HNA Group has sold a third condo unit at One57 at a significant loss, the latest in a long-running series of trophy dispositions for the once high-flying Chinese conglomerate. An entity affiliated with the firm sold a 67th-floor unit at Extell Development’s Billionaires’ Row tower for $17.2 million, property records show. That’s a 43 percent loss from the $30 million the company paid for the 4,500-square-foot pad in 2015. HNA grabbed the spotlight with splashy
source https://therealdeal.com/2020/07/29/hnas-fire-sale-continues-with-one57-deal/
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