It may be the first New York trophy trade to be scuttled by the coronavirus. Jacob Chetrit’s $815 million deal to buy the former Daily News Building in Midtown from SL Green Realty is off after Chetrit’s principal lender, Deutsche Bank, backed out, the Wall Street Journal reported. Andrew Mathias, president of SL Green, confirmed to the newspaper that the sale is no longer on the table, and said that the real estate investment trust,
source https://therealdeal.com/2020/03/25/jacob-chetrit-pulls-out-of-815m-daily-news-building-deal-sl-green-keeps-his-35m-deposit/
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