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NY, Chicago Tower Owner Hits Ch. 11 In Del. With $2.2B Debt

Investor owners of office towers in New York and Chicago have sought Chapter 11 protection in Delaware, aiming to restructure a nearly $2.2 billion debt and jettison a "conflicted" New York property manager accused of moving too slowly on Major League Baseball's exit as a tenant. ....

New York , United States , Moshiny Meghji , Jeff Montgomery , Major League Baseball , Property Management ,

NY, Chicago Tower Owner Hits Ch. 11 In Del. With $2.2B Debt

Investor owners of office towers in New York and Chicago have sought Chapter 11 protection in Delaware, aiming to restructure a nearly $2.2 billion debt and jettison a "conflicted" New York property manager accused of moving too slowly on Major League Baseball's exit as a tenant. ....

New York , United States , Moshiny Meghji , Jeff Montgomery , Major League Baseball , Property Management ,