The Buzz | Manhattan mansion linked to HNA sells for USD90 Million
A seller affiliated with HNA Group Co., the Chinese conglomerate seeking buyers for real estate worldwide to stave off a liquidity crunch, has found a buyer for at least one Manhattan property: an Upper East Side mansion owned for less than a year.
The five-story property on East 64th Street was sold for USD90 million, according to records filed with New York City yesterday [Macau time] – records signed by Chen Guoqing, the brother of an HNA co-founder. And it was hardly a fire sale: the home was purchased last April for quite a bit less – just $79.5 million. Both the buyer and seller were limited-liability corporations named simply for the mansion’s address.
The transaction was reported earlier by the Real Deal. A representative for the buyer’s LLC didn’t immediately respond to AP.
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