Japanese Firm Buys Tallest N.Y. Hotel: Just...
- Share via
From Times Staff and Wire Reports
Japanese Firm Buys Tallest N.Y. Hotel: Just three weeks after a Japanese real estate company bought famed Rockefeller Center, Manhattan’s tallest hotel has been snapped up by Japanese interests. Osaka-based Royal Hotel announced that it has agreed to pay $230 million for a towering luxury hotel under construction in mid-town Manhattan. The seller is Albemarle 54th Street Associates. The 54-story hotel, which will have 505 rooms, is scheduled to open in June.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
