Deal sheet    Single Deal
870 Seventh Avenue|Sales|12/23/2011
  • Event Sales
  • Address 870 Seventh Avenue
  • Price $ 396,200,000
  • Price per foot $ 425,000.00
  • Borough Manhattan
  • Neighborhood Midtown West
  • Publication Date 02/01/2012
notes
The Park Central hotel sold for $396.2 million, or about $425,000 per key. The buyer plans to spend between $30 million and $35 million to renovate the hotel starting late this year, including an upgrade of guest rooms, bathrooms, corridors and the lobby by 2013.
Loading...