NEW YORK, March 14 China's Anbang Insurance
Group said it is not investing in a Manhattan office
tower owned by the family of Jared Kushner, President Donald
Trump's son-in-law and senior adviser.
Anbang Insurance Group was named in a Bloomberg report as a
possible investor in a $4 billion deal to buy the 41-floor
building located at 666 Fifth Avenue, according to a copy of the
agreement that was being circulated to attract additional
"The information about Anbang investment in 666 Fifth Avenue
is not correct, there is no investment from Anbang for this
deal," a spokesman for Anbang said in a statement on Tuesday.
The property was purchased by Kushner Companies in 2006 for
$1.8 billion, which at the time was the highest sales price for
a single building in Manhattan.
"Kushner Companies is in active discussions around 666
5th Avenue, and nothing has been finalized,” a spokesperson for
Kushner Companies said on Tuesday.
(Reporting by Matthew Miller in Beijing and Koh Gui Qing in New
York; Editing by Bernard Orr)