Posted Apr 5, 2017, 4:50 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,912
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Quote:
Originally Posted by citybooster
You mean that now dormant 1,100 ft residential tower one? Can you link to any info on that?
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In the thread...
http://forum.skyscraperpage.com/show...&postcount=299
https://therealdeal.com/2017/04/05/h...-hudson-yards/
HNA backs Tishman Speyer’s bets in Brooklyn, Hudson Yards
Chinese conglomerate behind purchase of 245 Park has been on NYC real estate shopping spree
By Katherine Clarke
April 05, 2017
Quote:
HNA Property Group, the Chinese conglomerate behind the $2.2 billion deal for 245 Park Avenue, is backing Tishman Speyer’s Hudson Yards megatower and its creative office redevelopment plans in Brooklyn, the developer said Wednesday.
HNA, headed by Chen Feng, is a partner on the development of the Wheeler, a 10-story creative office project rising above Macy’s department store in Downtown Brooklyn, as well as on the 2.85-million-square-foot, Bjarke Ingels-designed tower known as the Spiral in the Hudson Yards area.
.....In September, the firm filed plans for a 65-story, 1,005-foot office skyscraper at 66 Hudson Boulevard that’s slated to cost $3.2 billion, one of the most expensive office projects in history. Tishman Speyer spent $438 million acquiring the parcels along West 34th Street in 2014.
HNA has been on a New York shopping spree in recent months. The company, which began in 1989 as a private airline in Hainan, is in contract to pay $2.21 billion the buy the Park Avenue building from Brookfield Property Partners and the New York State Teachers’ Retirement System. It also owns stakes in 850 Third Avenue, the Cassa Hotel at 70 West 45th Street and 1180 Sixth Avenue. The company is exploring a sale of 1180 Sixth, however.
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