Jared Kushner’s Latest Real Estate Deal Comes With Shocking Condition
Jared Kushner received a massive real estate deal in Serbia—with some interesting fine print.
Jared Kushner is apparently keenly adept at making choices that piss off everyone: His recent contract with the Serbian government to bulldoze the bombed-out ruins of the Yugoslav Ministry of Defense complex and convert it into a luxury hotel carries with it a fine-print commitment to build a “memorial dedicated to all the victims of NATO aggression”—a direct condemnation of the United States that whitewashes the ethnic cleansing of Albanians in Kosovo, according to intelligence blog SpyTalk.
Retired General Wesley Clark, who served as NATO Supreme Allied Commander during the 1999 bombing campaign, balked at the memorial commitment. Speaking to SpyTalk, Clark decried the proposed memorial as “worse than a reversal” of U.S. policies in the region, calling it “a betrayal of the United States, its policies and the brave diplomats and airmen who did what they could to stop Serb ethnic cleansing.”
In May, Kushner secured a massive $500 million contract with the state of Serbia to build a hotel on the memorialized ruins of a former military base in Belgrade, sparking protests in Belgrade against the deal. The contract is being bankrolled by Kushner’s Saudi-backed investment company, Affinity Partners. In defense of the contract, a Serbian government official described Kushner’s company, primarily funded by foreign interests, as a “reputable American company.”
Prior to approval of the contract, public officials in Serbia heavily opposed the deal for its insensitivity and potential for political manipulation. Serbian politician Borko Stefanovic described the location as “one of the pearls of pre-war architecture” to The Daily Beast, noting, “Most Serbs believe this site should not be desecrated in any way.”
The Yugoslav Ministry of Defense military complex was bombed by NATO forces in 1999 during a U.S.-backed campaign that killed an estimated 2,000 civilians and lasted until the Yugoslav Army retreated from Kosovo during the Kosovo War.
Clark criticized the overall contract between Kushner’s company and the Serbian government in addition to the memorial clause, arguing that the contract is not just an opportunistic gambit but “part of a broader Russian intelligence movement to split, discredit and weaken NATO.” Kushner’s father-in-law and Kremlin ally Donald Trump has long sought to build a hotel on the military complex ruins and has heavily criticized NATO, with looming threats of the U.S. leaving the alliance if he regains the presidency.