Bibliographische Detailangaben
| Titel: |
New York's Roosevelt Hotel May Make Way for New Skyscraper. |
| Autoren: |
Khan, Tooba (AUTHOR), Strumpf, Dan (AUTHOR) |
| Quelle: |
Bloomberg.com. 10/4/2025, pN.PAG-N.PAG. 1p. |
| Schlagwörter: |
*HOTELS, *REAL property, *INTERNATIONAL financial institutions, SKYSCRAPERS, CITIES & towns |
| Geografische Kategorien: |
PAKISTAN, MIDTOWN Manhattan (New York, N.Y.), NEW York (State) |
| Abstract: |
The article discusses Pakistan's consideration of options for the Roosevelt Hotel in Midtown Manhattan as part of its efforts to fulfill commitments to the International Monetary Fund (IMF). One option includes demolishing the hotel to construct a skyscraper, while another is to retain the hotel if it proves economically viable. The hotel, previously owned by Pakistan International Airlines (PIA), has been closed since the pandemic. The government is also looking to sell PIA, which has been reliant on government bailouts, with hopes of finalizing a sale by November. The transaction for the hotel is in progress, with bids from several major advisory firms being evaluated. [Extracted from the article] |
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| Datenbank: |
Business Source Index |