Viceroy Hotel Sells for $148.5M

Source:  CoStar

American Realty Capital NY Recovery REIT, Inc. (NYRR) acquired the leasehold interest in the Viceroy Hotel located at 120-124 W. 57th St. in New York City from Ark Partners for $148.5 million, exclusive of closing costs. The newly-constructed, 240-room hospitality building is located in Manhattan's Columbus Circle submarket, between 6th and 7th Avenues. Roman and Williams designed the 29-story, 108,441-square-foot hotel, being managed by Viceroy...

NREIonline.com Freemium Content

"Viceroy Hotel Sells for $148.5M" is FREE to access as a registered user on NREIonline.com.

Why Register for NREIonline? It's simple and free, and here is what you get:

  • Access to leading real estate industry research.
  • Interactive rankings of commercial real estate professionals.
  • Submit your own articles, (if approved) which will appear around the site.
  • Ability to comment and interact on all site content.

Already registered? here.

Read source

Please or Register to post comments.

Multifamily Special Report

NREI’s Special Multifamily Report Shows the Sector Will Shine Well into the Future.  Click below to browse the articles and galleries of this special section.

Newsletter Sign Up
AdviceIQ

National Real Estate Investor Related Sites

Sponsored Introduction Continue on to (or wait seconds) ×