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Saudi Royal, British Firm In Talks To Buy Plaza Hotel
News

Plaza Hotel To Sell For $352M?

The Plaza Hotel, once the much-touted crown jewel of ... who is incarcerated for defrauding investors. The 557k SF hotel was to be put up for auction this spring ... be the second time Saudi royalty owned the Plaza. Prince Alwaleed bin-Talal was the buyer when The ...

Jun 21, 2016
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Plaza Hotel Auction Falls Through
News

Plaza Hotel Auction Falls Through

... A planned auction for the famous Plaza Hotel has been canceled. The auction ... the mortgage from Bank of China when the hotel’s previous owner, Sahara India Pariwar, ... On offer at the canceled auction were the hotel’s rooms, its restaurants and retail space. ...

Mar 29, 2016
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PLAZA HOTEL TRADES AGAIN
News

PLAZA HOTEL TRADES AGAIN

... main character Kevin McCallister stays in the Donald Trump-owned Plaza Hotel. Three years later, Trump sold it to Saudi Prince Alwaleed ... % interest—El Ad’s position—for $575M, which includes 230 hotel rooms and retail space (the prince's Kingdom Holding Co ...

Nov 28, 2012
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The Plaza Hotel Is On The Sales Block
News

The Plaza Hotel Is On The Sales Block

The owners of the iconic Plaza Hotel overlooking Central Park have made their intentions of selling clear ... took meetings from his visitation room in jail regarding the Plaza Hotel, but left potential buyers frustrated, according to the WSJ. Last ...

Aug 22, 2017
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Minority Owners Of The Plaza Hotel Sue Majority Owner For Trying To Sell To Third Party
News

Minority Owners Of The Plaza Hotel Sue Majority Owner For Trying To Sell To Third Party

The minority owners of the Plaza Hotel are suing the property’s ... Sahara reached an agreement to sell the famed hotel to investors Shahal Khan and the Hakim ... imprisoned for defrauding investors. The price for the hotel, much of which has been converted to ...

May 21, 2018
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Report: Cryptocurrency-Financed Deal To Buy Plaza Hotel Falling Apart
News

Report: Cryptocurrency-Financed Deal To Buy Plaza Hotel Falling Apart

... an "initial coin offering" to fund the purchase of the Plaza Hotel in Manhattan, CNBC reported. The deal has not gone as ... chance to buy equity in the Plaza through a cryptocurrency offering backed by the hotel.  The Plaza is owned by Sahara Group, which ...

Apr 09, 2018
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Qatar Buys Iconic Plaza Hotel for $600M
News

Qatar Buys Iconic Plaza Hotel for $600M

Qatar-owned Katara Holding is buying the Plaza Hotel for $600M, bringing to a close an ongoing saga surrounding ... month, Sahara had reportedly reached an agreement to sell the hotel to investors Shahal Khan and the Hakim Organization for $600M ...

Jul 03, 2018
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Saudi Prince, Ashkenazy Plan To Buy The Plaza Hotel, Restore It To Former Glory
News

Saudi Prince, Ashkenazy Plan To Buy The Plaza Hotel, Restore It To Former Glory

The Plaza Hotel is officially up for sale, but parties ... rehabilitating historic structures, co-owns 25% of the Plaza with Saudi Prince al-Waleed bin Talal, The ... of this unique asset.” The Plaza, at its peak, was the premier hotel in New York City, hosting ...

Aug 24, 2017
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Century Plaza
News

New Operator For Century Plaza Hotel

... of the more than 50-year-old Century Plaza Hotel is aiming to be a crowd pleaser, ... The project includes adding 63 condos to the hotel and removing around half of its 726 ... Hale Studios added. Construction on the hotel is expected to be finished next year. ...

Jan 24, 2017
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Historic, Five-Star Hotel Set To Hit Auction In April
News

Billionaire Brothers Are Putting Historic Plaza Hotel Up For Auction In April

The Plaza Hotel is set to hit the market ... Billionaire brothers David and Simon Reuben hold the hotel’s mortgage, and have scheduled a foreclosure auction ... for defrauding investors. The deal is for the Plaza’s hotel rooms, restaurants and retail space, and is ...

Mar 18, 2016
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