Why did Jared Kushner end litigation over a dispute with two New Jersey restaurants?
President-Elect Donald Trump has praised his son-in-law, Jared Kushner, saying that the 35-year-old businessman could play a role in trying to bring peace to the Middle East.
Whether or not that is possible, Kushner has brought some peace to Long Branch, New Jersey by agreeing to a settlement in a lawsuit brought by two local businesses. Kushner had been seeking to evict Stewart's Root Beer and Corner Café & Bistro from his Pier Village development but has now relented.
Developer Did Not Countersign Renewal Leases for the Restaurants
The lawsuit arose over a lease dispute between the two restaurants and the Kushner Companies, Kushner's development company. The restaurants had been leasing at Pier Village years, but their leases were both due for renewal in 2015, not long after the original developer of Pier Village sold the retail premises to Kushner's company and another company.
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