Emily GirschJul 23, 2017, 11:43 pm

Jared Kushner divests from 3 companies associated with Monmouth Mall

Disclosure forms reveal that the mall is owned by the Kushner family's multi-billion dollar real estate firm


New disclosure forms show that the president's son-in-law, Jared Kushner, divested from three limited liability companies associated with Monmouth Mall and is now in the process of divesting from a liquor license there as well.

As President Trump's senior advisor, Kushner is required to file the financial disclosure forms.

Those forms made news Friday after they were revised yet again to show he had "inadvertently omitted" more than 70 assets, worth over $10 million.

Jared Kushner faces heightened scrutiny about his many business holdings and how they may conflict with his role in shaping public policy.

Our partners at The Record report that it's valued at $230 million dollars and is the largest single property tax contributor in the town of Eatontown.

The Kushner Family Company was actually in the midst of planning a massive $500 million dollar redevelopment project there.

Now that project may be in jeopardy with Jared Kushner divesting. The redevelopment also faces some hurdles locally after a group of residents sued to stop the redevelopment. That case went to trial earlier this month.

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