China Investor Said in Talks for Stake in NYC GM Building
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A Chinese investor is in talks to buy a 40 percent stake in Manhattan’s General Motors Building, a 50-story tower near the southeast corner of Central Park.
The prospective buyer is the family of Zhang Xin, chief executive officer of office landlord Soho China Ltd., according to a person with knowledge of the negotiations who asked not to be named because the talks are private.