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Kushner Cos. pays fine to NYC regulators

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Kushner Cos. paid a fine to New York City regulators for allegedly claiming it had no rent-regulated tenants in its buildings.

The family-run real estate company was fined $210,000 for the alleged lie. The company actually had hundreds of rent-regulated tenants, according to the New York Business Journal.

Officials with Kushner Cos. claimed it relied on "third-party consultants" to prepare its construction permit applications. The officials said the errors "have been corrected or will be."

Read more from the New York Business Journal.

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