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Roosevelt Hotel pulled again by owners

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The Roosevelt Hotel at 45 East 45th Street has been taken off the
market by its Pakistani owners. Long regarded as a candidate for
demolition and redevelopment, previous efforts to sell the Grand
Central area property failed because of feuds between the Pakistani
government’s PIA Investments, its former partner Saudi Prince Faisal
bin Khalid, and Pakistani factions. The hotel previously hit the market
in July, the Post reported.

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