Dale L. Cheney, the founder of T-street Capital, died after plunging from Bar 54 in Manhattan, New York. Bar 54 is located on the 54th floor of New York City’s highest open-air hotel rooftop bar.
Cheney, 46, died upon impact.
Two witness report that Cheney jumped from the rooftop at approximately 6:30 pm Wednesday. Police are investigating the death as a suspected suicide.
Cheney, a father of three, launched the Connecticut-based finance firm in 2013.
Before launching T-street Capital, Cheney earned an MBA at Harvard Business School and held management positions at Citicorp Venture Capital and Goldman Sachs.
According to his LinkedIn profile, Cheney served as a board member and investor in six companies in four states.
The New York Post reports that Cheney’s T-street Capital business partnered with “entrepreneurs and management teams through capital investment, strategic acquisitions, and other opportunities.”
One Twitter user suggested financial misconduct led to Cheney’s death.
Cheney, the father of three adult children, lived in an 8,100 square foot $3.8 million home in New Canaan, Connecticut.
Referring to Cheney’s death, Tom Blundell, the general manager of the Hyatt Centric Times Square, said in a statement:
“We are truly heartbroken at the situation that occurred this evening outside our rooftop bar, and we are keeping the victim’s family and friends in our thoughts and hearts.”
A spokesperson for Blundell later added: “We are working closely with local authorities. The safety and well-being of all our colleagues, hotel guests, and Bar 54 guests remains a top priority, and at this time, as a result of this tragic incident, we will keep the door to the bar’s outdoor space locked at all times.”
This is the second time in less than four months that a person has died in falls from the rooftop bar.
In October, aspiring model Elizabeth Gaglewski appeared to accidentally fall from Bar 54 — Gaglewski died after landing on a 27th-floor balcony.
NYPD reported at the time that staff attempted but failed to keep the 26-year-old from falling as she stood on the ledge.
Gaglewski’s family noted that Elizabeth was “sweet and loving.”
“She was just a good person, a sweet and loving, caring kid,” her uncle Tony Smith told The Post last year.
If you are struggling with suicidal thoughts or are experiencing a mental health crisis, dial the 24/7 National Suicide Prevention hotline at 988, or go to SuicidePreventionLifeline.org.
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