Fried Frank Guides $540M Times Square Hotel Interest Buy

By Jeff Zalesin (December 21, 2015, 2:17 PM EST) -- Maefield Development, advised by Fried Frank Harris Shriver & Jacobson LLP, has bought the leasehold interest in Times Square's DoubleTree hotel from Sunstone Hotel Investors Inc. for $540 million as part of a $2 billion mixed-use project, Maefield said on Friday....

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