Deutsche Know? No We Didn't! Bank Blindsides Would-Be Buyers of Worldwide Plaza

Deutsche Bank blindsided real estate investors George Comfort & Sons and RCG Longview on Monday, June 22, when they learned—just hours before the Wall Street Journal ran an item leaked by Deutsche through their broker Eastdil Secured—that the bank was backing out of its deal to sell a controlling interest in Harry Macklowe’s old Worldwide Plaza. Sources involved said even some Deutsche players were taken aback.

George Comfort and his partners had already made a...

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