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Sale of New York’s HSBC Tower for $855 Million Faces Further Delay After Tenant Departure, Owner Says

Israel-Based Property and Building Rejects Buyer’s Revised Terms After Namesake Tenant Decided Not To Renew Lease
A sale of HSBC’s U.S. headquarters at 452 Fifth Ave. in Manhattan has likely been scuttled. (CoStar)
A sale of HSBC’s U.S. headquarters at 452 Fifth Ave. in Manhattan has likely been scuttled. (CoStar)

Global bank HSBC’s decision to relocate its Manhattan headquarters could disrupt the scheduled completion of the twice-delayed sale of its current corporate home that’s scheduled for Monday, according to the building’s owner.

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