By Andrew McIntyre ( October 10, 2017, 11:31 AM EDT) -- Highgate, an investment firm controlled by the Khimji family, is under contract to buy a New York Park Avenue South boutique hotel for nearly $200 million, The Real Deal reported on Monday, citing sources with knowledge of the matter. The firm is buying the 249-room Gansevoort Park Avenue NYC, located at 420 Park Ave. S. in NoMad, from a venture of Gansevoort Hotel Group, Centurion Realty and Douglaston Development, according to the report....
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