Foreign Property News | Posted by Hnin Ei Khin
The future first daughter and her husband are living in the Kalorama neighborhood of the nation's capital.
When Ivanka Trump and Jared Kushner moved into an 8,200-square-foot house in the Kalorama neighborhood of Washington, D.C. earlier this year, it wasn't clear whether they owned or rented the property.
Now we know they're renting it—for $15,000 a month—from Chilean billionaire Andrónico Luksic, who's currently embroiled in a legal dispute with the U.S.
government over a proposed nickel-and-copper mine in Minnesota. (The Wall Street Journal first reported the rent and house's owner after reviewing recently filed documents.)
The house, at 2449 Tracy Place NW, is literally around the corner (only a three-minute walk!) from the Obamas' new residence, an 8,200-square-foot house at 2446 Belmont Road NW, which they are also renting.
The six-bedroom, 6,870-square-foot house sold for $5.5 million—$100,000 less than the asking price—on December 22 last year, and the identity of the buyer had until recently not been disclosed.
Luksic's mining company suffered a setback last year when the Obama administration blocked the Minnesota project because of environmental concerns, but a few Minnesota politicians have asked the Trump administration to reconsider.
(The White House and Luksic's spokespeople have denied any connection between the mining issue and the house rental.
White House spokesperson Hope Hicks told the Journal, "This was an arm’s-length transaction at a market price," in response to a claim that the rent represented a raw deal for the landlord.)
The 1923 house, designed by architect Waddy Wood, previously sold for $3.5 million in 2013.
Below, check out the house's interior, which includes five wood-burning fireplaces and a master suite with walk-in closets, a soaking tub, and a deck that overlooks the garden.
Ref: Property Report
