George Comfort blames Deutsche Bank for botched Worldwide Plaza deal

George Comfort & Sons President Peter Duncan blamed lender Deutsche Bank for the breakdown in a deal to buy the former Macklowe Properties Worldwide Plaza west of Times Square. The real estate firm and investment partner RCG Longview were “disappointed that the seller, Deutsche Bank AG, has decided not to honor the contract,” Duncan said in a statement. The companies were in contract to purchase the 1.8 million-square-foot office tower at 825 Eighth Avenue between 49th and 50th streets after the bank took it back from Macklowe Properties. Duncan held out hope the deal could still be finalized. “We have an executed sales contract, a significant hard deposit in place, and even a closing date of June 30th from the seller’s attorneys. We are ready to close,” he said. TRD