Jared Kushner's family buys beachfront Jersey Shore motel

LONG BRANCH – A firm owned by the family of Jared Kushner has purchased a beachfront motel next to Pier Village, according to a report.

Kushner Cos. bought Ocean Court by the Sea for an undisclosed amount, APP.com said. The 59-year-old motel is located at 170 Ocean Ave. near the Pier Village development.

Kushner Cos. co-owns Pier Village with another company. The real estate development firm last month gained approval for a $283 million expansion which will include 269 luxury condo units, a parking garage, a carousel and a performance stage, the report said. …read more

Source: NJ.com Monmouth

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