If the info is valid it is likely covered in other outlets. Also, it doesn't work to complain in this fashion, if you have an issue, you need to write to the administrators. The rules are fairly straightforward, and not hard to comply with. ON EDIT--
http://www.usrom.com/Countries/uae.htmAbove is a link that discusses the purchase.
Istithmar of the UAE closes on the $705 million acquisition of 230 Park Avenue in Manhattan in New York City
Thursday, 10 November 2005
Istithmar PJSC, a leading investment house based in the United Arab Emirates (UAE), focusing on private equity, real estate and alternative investments, has announced today that it has closed on the acquisition of another internationally recognized landmark property, 230 Park Avenue (the Helmsley Building) in Manhattan. The property was purchased for $705 million from 230 Park Avenue Investors, LLC, of which Robert M. Bass of Fort Worth, Texas is a lead investor. The purchase of the New York City trophy property follows on the heels of Istithmar’s acquisition of London, the UK’s One Trafalgar Square last month.
230 Park Avenue is a 34-story gold-domed office tower, in excess of 1.2 million square feet straddling Park Avenue at 45th Street. Built in 1929, 230 Park Avenue is one of two buildings that combine a direct connection to Grand Central Terminal with the prestige of a Park Avenue address.
Istithmar’s Executive Chairman Sultan Ahmed Bin Sulayem commented, “We believe 230 Park Avenue is an irreplaceable prime property in the world’s largest real estate market. This particular investment represents the perfect fit for us as we continue to add outstanding assets to our expanding international real estate portfolio.”
“The Jewel of Park Avenue,” as it is often referred to, is surrounded by many of New York’s finest hotels, restaurants and social clubs. Many multinational corporations have also made Park Avenue the hub of their global operations. 230 Park Avenue is a particularly attractive corporate location as evidenced by its impressive roster of tenants including ING Baring, Tokio Marine, HSH Nordbank, Bank of Argentina, and PB Capital.
Financing for the acquisition of 230 Park Avenue is being provided by Credit Suisse First Boston. Istithmar is being advised on the transaction by Island Capital, a real estate focused firm headed by Andrew L. Farkas.