Investment banker who jumped to his death from Times Square bar had run-ins with police over money
The Harvard-educated banker had just filed for divorce. He is shown in a photo from his LinkedIn page
A Connecticut financier who jumped to his death from the roof of a Times Square bar on Wednesday evening had filed for divorce the day before, and had explosive rows about money several years ago, it has emerged.
Dale Cheney, 46, threw himself from the 54th floor bar above the Hyatt hotel – the second person to take their own life from the bar in three months.
Cheney, father of three adult children, lived with his wife Lauren, 44, in a $3.8 million house in New Canaan, Connecticut.
But on Thursday it emerged that he had filed for divorce the day before his suicide, and had such significant money problems police were called to the house amid rows.
Dale Cheney, 46, committed suicide on Wednesday at 6.30pm, leaping from Bar 54 (pictured) at the Hyatt Centric in Times Square
Cheney previously lived at this Upper East Side building. Police were twice called in 2008, amid domestic disturbances centered on money
A NYPD source told The New York Post that they were called twice in 2008 to the Upper East Side apartment where he was living at the time.
They were called for domestic disturbances, which they noted were about money.
Cheney moved out of Manhattan, to Connecticut, in 2010, property records show.
They bought their home in 2018 for $1.6 million.
Lauren Cheney was not at the property on Thursday, the paper reported.
Cheney was a respected money manager, who was a board member and investor at six different companies in four states, according to his LinkedIn page.
Cheney’s sprawling home in New Canaan, Connecticut. The property is worth an estimated $3.5million
The Harvard-educated financier had a Master’s in business administration.
From 2005-7 he worked at Goldman Sachs, before moving to work as an investment principal at Citicorp Venture Capital.
Cheney founded T-street Capital in 2013 in Darien, Connecticut.
The company describes itself as ‘an independent growth equity firm that works in partnership with founders and management teams to grow their businesses through a combination of capital investment, acquisitions, and other opportunistic and strategic initiatives.’
In June 2019, T-street announced that it had closed a deal which raised $75 million for a new fund, ‘to continue its focus on growth equity investments.’
Cheney’s family is yet to comment on his death.
The bar said in a statement that it was ‘truly heartbroken’, but it is yet to confirm if it will make any changes to its outdoor deck to prevent any additional suicides.
‘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,’ said Tom Bundell, general manager.
In October, 26-year-old Elizabeth Gaglewski jumped to her death from the same bar
The Queens-born aspiring model landed on a 27th floor balcony but did not survive her injuries
In October, aspiring model Elizabeth Gaglewski took her own life at the same bar.
They added that she had ‘struggled to cope’ after the death of her father, and had suffered with depression.
She landed on a 27th floor balcony, but did not survive.