Why Jared Kushner And Ivanka Trump’s Albanian Resort Plans Are Under Fire
Key takeaways
- It’s unclear how long that probe could take to play out or what consequences it could have for Kushner’s development.
- Albanian Prime Minister Edi Rama has doubled down on Kushner’s planned construction in the face of increasing social unrest.
- There’s so far no projected timeline for the resorts in Sazan or Zvërnec to be completed, and the projects are not far enough along for any construction to begin.
Topline Thousands of Albanians have gathered in recent days to protest Jared Kushner’s planned luxury resort development, the latest controversy to befall his efforts on the Adriatic Coast, as Kushner broadly faces growing scrutiny for using his private equity fund Affinity Partners to work with foreign governments during his father-in-law’s second presidential term.
Protestors take part in a demonstration in front of the prime minister's office in Tirana, Albania, on June 3.AFP via Getty ImagesKey FactsKushner and Affinity are in the early stages of developing two plots of land in Albania, a $1.4 billion deal on the uninhabited island of Sazan and a $4.7 billion deal on part of a protected coastal landscape in Zvërnec.
Kushner intends to build luxury resorts on the properties—with the help of wife Ivanka Trump—telling The Guardian the Sazan resort would be a “very high-end luxury product” that he wanted as “the ideal resort that I’d want to be at with my family and with my friends.”