REAL ESTATE
<i> Times Staff and Wire Reports</i>
Rockefeller Center Properties Rejects Goldman Offer: Rockefeller Center Properties Inc. has in effect rejected a proposal by Goldman, Sachs & Co. to buy a piece of the landmark property, which threatened to derail a deal led by investor Sam Zell. The decision represents the most recent in a myriad of efforts to win ownership of the Art Deco office complex, which has been mired in bankruptcy proceedings since May. Rockefeller Center Properties, a publicly held trust that holds the center’s $1.3-billion mortgage, said in a statement that its board had found a Goldman-led offer to invest in the trust was not financially superior to an agreed-upon investment deal with Zell and others.
