The priciest hotel transaction in New York City in 2024 was of the Thompson Central Park Hotel, located at 119 West 56th Street, which Gencom bought from GFI Capital Resources Group and Elliott Management for around $289 million.
Four of the top five transactions were in Manhattan. The lone sale outside that borough was of the William Vale Hotel, located at 111 North 12th Street in Williamsburg. All Year Holdings sold that property to EOS Hospitality.
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