Battle Over the Pierre Ends in Defeat for the Buyer Pushed by Lutnick NYT - Business By: Michael RothfeldοΌ Maggie Haberman and Maureen Farrell 14 October 2026 at 21:23 Motasem Khashoggi, who hails from a prominent Saudi family, missed a Tuesday deadline to deliver a $100 million deposit to purchase the Manhattan landmark. Β© Hiroko Masuike/The New York TimesA two-year battle for the future of the Pierre, a storied New York apartment building, appears to have ended with a whimper.
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