World & National · North America

Battle Over the Pierre Ends in Defeat for the Buyer Pushed by Lutnick

Motasem Khashoggi, who hails from a prominent Saudi family, missed a Tuesday deadline to deliver a $100 million deposit to purchase the Manhattan landmark.

14 October 2026Live

Sources

The New York Times. https://www.nytimes.com/2026/10/14/business/pierre-buyer-lutnick.html

Motasem Khashoggi, who hails from a prominent Saudi family, missed a Tuesday deadline to deliver a $100 million deposit to purchase the Manhattan landmark.

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