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Host Hotels & Resorts Puts W New York Under Contract for $190M

Opportunistic Sale Expected to Close in Q2 2018
By Diana Bell
April 4, 2018 | 7:57 P.M.

Host Hotels & Resorts is under contract to sell the W New York Hotel at 539-541 Lexington Ave. for $190 million, according to company documents, with the transaction expected to close in the second quarter of 2018. The un-named buyer has already placed a $13 million deposit toward the transaction.

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