New York City’s hotel-building boom has led to an oversupply of rooms — and enticing deals for aggressive acquirers who believe prices have finally hit a bottom. Developer Rotem Rosen, who brought Zuma and Salt Bae’s Nusr-Et international hotspots to the US, has just bought Hotel Indigo on the Lower East Side for $162.5 million....
Comment on Buyers see bargains in oversaturated luxury hotel biz
Jennifer Gould Keil, New York Post: Local
Mon, 10/15/2018 - 12:08am
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