Anbang, Kushner in property deal talks

China’s Anbang Insurance Group is in talks to invest in a project to redevelop a flagship New York City building owned by Kushner Companies, the family real estate business run by US President-elect Donald Trump’s son-in-law Jared Kushner. The talks to revitalize the 41-floor building located at 666 Fifth Avenue, were first reported by the New York Times on Saturday in an extensive article about Jared Kushner that detailed a November meeting between him and Anbang Chairman Wu Xiaohui days after Trump won the presidential election. The deal has not been completed and key points remain in discussion, the newspaper reported, citing representatives for Jared Kushner. A source, who was not authorized to speak publicly, confirmed the talks to Reuters but did not elaborate.