18 April 2019

Fosun buys Manhattan landmark for US$725 mln, filing says

Fosun International Ltd. (00656.HK) has bought New York landmark One Chase Manhattan Plaza for US$725 million, it said in a regulatory filing Friday. The purchase was made by a subsidiary from JP Morgan Chase Bank N.A. The 60-story tower has 2.2 million square feet of grade A office space and features five lower levels on a 2.5 acre plaza. The building used to house the world headquarters of Chase Manhattan Bank.

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