NEW YORK (AP) – A collaboration between the Trump Organization and Jared Kushner’s family firm on a pair of hotels in New Jersey is over.
The president’s company is no longer managing a Kushner-owned hotel in Livingston and talks to strike a similar deal for a hotel in Long Branch have ended, a person familiar with the matter said Thursday. Ethics watchdogs have said the collaboration could have compromised Jared Kushner’s role as an adviser to his father-in-law, President Donald Trump.
The person who spoke to The Associated Press gave no reason for the end of collaboration, but noted the Kushners have recently hired a new head of their hotel operations with his own plans for the business. The person was not authorized to talk to the press on the matter and so requested anonymity.
The president took in $20,000 of revenue last year for managing the Westminster Hotel in Livingston, according to his latest financial disclosure report.
The planned hotel in Long Branch on the Jersey Shore would be attached to beachfront resort partly owned by the Kushner Cos. that includes hundreds of condominiums on sale for as much as $1.9 million. A hotel there would be part of an effort to lure weekend travelers, brought to the resort by a possible ferry service from New York City.