Murray Kushner

Murray Kushner is an American real estate developer. After school, he worked for the family real estate business, and after his father's death, he and his siblings equally divided ownership of the company. His relationship with his brother eventually deteriorated over investment decisions, especially Murray's veto on the purchase of Berkshire Realty, a firm that owned 24,000 apartments, which would have made Kushner Properties the largest privately held real-estate firm in the region. In 2000, the brothers decided to no longer work together as business partners. His firm The KRE Group, has since grown to more than 100 full-time employees, with a portfolio of 9,000 apartments and 6 million square feet of office and industrial property. KRE has developed projects throughout the Northeast Corridor, with several located in Downtown Jersey City. In July 2014, the company began construction on the first phase of Journal Squared, a residential development adjacent to the Journal Square Transportation Center. The project will be constructed in three phases, and is approved for a total of 1,838 units, including a 70-story building, which will be one of the tallest buildings in Jersey City when completed.