Chinese airline-to-finance conglomerate HNA said on Thursday that a US regulator had raised concerns over its ownership of an office building in Manhattan located a few city blocks from Trump Tower.
The Committee on Foreign Investment in the US, or Cfius, which reviews inbound investments for national security threats, recently raised concerns surrounding the 850 Third Avenue tower that HNA bought in 2016.
“There are unique facts and circumstances regarding the location of this particular property that did not exist at the time of purchase which have raised certain concerns”, an HNA spokesperson said in a statement, noting that they were addressing the problems and “working cooperatively with regulatory authorities.”
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