What tenants are paying at Chetrit’s 850 Third Ave

When Chinese airline-turned-conglomerate HNA Group sold the office tower at 850 Third Avenue at a loss early last year, one major motivation was to avoid scrutiny from the U.S. government, which had threatened to seize the property due to national security concerns. The way things turned out, HNA’s disposal of this trophy asset also helped it sidestep a headache involving its biggest tenant, whose lease has ended up in limbo after expiring in the middle … Continue reading What tenants are paying at Chetrit’s 850 Third Ave