If you’ve walked along Central Park South but never heard of the Park Lane hotel, you’re in good company. But soon, thanks to an extensive facelift, the storied hotel’s owners hope that the name is as ...
The plan to transform Manhattan’s Park Lane Hotel into a super tall 1,210-foot luxury condominium tower is getting a boost from a new backer. Chinese developer Greenland Holding Group is buying a 41 ...
Developer Steve Witkoff is hitting the brakes on plans to Convert The Park Lane Hotel into luxury condominiums. Instead, the developer and his partners, including Harry Macklowe and Douglas Elliman ...
Was it the price? The state of the market? The baggage? Offers On The Park Lane Hotel were due last week, but no buyers showed up willing to pay the $1 billion the property was expected to fetch. The ...
The Witkoff Group, Mubadala and QIA did not immediately respond to a request for comment. All things considered, it probably could have sold for a lot less. The joint venture purchased the 631-room ...
J.P. Morgan Chase and Deutsche Bank have teamed up to provide $615 million to The Witkoff Group and Emirati sovereign wealth fund Mubadala Investment Company to refinance the Park Lane Hotel in ...
Developer Steven Witkoff has teamed up with a Hong Kong equity partner, Jynwel Capital, to buy the Park Lane Hotel on Central Park South for $660 million. The transaction, which was financed by Wells ...
It may just be that the long-in-the-works conversion of the Helmsley Park Lane Hotel will move forward, but first a judge will have to intervene. Developer Steven Witkoff has joined forces with the ...
A stake in New York’s Park Lane Hotel has been sold to an Abu Dhabi sovereign wealth fund as part of the U.S. Justice Department’s efforts to recover billions of dollars that flowed through Malaysia’s ...
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