Thursday, January 28, 2010

Israel's dirty feet

"According to the new American report, due to his standing in Angola Leviev came to know the Chinese companies and began to form business ties with them. These ties produced several huge deals involving the prestigious Manhattan real estate owned by Leviev and the companies owned by Africa Israel and Memorand. China Sonangol purchased the JP Morgan building on 23rd Street opposite the New York Stock Exchange for $150 million; for another $150 million it purchased 49 percent of the Met Life clock tower apartment building on Madison Avenue; and for about $400 million (including the purchase of the building's debts) acquired the old New York Times building, the jewel in the crown of Leviev's real estate empire."