While a published report last week suggested the HNA Conference Center in Palisades is up for sale, Orangetown’s supervisor says he’s been told that’s not the case. Tina Traster is the publisher of RCBizJournal.com, and reported that a private group in Brooklyn is under contract for the property in a nearly $50 million deal…
Traster reports HNA’s Chinese ownership group wants to unload it and other properties in the U.S., which it’s been doing for the last three quarters. Orangetown supervisor Chris Day says he’s been told it is not currently under contract to anyone and it’s not publicly listed for sale, but that’s not to say it couldn’t be sold in the future…
We reached out to HNA for comment but have not heard back.