Dale L. Cheney, a father of three who founded his own investment firm in Connecticut, was identified as the banker who fell to his death from a Manhattan rooftop club, according to police sources.
At approximately 6:30 p.m. on Wednesday, Cheney, 46, jumped from Bar 54 at the Hyatt Centric Times Square New York on West 45th Street near Seventh Avenue, in front of at least two witnesses, according to cops and sources.
He was pronounced dead on the street below, police added.
A suicide is being examined as the cause of death, according to an NYPD official.
According to public documents, Cheney launched T-street Capital in 2013 in Darien, Connecticut, approximately 60 kilometers northeast of Manhattan.
Through financial investments, strategic acquisitions, and other opportunities, the independent growth equity firm partners with entrepreneurs and management teams.
According to his LinkedIn page, Cheney was also a board member and investor at six different companies in four states.
Prior to founding his own company, he was an investment principal at Citicorp Venture Capital beginning in 2007, and before that, he spent two years at Goldman Sachs beginning in 2005.
According to his web page, he received a master’s degree in business administration from Harvard University.
According to public records, Cheney resided in a spacious 6-bedroom, 7-bathroom apartment in New Canaan, Connecticut. The estimated market value of the 8,100-square-foot mansion is greater than $3.8 million, according to its Zillow profile.
According to police sources, he has three children who are in their late teens and early twenties.
According to authorities, immediately after the fatal fall, two people at the rooftop bar reported to police that the man had leaped off the building. A woman dialed 911 to report hearing a loud noise.
Tom Blundell, the general manager of the Hyatt Centric Times Square, said in a statement, “We are truly heartbroken over the incident that occurred outside our rooftop bar this evening, and we are keeping the victim’s family and friends in our thoughts and hearts.”
“We collaborate with local authorities.” The safety and wellbeing of all our workers, hotel guests, and Bar 54 visitors remains a major priority, and as a result of this unfortunate tragedy, we will keep the door to the bar’s outdoor space locked at all times,” said Blundell through a representative.
This is the second time in less than four months that an individual has jumped from the bar of the same hotel.
Queens model hopeful Elizabeth Gaglewski fell from Bar 54 and hit a 27th-floor balcony in October, according to the NYPD. In October, sources told The Post that staff attempted to stop the 26-year-old woman from falling as she stood on the brink.
Family members described Gaglewski as “sweet and loving.”
Last year, her uncle Tony Smith told The Post, “She was just a good person, a sweet, loving, caring child.”
If you live in New York City and are having suicide thoughts or a mental health crisis, you can call 1-888-NYC-WELL for free and confidential crisis therapy.
If you reside outside of the five boroughs, you can call the National Suicide Prevention Lifeline at 988 or visit SuicidePreventionLifeline.org.
»Founder of investment business who died after falling from New York rooftop bar identified«