has been sitting on their shoulder every day and night as they're reading various things and have intimate knowledge of that person's thoughts.

Haven't you paid attention to trump empires tax shenanigans and shell games


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