Jared Kushner's property empire had to thrive under Trump, right? Wrong

One Herald Square is not the only project proving problematic for Kushner Companies. In December, it was reported that investigators working for special counsel Robert Mueller looking into alleged Russian interference in the 2016 US presidential election, asked Deutsche Bank for data on accounts held by Trump and his family.

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Mueller’s Russia-focused team is also said to be looking into a $285m loan on the West 44th Street building that Deutsche Bank struck a month before election day 2016.

That deal is the focus of New York prosecutors who have requested documents from the German bank relating to the property, debt on which was used by the Kushners to take out $59m in cash. However, there is no indication that the subpoena is related to the company’s use of EB-5 or Mueller’s inquiry.

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