Starwood Hotels & Resorts | The Real Deal New York

The Real Deal New York

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Starwood Hotels & Resorts

One StarPoint
Stamford, CT 06902
(203) 964-6000
Website

11/13/18
The 11-story Beaux-Arts building at 88 University Place in Greenwich Village is the kind of property every co-working company dreams of occupying. Sitting just south...

11/05/18
The 11-story Beaux-Arts building at 88 University Place in Greenwich Village is the kind of property every co-working company dreams of occupying. Sitting just south...

The 11-story Beaux-Arts building at 88 University Place in Greenwich Village is the kind of property every co-working company dreams of occupying. Sitting just south...

12/22/17
From the December issue: It was just after 11 p.m. on Saturday, Nov. 4, when the well-heeled guests of the Ritz-Carlton Hotel in Riyadh, Saudi Arabia’s...

It was just after 11 p.m. on Saturday, Nov. 4, when the well-heeled guests of the Ritz-Carlton Hotel in Riyadh, Saudi Arabia’s capital city, were...

11/30/17
Fannie and Freddie fight over $7.7B with Trump administration Fannie Mae and Freddie Mac will owe the Treasury Department more than $7 billion at the...

11/28/17
Although Staten Island is often referred to as New York City’s forgotten borough, this might not be the case for much longer. New projects and...

11/21/17
WeWork is quietly setting the stage for the launch of a brick-and-mortar retail platform as it continues to branch out into new business lines ahead...

05/02/17
From the May issue: Anbang Insurance Group’s bid for Starwood Hotels & Resorts Worldwide last year dropped like a bomb in the real estate and hospitality...

Anbang Insurance Group’s bid for Starwood Hotels & Resorts Worldwide last year dropped like a bomb in the real estate and hospitality worlds. The Beijing-based...

04/26/17
UPDATED: Thursday, April 27 at 8:32 a.m.: Chinese social media platform WeChat erupted Wednesday with reports that Wu Xiaohui, chairman of Anbang Insurance Group, has...

03/16/17
The deal that put Jared Kushner on the map also nearly destroyed him. In January 2007, his family firm, Kushner Companies, paid a then-record $1.8...

02/16/17
WeWork’s $17 billion business was built on the foundation that it could lease loads of office space to hungry startups across the globe. And for...

01/18/17
UPDATED, Jan. 18, 3:04 p.m.: George Xu’s Century Development Group is moving ahead with plans to bring a 250-key Westin hotel to Downtown Flushing, the developer...

12/21/16
Morris Moinian’s Fortuna Realty Group landed a $65 million construction loan from M&T Bank for the 176-key hotel the company is building south of Bryant...

11/28/16
Marriott International’s $13 billion acquisition of Starwood Hotels & Resorts made it the largest hotel operator in the world with 5,700 properties and 1.1 million...

11/14/16
Andrew MacArthur, a former executive at CWCapital Asset Management who led the $5.3 billion sale of Stuyvesant Town-Peter Cooper Village last year, has been hired...

10/24/16
Chinese shipping and aviation giant HNA Group will buy a roughly 25 percent stake in Hilton Worldwide Holdings from Blackstone Group, the company announced Monday....

10/21/16
Jack Parker Corporation is looking to sell its 729-room hotel Le Parker Meridien in Midtown. The developer has been showing Le Parker Meridien at 119...

09/27/16
Anbang Insurance Group closed on its acquisition of the Strategic Hotels & Resorts portfolio from the Blackstone Group. The Chinese insurance company bought 15 of...

09/23/16
This time, no mysterious Chinese suitor showed up at the last minute. Marriott International closed on the $13 billion acquisition of Starwood Hotels & Resorts....

09/12/16
Triangle Equities is doubling down on its bet that Staten Island can become the next upscale market in the five boroughs. The developer announced Monday...

09/02/16
Who really owns the Waldorf Astoria Hotel? Turns out the answer is surprisingly hard to come by. Tags: anbang, waldorf astoria...

08/30/16
“Hey Siri, which massive hotel company is making a push to outfit its rooms with voice-control technology?” Tags: iphone, starwood hotels and resorts...

08/24/16
Qatar’s sovereign wealth fund has acquired a stake in New York City’s Empire State Building through a $622 million deal for a minority stake in...
  • Event Sales
  • Address 790 Seventh Avenue
  • Neighborhood Midtown West
  • Borough Manhattan
  • Price $ 275,000,000
notes
The Manhattan at Times Square Hotel sold for $275 million, the New York Observer reported.
  • Event Sales
  • Address 1414 Sixth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 132,000
  • Price $ 72,000,000
  • Price per foot $ 545.45
notes
The former hotel sold for $72 million.
  • Event Sales
  • Building Name Saint Regis New York
  • Address 2 East 55th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 24,700
  • Price $ 117,000,000
  • Price per foot $ 4,736.84
notes
The retail portion of the hotel sold for $117 million. The price represents a capitalization rate of 5 percent on anticipated net operating income in 2009.
  • Event Sales
  • Building Name Sheraton Russell Hotel
  • Address Park Avenue at East 37th Street
  • Borough Manhattan
  • Price $ 40,000,000
  • Publication Date 02/01/2005
  • Event Date 12/23/2004
  • Party 1 Starwood Hotels & Resorts Worldwide
  • Party 2 SJP Residential Properties
notes
To be converted to residential
Manhattan, 10016
MCSAM HOTEL GROUP, 9 EAST 38TH STREET REALTY LLC
...
Manhattan, 10016
MCSAM HOTEL GROUP, 9 EAST 38TH STREET REALTY LLC
...