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Gale Well Group Sells Floor at The Center for $350M, Suffers Huge $340M Loss in 4 Years

Gale Well Group, led by CEO Jacinto Tong, has been offloading its high-end residential and commercial properties in recent months, with some being sold at significant losses.According to the latest market news, Tong has sold the entire 26th floor of the The Center for approximately $350 million. The transaction price of around $14,000 per square foot represents a sharp 50% drop from the $27,720 pe...
2025-07-16

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