Financier who fatally plunged from NYC rooftop bar ID’d as Connecticut dad of 3

Financier who fatally plunged from NYC rooftop bar ID’d as Connecticut dad of 3

The financier who plunged to his death from a Manhattan rooftop bar has been identified as Dale L. Cheney, a dad of three who launched his own Connecticut-based investment firm, police sources confirmed.

Cheney, 46, plummeted 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 around 6:30 p.m. Wednesday, authorities and the sources said.

He landed on the street below and was pronounced dead, cops said.

A headshot of financier and dad-of-three financier Dale L. Cheney, 46.
Financier and dad of three Dale L. Cheney, 46, plummeted to his death from a Times Square rooftop bar Wednesday evening.
Dale cheney/Linkedin

The death is being investigated as a suspected suicide, an NYPD spokesperson said.

Cheney founded T-street Capital in 2013 in Darien, Connecticut, about 40 miles northeast of Manhattan, according to public records.

The independent growth equity firm partners with entrepreneurs and management teams through capital investment, strategic acquisitions and other opportunities. 

A photo of the Hyatt Centric Times Square New York, where Dale L. Cheney plunged to his death Wednesday evening.
Cheney, 46, plunged from Bar 54 at the Hyatt Centric Times Square New York around 6:30 p.m. Wednesday.
William Lopez/NY Post

Cheney was also a board member and investor at six different companies in four states, according to his LinkedIn page.

Before starting his own firm, he worked as an investment principal at Citicorp Venture Capital dating back to 2007, and prior to that was at Goldman Sachs for two years beginning in 2005.

He earned a master’s degree in business administration from Harvard University, according to the online profile. 

A photo of the Hyatt Centric on 45th Street between Sixth and Seventh avenues.
Cheney’s death is being investigated as a suspected suicide.
William Lopez/NY Post

Cheney lived in a sprawling six-bedroom, seven-bathroom apartment in New Canaan, Connecticut, records show. The 8,100-square-foot home’s estimated market value is more than $3.8 million, according to its Zillow profile. 

He has three children who are in their late teens and early 20s, according to police sources. 

A police officer stands at the scene of Cheney's fatal plunge  from the Hyatt Centric Times Square New York.
Cheney is the founder of T-street Capital in Darien, Connecticut.
William Lopez/NY Post

Just after the fatal plunge, two people at the rooftop bar told police that the man jumped off the building, sources said. One woman called 911, saying she heard a loud noise.

“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,” Tom Blundell, the general manager of the Hyatt Centric Times Square, said in a statement.

“We are working closely with local authorities. The safety and wellbeing 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,” Blundell said through a spokesperson.

This is the second time in less than four months a person plunged from the same hotel bar.

In October, aspiring model Elizabeth Gaglewski, of Queens, fell from Bar 54 before hitting a 27th-floor balcony, the NYPD said. Staff tried to swoop in and stop the 26-year-old woman from falling as she stood on the ledge, sources told The Post in October.

Gaglewski was remembered as “sweet and loving” by family.

“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 and live in New York City, you can call 1-888-NYC-WELL for free and confidential crisis counseling. If you live outside the five boroughs, you can dial the 24/7 National Suicide Prevention hotline at 988 or go to

Joe Marino, Amanda Woods

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