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[size=110%]The family real estate company once run by Jared Kushner is no longer seeking $150 million from Chinese investors for a New Jersey building project after months of criticism that the company was playing up its White House ties to raise the money.
A person familiar with the fundraising effort said this week that the company has stopped trying to raise money from wealthy Chinese to help pay for One Journal Square, a planned 66-story residential, retail and office complex in Jersey City, New Jersey, just across the Hudson River from lower Manhattan. The person was not authorized to discuss the matter publicly and spoke to The Associated Press on condition of anonymity.
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