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Real Estate Rumors: Westbrook, Silverstein, Piedmont

By Andrew McIntyre (May 15, 2019, 7:17 PM EDT) -- Westbrook Partners LLC and Korea Investment Corp. are considering selling the Ritz-Carlton New York, Central Park and have interest from two or more would-be buyers, Bloomberg reported on Wednesday, citing sources with knowledge. The joint venture is seeking $600 million for the 259-room hotel, and one or more potential buyers would seek to convert part of the hotel to residential condos, according to the report....

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