Dale L. Cheney, the founder and partner of a Connecticut-based investment firm, died on Wednesday night after plunging from a rooftop bar in Manhattan. The 46-year-old man was witnessed jumping off the 54th floor of the Hyatt Centric Times Square New York hotel around 6:30 p.m., according to police and law enforcement sources. His death is being investigated as a suspected suicide, and has shocked his family, friends, and colleagues.
Who Was Dale L. Cheney?
Dale L. Cheney was a successful businessman who founded and ran an investment firm that specialized in private equity and venture capital. He had over 20 years of experience in the financial industry, and had worked for several prominent firms before starting his own company. He was also a philanthropist who supported various causes, such as education, health, and environmental protection.
Cheney was married and had two children, a son and a daughter. He lived in Greenwich, Connecticut, where he owned a $4 million mansion. He was described by his neighbors as a friendly and generous person who often hosted parties and events at his home.
What Led to His Death?
The exact motive behind Cheney’s death is still unclear, but some clues suggest that he may have been facing personal and professional troubles. According to law enforcement sources, police were called to his home twice in 2008 over domestic disputes with his wife. One of the arguments was over finances. Court records show that the couple had filed for divorce on Tuesday, the day before his death.
Sources also said that Cheney’s investment firm had been struggling recently due to the COVID-19 pandemic and the volatile market conditions. The firm had reportedly lost some of its clients and assets, and was facing lawsuits from some of its investors. Cheney may have felt overwhelmed by the pressure and stress of running his business amid the crisis.
How Did He Die?
Cheney died after falling from Bar 54, a rooftop bar located on the top floor of the Hyatt Centric Times Square New York hotel. The bar offers panoramic views of the city skyline and is popular among tourists and locals alike. Cheney was seen by at least two people jumping off the building, according to sources. One woman called 911, saying she heard a loud noise. He landed on the street below and was pronounced dead on scene, cops said.
The hotel management expressed their condolences to Cheney’s family and friends, and said they were working closely with the authorities. They also said they would keep the door to the bar’s outdoor space locked at all times as a result of the tragic incident.
This is the second time in less than four months that a person plunged from the same hotel bar. In October, Elizabeth Gaglewski, a 26-year-old aspiring model from Queens, fell from Bar 54 before hitting a 27th-floor balcony. She was also remembered as a sweet and loving person by her family.
Dale L. Cheney was a successful investment firm founder who died on Wednesday night after plunging from a rooftop bar in Manhattan. His death is being investigated as a suspected suicide, and may have been triggered by personal and professional troubles. His death has shocked his family, friends, and colleagues, who mourned his loss and remembered his achievements. If you are struggling with suicidal thoughts or are experiencing a mental health crisis, you can call 1-888-NYC-WELL for free and confidential crisis counseling in New York City, or dial the 24/7 National Suicide Prevention hotline at 988 or go to SuicidePreventionLifeline.org
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