Ivanka Trump's Landlord Is a Chilean Billionaire Suing the U.S. Government

[mahatmakanejeeves]

Last edited Thu Mar 9, 2017, 02:28 PM - Edit history (1)

Report: Trump's daughter, son-in-law renting from Twin Metals owner

By Forum News Service on Mar 8, 2017 at 5:43 p.m.

WASHINGTON — President Donald Trump's daughter and son-in-law are renting a house from the Chilean family that owns the Twin Metals copper mining project proposed near Ely, {Minnesota,} according to a report Wednesday in the Wall Street Journal. ... The report said Ivanka Trump and Jared Kushner are renting a Washington home owned by Chilean billionaire Andronico Luksic, whose family controls Antofagasta, the Chilean global mining giant that owns a 100 percent interest in the Twin Metals project.

The ties come just as Twin Metals is suing the U.S. government to overturn a moratorium on access to U.S. Forest Service land where it wants to mine near the Kawishiwi River and Boundary Waters Canoe Area Wilderness.

The Obama administration in December ruled that the area was too sensitive to withstand potential water pollution from a copper mine, a decision that — if it stands — would scuttle the Twin Metals proposal. ... Twin Metals had already sued, anticipating the decision. And now the Trump administration is being asked to overturn the Obama administration decision.

The Wall Street Journal reported that Trump and Kushner are renting from Tracy DC Real Estate Inc., which bought the house for more than $5 million in December. The company is controlled by Luksic, who also controls Antofagasta.

I found the article in The Wall Street Journal. via Proquest.

http://search.proquest.com/nationalnewsexpanded/docview/1875194288/373573E039484126PQ/3?accountid=xxxxx

See your public librarian for getting access to this article. Also, if you go in via the author's Twitter feeds, you can gain access to the article.

Ivanka Trump’s Landlord Is a Chilean Billionaire Suing the U.S. Government

President Donald Trump’s daughter and her husband, White House adviser Jared Kushner, live in a Kalorama house owned by a Chilean business titan. His company is suing the U.S. over a Minnesota mine

By Mark Maremont and James V. Grimaldi

[e-mail]

Updated March 8, 2017 3:26 p.m. ET

Ivanka Trump and Jared Kushner are renting a Washington, D.C., home from a Chilean billionaire who bought it after the November election and whose company is embroiled in a dispute with the U.S. government over a mine potentially worth billions of dollars. ... The six-bedroom house in the capital's Kalorama neighborhood was bought for $5.5 million in late December by a company controlled by Andrónico Luksic, according to public records and interviews. Mr. Luksic's family is the wealthiest in Chile, by some accounts, and controls a mining, banking and industrial empire that Forbes estimates is valued at $13.1 billion.

Ms. Trump and Mr. Kushner are President Donald Trump's daughter and son-in-law. The couple moved into the house with their family around the time of his inauguration. Mr. Kushner is a top White House adviser .

The Obama administration in its waning days blocked a Luksic-company plan to build a giant copper-and-nickel mine adjacent to a Minnesota wilderness area, citing environmental concerns. The company and some Minnesota politicians are urging the Trump administration to reverse the decision.

Requests for comment from Mr. Luksic were referred to Rodrigo Terré, a relative of Mr. Luksic's who manages the billionaire's personal investments. Mr. Terré said that a Luksic company, Tracy DC Real Estate Inc., bought the Washington house as an investment and that the rental to the couple was coincidental. He said the couple was paying "absolute market value" in rent, declining to disclose the amount. ... He said "categorically" there was no relationship between the house rental and the Minnesota mining dispute, adding that he and Mr. Luksic had not met their famous tenants.

Mark Maremont: @MarkMaremont

Senior Editor at The Wall Street Journal. I generally cover complex business, financial and politics stories. Opinions my own. Retweets are not endorsements.

JamesVGrimaldi: @JamesVGrimaldi

James Grimaldi is a Pulitzer-winning journalist from Kansas City, Mo., living in Washington D.C., working for The Wall Street Journal.

Thanks!
Not in our story, but Ivanka's Chilean billionaire landlord bought Tom Brady's Boston penthouse for $9.2 mil in 2012. Small world.

Link to tweet

[logosoco]

1. Family connection or not, i think it is pretty obvious by now

that this administration does not care about water quality for any living creature. Especially if there is money to be made. Also, I think tRump has a thing about repealing anything that Obama did, no matter what it involves.

[Cracklin Charlie]

2. Aw, c'mon, man!

The grift is so deep and wide.

For shame.

[Achilleaze]

3. Sweet ! It's so special to be a republican

See. Not all sweetheart goodies fall into republican hands from russian sugardaddies. Republican sweetheart goodies are like so totally international and stuff.

Don't you wish you were an elite republican comrade so you could cash in, too?