Source:
https://scmp.com/business/china-business/article/2181444/chinas-hna-group-sells-manhattan-building-near-trump-towerChina Business
China’s HNA Group sells Manhattan building near Trump Tower amid national security concerns
- Real-estate news site Bisnow reported earlier that developer Jacob Chetrit and his sons bought the tower in a US$422 million transaction that resulted in a loss
HNA Group sold a building in Manhattan to help ease the embattled conglomerate’s debts and stave off US concerns about a Chinese company owning property near Trump Tower.
HNA completed the sale, the group said in a statement, without providing details.