Trump administration to seize stake in Chinese-owned building

The Trump administration, as part of a crackdown on certain US investments made by Chinese companies, is set to snatch a majority stake in 850 Third Ave., The Post has learned. The stake is owned by HNA, the deep-in-debt Chinese conglomerate — and its US partner in the building is desperate to save it. The... 09 August 2018, 08:01

Source: Real Estate | New York Post

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