Lexington Hotel

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Andrew Farkas of Island Capital and 511 Lexington Avenue (Island Capital, Google Maps)

Farkas buys Lexington Ave hotel for $185M

When the Lexington Hotel reopens next month, it will be under new ownership: Andrew Farkas’ Island Capital has acquired the property for $185 million. The real estate merchant bank on Tuesday announced the purchase...

Farkas buys Lexington Ave hotel for $185M

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