Mar
20
China’s HNA Is Buying a NYC Office Tower for $2.21 Billion
By-
Purchase of 245 Park Ave. would be one of Manhattan’s priciest
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Sellers are Brookfield Property, New York teachers pension
Ave. for $2.21 billion, one of the highest prices ever paid for a New York skyscraper, two people with knowledge of the negotiations said.
HNA may be involved with at least one partner on the purchase, said the people, who asked not to be identified because the transaction is private. The 1.7 million-square-foot (158,000-square-meter) office tower, with tenants including JPMorgan Chase & Co., is being sold by Brookfield Property Partners LP and its 49 percent partner in the property, the New York State Teachers’ Retirement System…
China’s HNA Is Buying a NYC Office Tower for $2.21 Billion
