Friday, 9 November 2018

Facing federal scrutiny, HNA in contract to sell 850 Third Ave

After facing federal scrutiny about its ownership of 850 Third Avenue, embattled Chinese conglomerate HNA Group is in contract to sell its stake in the Midtown office tower, according to sources familiar with the deal. Multiple sources told The Real Deal that the buyer is Joe Chetrit’s Chetrit Group, while additional sources said it was a member of the Chetrit family. Isaac Chetrit, who runs the real estate investment company AB & Sons, denied involvement in […]



source https://therealdeal.com/2018/11/09/facing-federal-scrutiny-hna-in-contract-to-sell-850-third-ave/

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