It’s the latest in a number of troubling conflict-of-interest issues highlighting Kushner’s dual role as a White House official and a private businessman.
The ferry project, which would help bring New Yorkers practically to the doorstep of the resort, could boost the value of the 269 condos, which are currently selling for up to $1.9 million each, a former local official told AP, which discovered the connection between the ferry proposal and the Kushner property.
The Federal Transit Administration had already given the Jersey Shore city of Long Branch $3.34 million in 2008 to redevelop a fishing pier. But now local leaders are talking with the federal officials about gaining more funds to create the ferry service, and the FTA appears to support the plan, according to the AP.
Source: yahoo
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