UPDATED, 5:55 p.m., March 20: Chinese conglomerate HNA Group and an unidentified partner are in contract to acquire 245 Park Avenue for $2.21 billion, The Real Deal has learned. The deal, were it to close at that price, would be one of the priciest-ever purchases of a Manhattan skyscraper, and perhaps the most emphatic example of Chinese institutional money making its mark on the New York skyline. Brookfield Property Partners and the New York State Teachers’ Retirement […]

Source: trdnews

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