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British Billionaires Extend Buying Spree With $151 Million New York Hotel Purchase

Reuben Brothers Have Been Snapping Up Distressed Properties During the Pandemic
The firm owned by billionaire brothers Simon and David Reuben bought The Surrey hotel in New York City for $151.15 million. (Getty Images)
The firm owned by billionaire brothers Simon and David Reuben bought The Surrey hotel in New York City for $151.15 million. (Getty Images)
CoStar News
December 11, 2020 | 12:20 AM

British billionaire brothers Simon and David Reuben are extending their aggressive U.S. commercial real estate buying spree, acquiring The Surrey hotel in New York City for $151.15 million as the latest distressed property they've scooped up in the pandemic.

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