New York’s Storied Plaza Hotel Is Set to Sell for $600 Million
Bloomberg, May 4, 2018–Gillian Tan
New York’s iconic Plaza Hotel is about to change hands. Its buyers are Shahal Khan, founder of Dubai-based family office White City Ventures, and Kamran Hakim, of New York landlord Hakim Organization. They agreed to pay $600 million for the hotel, at the southeast corner of Central Park, in a deal that is set to be completed on June 25.
