1,000,000 + Attorneys and Legal Staff - Legal employers hire more people on LawCrossing than any other site.
Pathway to Law School Initiative Helps Students Gain Admission to Law Schools
Pathway to Law School Initiative Helps Students Gain Admission to Law ...
Seton Hall Law Dean Patrick Hobbs Stepping Down from Post
Seton Hall Law Dean Patrick Hobbs Stepping Down from Post
Eckerd College and FSU College of Law Join Together in New Accelerated Law Program
Eckerd College and FSU College of Law Join Together in New Accelerated...
Iowa Bar Association Considers Lifting Bar Exam Requirement for Lawyers
Iowa Bar Association Considers Lifting Bar Exam Requirement for Lawyer...
Your profile matches an open legal position. Apply now!
Job Listings

Brooklyn Law School Selling Buildings to Kushner Cos.

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.

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

What

 job title, keywords

Where

 city, state, zip



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!!


“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.”

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.

Brooklyn Law School Selling Buildings to Kushner Cos. by

Tagged: , ,

Posted by on February 25, 2014. Filed under Law School News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

 

 

Job of the Day
Medical Malpractice Defense Associate
USA-NY-White Plains

Our client is currently seeking a Defense Medical Malpractice Associate with the following: JD from an accredited law school Must be admitted to practice in the state of New York 2-...