If all goes as expected, The Plaza Hotel — overnight home to Christian Dior, Frank Lloyd Wright and the Beatles, backdrop to movies like North by Northwest and Crocodile Dundee and playground for the impish Eloise — is about to change hands once again for an eye-popping $600 million. It’s just not clear who the new owner will be. Read more
Tag Archive for: Sahara Group
More over Conrad Hilton. And you, too, Donald Trump. It appears that a new member may be joining the growing coterie of individuals and consortiums who have called themselves owners of New York’s 1907 landmark, The Plaza Hotel.
Sahara Group, the India-based conglomerate that bought a majority stake in the hotel in 2012, has hired a broker to sell their share in the showpiece Fifth Avenue property, The Wall Street Journal reports.
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